False.
If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD.
An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.
<h2>Option 2: Social Media Manager</h2>
Explanation:
Option 1: Computer software company in need of a PC support specialist is an invalid choice because they normally deals with troubleshooting hardware and software. This role is not related to graphic design program.
Option 2: This is the right answer because, social media manager is closely associated with graphic design. So Vidya may pick up this job.
Option 3: Network engineer is not suitable for Vidhya, as this job deals with connecting computers.
Option 4: A technician role plays more with cables and this option too not related to the field of Vidhya.
Answer:
b. $965,000
Explanation:
Calculation of Cost of Goods Manufactured
Particulars Amount
Direct material used $265,000
Direct labor $300,000
Factory overhead <u>$400,000</u>
Total manufacturing cost <u>$965,000</u>
The US dollar savings will flow into Japan and put appreciation pressure on the Japanese Yen, resulting in a number of policy choices for Japan: 1, the Japanese central bank will interface the exchange rate between US dollar and Japanese Yen by buying and hoarding US dollars ; 2, the Japanese interest rate will also fall to counter the pressure of currency appreciation; 3, the Japanese central bank could increase monetary supply to deliberately increase inflation pressure.
<span>Suppose you have $100 in a savings account earning 2 percent interest a year. ... True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.</span>