TRUE. If the Fed wants to increase the money supply, it can do so by buying government bonds and if it wants to reduce the money supply it can do so by selling bonds from its account
Savings account B offers a higher APY because monthly compounding gives a better return than quarterly compounding.
Savings account A: Quarterly compounding: APY = (1+0.02/4)^4 -1 = 2.015%
Savings account B : Monthly compounding: APY = (1+0.02/12)^12 -1 = 2.018%
As we can see, Savings account B with monthly compounding produces a slightly higher APY than A and hence is better than A
Answer:
Explanation:
Product attributes (least effective)
Product benefits.
Beliefs and values (taps into emotions)
Answer:
The correct answer is (B)
Explanation:
Economics is a study of the market and human behaviour. Economists usually use historical data, conduct interviews and surveys to find a pattern to predict and forecast. In economics, it is almost impractical to conduct laboratory experiments because laboratory experiments leave out various aspects of reality and leave out relevant variables. Furthermore, It is difficult to find a way to use a laboratory experiment to predict and forecast.
Answer:
$396
Explanation:
Calculation for the contribution margin per unit sold for recurring sales
Using this formula
Contribution margin per unit = Normal Selling price per unit - (Direct material +Direct labor+Variable factory overhead)-Variable selling & administrative costs
Let plug in the formula
Contribution margin per unit = $750 - ($120+ $150 + $60) - $24
Contribution margin per unit = $750 - $330 - $24
Contribution margin per unit= $396
Therefore the contribution margin per unit sold for recurring sales will be $396
