Answer:
Allocative efficiency is about distributing or allocating resources in the best possible manner. E.g. in order to fight the current pandemic, more resources ($) is allocated to different health care institutions.
Productive efficiency is about how a company or a person uses the resources that it has in order to produce the greatest amount of benefits at the lowest possible cost. E.g. in a hospital, if a doctor is able to treat 15 patients per day, his/her productive efficiency will be higher than another doctor that only treats 10 patients per day.
giving health care and paying salary
Answer:
Balance
Explanation:
Balancing of registers is an important book-keeping practice. When an account is being balanced, the check is used. The check is used to ensure as well as find out the income pre-tax and after tax. It is used to balance books or accounts to make sure that income and expenditure are well registered and to understand the sitution of the account.
Cheers.
Answer:
C) a physical inventory is taken at the end of the period
Explanation:
Under the periodic inventory system, the cost of goods sold is determine at the end of the accounting only after a physical count of the inventory has been made. It requires to physically count the units held in inventory to determine how many were actually sold.
On the other hand, a perpetual inventory system continuously discloses the amount of inventory.
According to the Question,
Loan amount = 300000 - 15000 = 285000
Periodic loan payments are made by
- P = L [r ( 1 + r ) ²n ] / [ ( 1 + r )² n - 1 ]
- r - Rate of interest = 0.065/12
- L - Amount of Loan Taken = 285000
Periodic Payment = 285000 × ( 0.065/12 ) × (1 + ( 0.065 / 12 )² 360) / (1 + ( 0.065 / 12)² 360 - 1 )
= 1801.39
Monthly payment = $ 1801.39
Therefore the Correct Response is Option D
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Correct Question - Suppose You Are Buying Your First Condo For $300,000, And You Will Make A $15,000 Down Payment. You Have Arranged To Finance The Remainder With A 30-Year, Monthly Payment, Amortized Mortgage At A 6.5% Nominal Interest Rate, With The First Payment Due In One Month. What Will Your Monthly Payments Be?
a. $2,215.71
b. $1,459.13
c. $1,369.06
d. $1,801.39
e. $2,179.69