<span>The price level would be lower than would otherwise have occurred.
Since the economy is a inflation gap </span><span>input prices will eventually increase in the
absence of any fiscal policy, causing the price level to rise and output to fall back to potential
output. The contractionary fiscal policy will reduce aggregate demand and lower output to
potential output while at the same time lowering the price level. Thus the only difference
<span>between the two is a lower price level with the contractionary fiscal policy.</span></span>
Answer:
b) Considered to be a direct variable cost
Explanation:
Direct costs are expenditures that can be traced to a specific product, project, or service. It is a cost component that arises due to the production of a particular good or service as opposed to a general expense. Direct costs contrast indirect cost that covers a variety of items, such as administration.
Variable costs are the expenses that change with production volume. An increase in production leads to an increase in variable costs. Variable costs, therefore, have a direct relationship with the output level.
Belts, in this case, are a direct variable cost because
- The belt expense is traceable directly to the production of cars. It is a cost incurred only when a car is being produced.
- The cost varies with the number of cars produced. The expenses will change with changes in the production of cars.
Answer:
Carter's preferred stock nominal annual expected rate of return is 8.12%.
Explanation:
Nominal annual expected rate of return of a preferred stock can be described as the current or unadjusted rate of return of the stock.
The nominal annual expected rate of return can be calculated as follows:
Nominal annual expected rate of return = Annual preferred stock dividend per share / Preferred stock price ............. (1)
Where;
Annual preferred stock dividend per share = Dividend per quarter * 4 = $1.40 * 4 = $5.60
Preferred stock price = $69.00
Substituting the values into equation (1), we have:
Nominal annual expected rate of return = $5.60 / $69.00 = 0.0812, or 8.12%
Therefore, Carter's preferred stock nominal annual expected rate of return is 8.12%.
Answer: E) functional strategy
Explanation:Functional strategies are operational strategies. They are short-term goal-directed decisions and actions of the organization's various functional areas.
The role of functional strategy is to work together to achieve business and corporate strategies. They are where competitive and corporate strategies get implemented.
Answer:
One
Explanation:
Installation of the program is the single performance obligation because there nothing more than this obligation the Able company is providing them. If they were providing this facility to the customer's subsidiary as well then the performance obligation would be 2 because the two companies were here to given product access by installation. So in the given scenario there is only one performance obligation.
