Answer:
Explanation:
The preparation of ta static budget report for the second quarter is shown below:
CROIX COMPANY
Sales Budget Report
For the Quarter Ended June 30, 2017
Second Quarter Year to date
Product Line Budget Actual Difference Budget Actual Difference
New Guitar $383,500 $387,400 $3,900 $700,200 $690,500 $9,700
Favorable Unfavorable
The year to date balances are computed below:
For Budget:
= $383,500 + $316,700
= $700,200
For Actual:
= $387,400 + $690,500
= 690,500
Answer:
B. the reduction in economic surplus resulting from a market not being in competitive equilibrium.
Explanation:
Deadweight loss is inefficency in the market that occurs when demand and supply aren't in equilibrium. As a result of this inefficiency consumer and producer surplus falls.
Answer:
- A public in-state college charges less for in-state tuition than for out-of-state tuition.
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Tara will most likely have to pay room and board expenses at an out-of-state public college, but might be able to commute to a public college in state.
Explanation:
If Tara wants to study out of state she could face higher tuition costs; public universities generally favor their residents with lower tuition costs, contrary to the charge for students who comes from other states.
Also, if she wants to study outside the state, Tara would have to analyze the costs of a residence and food that she will have to cover if she studies outside the state. On the contrary, if she studies in the state she could live with her family and only cover the transportation costs.
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The relationship between risk and expected return serves to allocate capital in a market. Investors want to maximize return for a given level of risk, so capital flows to its most efficient use.
There is a positive correlation between the level of risk taken and the level of return expected. The greater the risk, the greater the expected return and the greater the likelihood of suffering a large loss.
The relationship between risk and expected return is called the risk-return relationship. This is a positive relationship because the more risk you take, the higher the required return that most people demand. Risk aversion describes a positive risk-reward ratio.
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When a nation pegs its exchange rate, it may occasionally find itself in economic circumstances where it would prefer to implement an expansionary monetary policy to combat the recession, but it is unable to do so since doing so would lead the nation's currency to decline and sever its hard peg.
<h3>
Is expansionary monetary policy helpful in fighting recessions?</h3>
Increasing government spending or lowering taxes are two ways that expansionary fiscal policy raises the amount of overall demand. The best time to implement an expansionary fiscal policy is when an economy is in a slump and producing less GDP than it could.
<h3>
What is the effect of expansionary monetary policy on the economy?</h3>
A monetary policy that is expansionary causes an economy's interest rates to rise. A monetary policy that is expansionary causes investment in an economy to decrease. An expansive monetary policy causes the aggregate demand curve to shift to the left.
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