Answer:
This would make the rubble more attractive than the euro when investing.
Explanation: The effects of this increase in interest rate, is it would make it more expensive when planning on borrowing money in Russia. Which would make the rubble more attractive than the euro from an investors or investment part, as more money can be made when euro is converted back to rubble. This would help drive up the cost of rubble.
Answer:
It is true because the mayor will be able to divide successfully the burden of the tax equally if the demand for labor and supply of labor are similarly elastic.
<u>Explanation:</u>
If the labor demand curve is elastic, a little reduction in the compensation will be adequate to build the amount of labor requested to assimilate the expanded inventory. In either case, the harmony will be reestablished with a little change in the pay.
The extent of the impact of welfare change on wages and labor is profoundly subject to the versatility of work requests and work supply. The effect of the versatility of work request and work supply on the rate change in wages and business can be gotten by separating different elasticity's
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Answer:
Production= 19,500
Explanation:
Giving the following information:
Ending finished goods inventory of 1,750 units
Beginning finished goods inventory of 1,250 units.
Sales= 19,000
<u>To calculate production, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 19,000 + 1,750 - 1,250
Production= 19,500
Answer:
$2,925 Unfavorable
Explanation:
The computation of direct labor rate variance is shown below:-
Actual rate = Direct labor cost ÷ Actual direct labor hours
= $5,250 ÷ 150
= 35
Direct labor rate variance = (Selling rate - Actual rate) × Actual hours rate
= ($15.50 - 35) × 150
= -$19.5 × 150
= $2,925 Unfavorable
Therefore for computing the direct labor rate variance we simply applied the above formula.
Answer:
XX is 48000
Explanation:
The use of Microsoft excel is essential for this.
Consider that the principal is XX
and time for repayment is 10 years
Simple Interest = (Principal*Rate*Time)/100
If the 1st year interest = 3600
Then Principal = (3600*100)/rate
And rate can be calculated as (3600*100)/principal
But in this case, since we are dealing with percentage in rate, say
rate = 3600/principal
The rate will be equal to 7.5%
If rate is 7.5%
Then Principal = (3600*100)/7.5
Principal XX = 48000