Answer:
Barter system
Explanation:
Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.
these type of system is used in society from centuries and long time back before money was introduced.
Answer:
employment increases and a given amount of employment produced more real GDP.
Explanation:
Labor productivity is the measurement of the hourly output of a country's economy. This tells us the amount of GDP that is produced by an hour of labor. On the other hand, GDP (Gross Domestic Product) is the monetary value of all goods and services within a country in a specific period of time. Therefore, when we have an increase in labor productivity, we also have an increase in potential GDP because employment increases and a given amount of employment produces more real GDP.
Investment manager not getting a steady return on the aggressive growth choice.
<h3>Are funds that invest in aggressive growth a wise choice?</h3>
For investors ready to take on a little bit more risk, aggressive growth funds are recognized in the market as providing above average returns. By investing more heavily in companies they assess as having strong growth prospects, they are likely to beat traditional growth funds.
<h3>Which investing principle comes first?</h3>
The real estate investing 1% rule compares the cost of the investment property to the projected gross income. The monthly rent of a prospective investment must be equal to or greater than 1% of the acquisition price in order for it to pass the 1% rule.
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Answer:
Results are below.
Explanation:
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Direct labor cost:
Predetermined manufacturing overhead rate= 900,000 / 500,000
Predetermined manufacturing overhead rate= $1.8 per direct labor dollar
Direct labor hours:
Predetermined manufacturing overhead rate= 900,000 / 50,000
Predetermined manufacturing overhead rate= $18 per direct labor hour
Machine-hour:
Predetermined manufacturing overhead rate= 900,000 / 100,000
Predetermined manufacturing overhead rate= $9 per machine hour
Identification of an investment option is the first step of the financial evaluation process for capital budgeting.
<h3>What is capital budgeting?</h3>
The term capital budgeting has to do with the fact that a business would decide to undertake certain projects that they consider to be very major.
The first step to doing this is to identify a major investment option for the business.
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