Answer: The answer is GDP per capita.
GDP per capita is Gross Domestic Product divided by a country's population.
Explanation: Gross Domestic Product (GDP) per capita refers to dividing the country’s Gross Domestic Product by its population. It measures the country’s economic output that account for the country’s total population. Gross Domestic Product (GDP) per capita is the best measurement of a country’s standard of living.
Gross Domestic Product means the total number of goods and services produced in the country within a year.
Answer:
D.
Explanation:
If you improve product performance more people would want to buy the one with improved performance.
Answer:
The higher discount rate lower the banks incentive to borrow from the Fed, lowering the quantity of reserves, and causing the money supply to fall.
This is because a higher discount rate makes borrowing from the Fed more expensive. Some of the money that would have been borrowed from the fed becomes bank reserves, and some other becomes loanable funds that increase the money supply. As a result, if banks borrow less from the fed, the money supply falls (or grow less).
The Fed Funds rate is the rate that banks charge one another for short-term overnight loans.
This occurs when banks are stripped of cash, and rely on other banks to meet their cash requirements for the day.
When the Fed buys government bonds, the reserves in the banking system increases, the banks demand for the reserves decreases, and the federal funds rate falls.
When the Fed buys government bonds, it is essentially creating money. This money enters the banking system in the form of reserves, of which some are loaned out, creating even money. Demand for the borrowed reserves falls because banks now need less of it, and as a result, their price: the federal funds rate, also falls.
Explanation:
Answer:
Materials
62,000 equivalent units
Conversion
42,800 Equivalent untis
Cost of finished Goods
38,000 x (.75 + .55) = 38,000 x 1.3 = $49,400
WIP
24,000 x .75 = 18,000
4,800 x .55 = 2,640
Total WIP 20,640
Explanation:
Equivalent Units
38,000 complete
20% of 24,000 WIP = 4,800
Equivalent Units CC = 42,800
x .55 CC = 23540
Materials
62,000 x .75 = $46,500
