When an economy is at long-run equilibrium it means the employment rate is equivalent to the natural employment rate, the actual price level being equal to the objected or anticipated price level and the GDP is at the potential output. Therefore, an increase in consumer expenditure will cause an increase in the price level but will have no effect of the GDP in the long run. The demand curve will shift rightward and increase the out put in the long run.
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Answer:
C) pension plan assets at fair value exceed the projected benefit obligation.
Explanation:
Pension plan assets include the cash and all the investments in securities (stocks, bonds, etc.) that your plan will use to pay for future benefits once you retire. If the investments gained a lot of value (specially the stocks), their fair market value might be higher than the projected future obligations. This means that your plan has more than enough money to cover your benefits once you retire.
Answer:
CC100 has $31.25 per hour
CC11O has $250 per hour
CC120 has $62.5 per hour
CC190 has $62.5 per hour
Explanation:
The IDC rate for each department would be the department IDC allocated divided by operating hours as shown below:
CC100
IDC rate=$25,000/800=$31.25 per hour
CC110
IDC rate=$50,000/200=$250 per hour
CC120
IDC rate=$75,000/1200=$62.5 per hour
CC190
IDC rate=$100,000/1600=$62.5 per hour
Judging from the IDC rates of the departments,department CCC110 seems to have the highest IDC rate per hour,which implies that each hour is charged with $250 against the CC100 where each operating hours is just $31.25.
The higher the IDC rate in a department the higher the cost of the output of that department since the cost has to be recovered from output.
A credit union is a non-profit financial intermediary.