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Harman [31]
3 years ago
9

The interest rate does not affect the intertemporal budget constraint. a. True b. False

Business
1 answer:
Kruka [31]3 years ago
6 0

Answer:

False

Explanation:

The correct answer is false because the interest rate does affect the intertemporal budget constraint.

A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.

The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.

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A company had a beginning balance in retained earnings of $44,800. It had net income of $7,800 and declared and paid cash divide
Olenka [21]

Answer:

$46,525

Explanation:

Formula for ending retained earnings is as follows;

<em>Ending retained earnings = Beginning retained earnings + Net income -  cash dividend</em>

Beg. RE = 44,800

Net income = 7,800

Cash dividends = 6,075

Plug in the values to the above formula;

Ending retained earnings = 44,800 + 7,800 - 6.075

Ending RE  balance would be = $46,525

7 0
3 years ago
Coronado Industries wants to sell a sufficient quantity of products to earn a profit of $250000. If the unit sales price is $9,
lyudmila [28]

Answer:

Break-even point in units= 450,000 units

Explanation:

Giving the following information:

Desired profit= $250,000

Sales price is $9

Unitary variable cost= $8

Total fixed costs are $200000

To determine the number of units required, we need to use the break-even point formula, including the desired profit.

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (200,000 + 250,000) / ( 9 - 8)

Break-even point in units= 450,000 units

6 0
3 years ago
What two health risk behaviors were singled out in the text as being related to an unstable employment history and shorter durat
IrinaVladis [17]
<span><span>- Physical inactivity and stress. </span>

- </span>Smoking and alcohol consumption.

5 0
3 years ago
Energy Surplus makes low-cost energy drinks, and they wanted to monitor their caffeine content (mg) per bottle. They observed th
melisa1 [442]

Answer:

In control

Explanation:

Mean of bottle 1=(34.96+34.17+34.93+34.17+34.28)/5=34.502

Mean of bottle 2=(35.22+33.64+33.87+33.74+35.37)/5=34.368

Mean of bottle 3=(35.51+32.74+34.49+36.60+36.54)/5=35.18

X double bar=(34.502+34.368+35.176)/3=34.68

7 0
3 years ago
Alva Nunez is a punch press operator for Drummond Machine Company. She earns
grandymaker [24]
310(1.1) will give her pay
8 0
2 years ago
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