Answer:
C. Citizens have more wants than they can fulfill with their available resources.
Explanation:
Correct for APEX
Answer:
Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31? (Select all that apply.)
B. A company pays a 6-month insurance premium at the beginning of October.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Explanation:
B. A company pays a 6-month insurance premium at the beginning of October.
Record expenses for 3 months. Oct-nov-dec. Otrher 3 months are prepaid expenses.
D. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Record expenses for 2 months. Nov-Dec. Other 2 months are prepaid expenses.
Answer:
The correctt answer that fills the gap is Double.
Explanation:
GDP per capita, income per capita or income per capita is an economic indicator that measures the relationship between the level of income of a country and its population. For this, the Gross Domestic Product (GDP) of said territory is divided by the number of inhabitants.
The use of per capita income as an indicator of wealth or economic stability of a territory makes sense because through its calculation, national income is interrelated (through GDP in a specific period) and the inhabitants of this place.
The objective of GDP per capita is to obtain data that shows in some way the level of wealth or welfare of that territory at a given time. It is often used as a measure of comparison between different countries, to show differences in economic conditions.
Answer:
8.3% - 60%
Explanation:
Unemployment rate is the total of unemployed divided by the total workforce. As the question says, there is 1 million of unemployed and the people able to work is 12 million (1 million unemployed plus 11 employed). So the unemployment rate is 1/12... which is 8.3%
The participation rate is the employed plus the people that have no job but are actively seeking for a job, divided by the population that is in working age. The people who has no job, is in working age and available to work and is actively looking for work is the unemployed (ILO definition of unemployment). So we have 1 million plus the 11 million of employed, we have a total of 12 million. So the participation rate is 12/20... which gives us 60%
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each unit of output requires 0.07 direct labor-hours. The direct labor rate is $8.70 per direct labor-hour. The production budget calls for producing 6,000 units in February and 6,500 units in March.
We need to determine the total direct labor hours needed for each month.
February:
Total direct labor hours= 6,000*0.07= 420 hours
Total direct labor costs= 420*8.7= $3,654
March:
Total direct labor hours= 6,500*0.07= 455 hours
Total direct labor costs= 455*8.7= $3,958.5
