Answer: a) has no intrinsic value
Explanation:
Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.
It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.
Answer:
Total product A Sales = $132000
Total Product B Sales = $182000
Total Sales of Both Products = $314000
Explanation:
The Product A sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product A
Total Product A Sales = 12000 x $11 = $132000
The Product B sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product B
Total Product A Sales = 14000 x $13 = $182000
Total sales of Both product = Total Product A Sales + Total Product B Sales
Total Sales of Both Product = $132000 + $182000 = $314000
The budgeted sales for the Modesto Corp. is $314000
Answer:
14.7%
Explanation:
Frictional unemployment occurs when a person willingly quits his/her job in order to seek a better job.
Structural unemployment occurs when a person's skills do not fit the skills required by the firms that are hiring.
Cyclical unemployment results from a decrease in economic activity.
A general decrease in wages will result primarily in the aggregrate demand curve shifting to the shifting to the right.
<h3>What is the impact in the decrease in wages? </h3>
When there is a decrease in wages, it becomes cheaper to hire labor. As a result, there would be an increase in the demand for labor. This would shift the demand curve for labor to the right.
The decrease in wages, would shift the long run aggregrate supply curve to the left.
To learn more about the demand curve, please check: brainly.com/question/25140811
Answer:
Using the weighted average method, the equivalent units produced by the department were:
= 8,760 units.
Explanation:
a) Data and Calculations:
Units Conversion
Ending inventory 1,560
Units completed 8,370
Units available 9,930
Beginning inventory 1,470 35%
Additional units started 8,460
Equivalent units of production:
Units completed 8,370 8,370 (100%)
Ending inventory 1,560 390 (25%)
Equivalent units of production 8,760
