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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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In the manufacture of 9,400 units of a product, direct materials cost incurred was $174,900, direct labor cost incurred was $109
stiv31 [10]

Answer:

$154,000

Explanation:

Calculation to determine the total conversion cost

Using this formula

Total conversion cost=Direct labor cost incurred

+Applied factory overhead

Let plug in the formula

Total conversion cost =$109,800+$44,200

Total conversion cost=$154,000

Therefore Total conversion cost is $154,000

5 0
3 years ago
Which of the following is true of an opportunity​ cost? A. It is the income foregone by not using a resource in an alternative w
ahrayia [7]

Answer:

A. It is the income foregone by not using a resource in an alternative way.

Explanation:

Opportunity cost is the income foregone by not using a resource in an alternative way.

Opportunity cost is refers to the value of what you have to give up in order to choose something else. It can also be called REAL COST.

It also refers to the value or benefits of something that must be given up in order to acquire another thing.

7 0
4 years ago
Explain why unions play a reduced role in the US economy today.
zlopas [31]

Answer:

I won`t lie, unions are useless. They got everything they need.

Explanation:

There used to working conditions for absolute terrible . Then unions took action, boom done. Now unions is all about money. The leaders get rich off of people who want better pay like 15 bucks to flip a burger. That is just well, sad to be payed 15 an hour to flip burgers at a fast food place meant  for high schoolers. See what I am saying?

4 0
3 years ago
Read 2 more answers
By 1830 home manufacture had declined significantly due to:
taurus [48]

Answer:

E

Explanation:

According to the history of America, by 1830 home manufacture had declined significantly due to increased industrial organization and advances in transportation.

3 0
4 years ago
Suppose the U.S. House of Representatives is debating a bill to fund construction and maintenance for the nation's highway syste
Mekhanik [1.2K]

Answer: The authorization of funds for the museum is an example of an earmark.

Explanation:

Earmarking is the act of setting aside particular fund for a specific purpose.

In the United States, earmarks are directive from the Congress that funds should be allocated and spent on certain projects.

For example, one can say the prime minister has earmarked three billion dollars for the construction of new hospitals. The expenditure on the funding of the public art museum is an earmark.

3 0
3 years ago
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