Answer:
community
Explanation:
the only word I can think of is community I hope that helps slightly
They both establish a market price. It is the price that the consumers pay to willing producers. It is defined by the law of supply and demand. The higher the consumer demand the higher the price set by the producers.
Usually, the market price is at the Equilibrium Market Price made with the interaction of the supply and demand.
Answer:
The answer is B.
Explanation:
Contractionary monetary policy is a policy adopted by Central banks when the economy is heating up i.e when the economy is moving faster than it can withstand. So this is used to slow down the economy.
There is always a higher inflation and money supply is high when the economy is heating up.
So to contract or slow down the economy, the central banks increase the interest rate, this increase in interest rate discourages borrowing from households, businesses and even commercial banks and when there is a low demand for borrowed fund, money supply (total quantity of money in circulation) decreases.
Answer:
COGS = $2,525,000
$375,000
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
COGS = (80,000 X $30) + (5000 X $25) = $2,525,000
Ending inventory would comprise of jan. 1 inventory less 5000
15000 x 25 = 375000
Answer:
10.24%
Explanation:
The computation of the firm an annual interest is shown below:
= {(1 + annual interest rate) × (1 + inflation rate) - 1}
= {(1 + 6%) × (1 + 4%) - 1}
= (1.06 × 1.04) - 1
= 1.1024 - 1
= 10.24%
All other information which is given is not relevant. Hence, ignored it
We simply multiply the annual interest rate and the rate of inflation and than subtract it by 1 so that the accurate annual interest rate can come.
