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3 years ago

Which statement best describes the circular flow of an economy?

Business

1 answer:

mariarad [96]3 years ago

7 0

Answer:

The exchange of money, goods, and services in an economy is the correct answer.

Explanation:

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Suppose the money market, drawn with the value of money on the vertical axis, is in equilibrium. If the money supply increases,

belka [17]

Answer: excess supply of money that will result in an increase in spending

Explanation:

The money market refers to the total amount of money that's in circulation in an economy at a particular time.

If the money supply increases, this implies that there'll be more money available for the people in the economy to spend. This ultimately leads to the increase in the demand for goods and services in an economy.

Therefore, the correct option will be "excess supply of money that will result in an increase in spending".

8 0

3 years ago

The standard direct labor cost per unit for a company was $30 (= $20 per hour × 1.5 hours per unit). During the period, actual d

Bad White [126]

Answer:

Labor Price Variance = 3,700 F

Labor Efficiency variance = $37,000 U

Explanation:

Labor Price Variance = (Standard Rate - Actual Rate) $\times$ Actual Hours

Standard Rate Given = $20 per hour

Actual Cost = $198,300

Standard Rate $\times$ Actual Hours = $20 $\times$ 10,100 hours = $202,000

Labor Price Variance = $202,000 - $198,300 = 3,700 Favorable

Labor efficiency Variance = (Standard Hours - Actual Hours) $\times$ Standard Rate

Standard Hours for Actual Output = 5,500 $\times$ 1.5 = 8,250 hours

Actual Hours = 10,100 hours

Standard Rate = $20 per hour

Labor Efficiency variance = (8,250 - 10,100) $\times$ $20 = - $37,000 Unfavorable as the amount is negative.

Final Answer

Labor Price Variance = 3,700 F

Labor Efficiency variance = $37,000 U

8 0

4 years ago

For an institutional investor to qualify as a "QIB" under Rule 144A, the institution must have at least: A $1,000,000 of assets

True [87]

Answer:

C) $100,000,000 of assets that it invests on a discretionary basis

Explanation:

For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:

manage at least $100 million worth of securities
the securities must come from issuers that are not affiliated with the institutional investor

In case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.

6 0

4 years ago

ouvenir sheets to stamp collectors. The postal service purchases the souvenir sheets from a supplier for $1.80 each. St. Vincent

alekssr [168]

Answer:

Total contribution margin= $1,220,000

Explanation:

Giving the following information:

Purchase price= $1.8

Selling price= $14

Number of untis= 100,000

<u>First, we will determine the unitary contribution margin:</u>

Unitary contribution margin= selling price - unitary variable cost

Unitary contribution margin= 14 - 1.8

Unitary contribution margin= $12.2

<u>Now, the total contribution margin:</u>

Total contribution margin= 100,000*12.2

Total contribution margin= $1,220,000

7 0

3 years ago

Can I have your opinion or idea on a creative, innovative, environmental friendly product or service that I can do for my busine

julia-pushkina [17]

Answer:

Biodegradable plastic would be a good one!

8 0

3 years ago