Answer:
The correct answer is the well-being of each person in an economy.
Explanation:
Also known as the "Standard of living", this is something that cannot be reflected from the per capital income, whether it's nominal or real. The reason is when you divide the GDP from the population, the assumption is all the GDP is distributed among the population equally.
But this is not the case in the real world and there are many variances, discrimination, discrepancies and inequalities when the wealth and resources are distributed.
Answer:
A production combination outside of the PPF is unattainable by the economy with the given resources and technology.
This represents the Concept of scarcity in economics.
If the economy wishes to achieve the production point outside the frontier, they will have to enhance the production possibility capacity by introducing new technology or finding new resources.
Explanation:
The equal opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission by
- issuing guidelines for employer conduct.
- mandating specific record keeping procedures.
<h3>What is the Equal Employment Opportunity Act?</h3>
This is the act of the government that helps to ensure that all employers treat people of the US in all befitting ways regardless of their genders, race and skin.
The act talked against discrimination, it upheld compensation and the work condition of employees.
Read more on Equal Employment Opportunity Act brainly.com/question/14774625
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Answer:
See explanations below.
Explanation:
1. Yes. Overhead should be applied to job W at year-end. Overhead is applied to every jobs whether or not they are completed at year end.
b. To calculate the amount of overhead to be applied to job W, we need to calculate first the overhead application rate based on direct labor cost through job V.
Direct labor cost. $8,000
Overhead applied $6,000
Overhead rate = [ Overhead applied / Direct labor cost ] × 100
= [6,000/8,000] × 100
= 75%
Overhead to be applied to job W
Direct labor cost $4,000
Overhead rate 75%
Overhead to be applied = $3,000
It therefore means that $3,000 should be applied to job W.
2. Because job W was not completed at the year end, it would then be included in the work in process inventory in the financial statements of Sigma Corporation at year end.
Answer:
C. both liquid and a store of value.
Explanation:
Treasury Bonds are fixed interest long term government debt instrument issued by the government through the monetary authorities (Federal Reserve or Central Bank) to raise fund from the public. Treasury bond has a maturity of between 10 and 30 years.
Treasury bonds is one of the most liquid financial instrument in the world as it can be turned to cash within a day.
The T-Bond, as treasury bonds is often called is a good store of value as it pays interest and the principal is backed by a legal contract.
