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brilliants [131]
4 years ago
6

In the short run, a decrease in the money supply causes output to? A. Increase B. Decrease C. Not change D. Increase or not chan

ge
Business
1 answer:
Amiraneli [1.4K]4 years ago
7 0
The Answer will be: (A) Increase 

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Paying off the full balance.

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3 years ago
Sawyer Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
krok68 [10]

Answer:

d. underapplied by $ 3,000

Explanation:

Computation of predetermined overhead rate based on direct labor hours

Estimated Overhead Cost                                      $      330,000

Estimated Direct Labor Costs                                          55,000 hours

Predetermined Overhead rate ( $ 330,000/ 55,000)  $ 6 per labor hour  

Total applied overhead   =   Actual Direct Labor hours times Overhead rate

57,000 hours * $ 6 per hour                                  $ 342,000

Actual manufacturing overhead                            <u>$ 345,000</u>

Under applied overhead                                        $(    3,000)

3 0
3 years ago
The substitution effect: a) predicts that taxpayers will work harder to pay for consumer products when tax rates increase. b) is
pychu [463]

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Option E. None of the choices are correct.

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The substitution effect arises purely out of the need for consumers to be frugal. If a producer raises the price of their commodities, some consumers will opt for a cheaper alternative. For example, if beef prices go up, many consumers will switch to chicken.

A manufacturer can also experience the substitution effect when faced with a price hike for an essential raw material needed for production, he/she may switch to cheaper resources.

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Answer:

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Explanation:

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