Answer:
1. Limited liability
2. Shareholder
The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.
When an investor purchases shares of a corporation, becomes a shareholder of a corporation. He can then benefit from the growth in the company since he is also the owner of the company.
Answer:
b.direct materials of $47,248
Direct labor=$57,965
Variable Utilities=8,758
Supervisor salaries $14,600
Explanation:
Computation of flexible budget
FLEXIBLE BUDGET
Direct materials
$41,000/10,500*12,100
Direct materials= $47,248
Direct labor=50,300/10500*12100
Direct labor=$57,965
Variable Utilities
=7600/10500*12100
Variable Utilities=8,758
Supervisor salaries $14,600 Fixed cost
Answer:
<u>Using the Harrod-Domar growth equation</u>
Growth rate = Saving rate / Capital output ratio
Growth rate = 0.01 / 3
Growth rate = 0.003
Growth rate = 0.3%
Thus, the value of growth rate is 0.3%
When the incremental capital-output ratio is 3, to achieve the 5% growth rate, the gross saving rate is 0.24 or 24%
Exogenous growth: When the labor supply is perfectly elastic, then the exogenous does not allow any factor to substitute
Endogenous growth: When the labor supply is perfectly elastic, theem the exogenous does not lead to address the savings decision or sources of productivity growth.
I had to look for the options and here is my answer:
The result of the economic growth in the South Asian boundaries has come about mostly on NEOLIBERAL REFORMS or NEOLIBERALISM. This is also known as the market-oriented type of reform. Hope this helps.
Answer:
C. the interest rate that banks charge each other for overnight loans.
Explanation:
The Fed requires commercial banks to keep some amount of deposits as reserves in their custody. If a bank does not have the required amount for that day, they borrow from banks with excess funds. The duration of this arrangement is usually overnight. The interest rate that applies is the fed funds rate.
The Fed, which is a committee of the FOMC, determines the fed funds rate. The Fed uses the fed funds rate as a monetary policy tool. It adjusts it to drive the economy in the desired direction. Banks base their interest rates on the fed funds rate.