Specialization increases the productivity of a nation's resources and allows for larger total output.
Answer:
d. (Depreciable cost Estimated output) × Actual yearly output
Explanation:
<em>Units of Output depreciation = Cost - Residual Value × Period`s Production / Total Expected Production.</em>
Note : Depreciation is dependable on depreciable cost (Cost less Residual Value)
The Option that is close to this formula is d.
Answer: Cash/Bank
Explanation:
The fund is moved from cash or Bank to the petty cash.
Answer: b) Investment demand had been greater than savings
Explanation:
Investment in the economy comes from savings by households also known as Loanable funds. If investment demand is higher than the savings supply this demand will pull the interest rate up due to a lack of loanable funds.
As the interest rates are pulled up, more people will be encouraged to save their money in other to benefit from the higher interest rates thereby increasing the loanable funds in the market.
A traditional economy is<span> an original economic system where traditions, customs, and beliefs shape the goods and services the economy produces, and also the the rules and manner of their distribution.</span>
