Answer:
B
Explanation:
The capital market serves as an intermediator between households and firms. In a classic economic model, households are owners of capital resources, but firms need these resources to operate. Then, the capital market allows that households rent their capital resources to firms and firms pay them back. It is a beneficial allocation of resources for households and for firms.
Answer:
The Annual Growth Rate of the country's real GDP per capita during these 10 years is 7.18%.
Explanation:
The formula that is used to calculate Annual Growth Rate over a number of years is given below:
{ [ (New Value / Old Value) ^ (1 / n) ] - 1 } * 100
where
New Value = 18,000
Old Value = 9,000
n = Number of Years: In this case. 2000 - 1990 = 10 years.
Answer:
nothing will be deducted from the capital lose
nothing will be carried over
Explanation:
Answer:
$750 Unfavorable
Explanation:
The calculation of variable overhead efficiency variance is shown below:-
Variable overhead efficiency variance = (Actual direct labor hours - Standard hours allowed) × (Variable factory overhead ÷ Factory overhead rate)
= (10,000 hours - 9,500 hours) × ($18000 ÷ 12000)
= 500 hours × $1.5
= $750 Unfavorable
Therefore for computing the variable overhead efficiency variance we simply applied the above formula.