Answer:
224 units of output per dollar of input
Explanation:
The computation is shown below:
Productivity measures = (Total units produced) ÷ (Total labor cost + Total equipment cost)
where,
Total units produced is
= 70,000 × 52 weeks in a year × 4 years
= $14,560,000
Total units produced
= $13,000 × 4 years
= $52,000
And, the cost of equipment is $13,000
So, the productivity measures is
= ($14,560,000) ÷ ($52,000 + $13,000)
= 224 units of output per dollar of input
Goods, services and money all flow in one direction since money pays for the goods and services is not true according to the circular flow of income and output.
<h3>What are the four circular flows of income?</h3>
The circular flow model illustrates the continuous transfer of money from producers to households and back again. Money goes in an economy from producers to workers as wages, then back from workers to producers when they spend their money on goods and services.
Households, businesses, the government, and foreign sectors make up the cyclic flow of revenue in a four-sector economy. The interaction between many economic stakeholders is thus provided through the circular flow of income. o International trade plays a significant part in the four-sector model's open economy. o The capital market mobilizes savings and borrowing from companies, governments, and households.
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I was taking the test and tried to look it up. It showed two answers so I guessed with the two answer I had and it was wrong so it’s got to be D
Answer:
the size of M1 can only be a fraction of checkable deposits.
Explanation:
fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.
M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.
Answer: It can lead to dysfunctional decision making.
Explanation:
It may lead to a dysfunctional decision making. For example, a division with a current ROI of 30% will not wish to accept a project that offers a ROI of 25%, because it would dilute the current figure it has. However, the 25% ROI may be able to meet or exceed the company’s target.
Return on investment (ROI) increases with the asset age if the net book value (NBV) is used, thereby giving managers incentive to hang on to possibly obsolescent and inefficient machines. It may also encourage the manipulation of the profit and the capital employed figures to improve results, e.g to obtain a bonus payment. The use of different accounting policies can lead to confusion in comparisons e.g. depreciation policy.