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2 years ago

if, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will

Business

1 answer:

ohaa [14]2 years ago

3 0

Answer:

Explanation:

If, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will: rise, causing households and businesses to hold less money. Other things equal, if the supply of money is reduced: bond prices will fall because interest rates will rise.

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On January 15, the end of the first biweekly pay period of the year, North Company’s payroll register showed that its employees

mojhsa [17]

Answer:

Cr. FICA- Social security taxes payable: 2,480

Cr. FICA- Medicare taxes payable: 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Explanation:

Journal entry

Dr. Sales salaries expense: 40,000

Cr. FICA- Social security taxes payable: (40,000×6.2%) 2,480

Cr. FICA- Medicare taxes payable: (40,000×1.45%) 508

Cr. fed. inc. taxes payable: 2,000

Cr. Employment medical insurance payable: 1,108

Cr. Employee union dues payable: 240

Cr. Salaries Payable: 33,664

Salaries Payable

2,480+508+2,000+1,108+240=6,336

40,000-6,336= 33,664

4 0

3 years ago

A new shop wants to sell Muffins, the sell price is 2.5 dollars per unit. The cost for production is 1 dollar per unit. At the f

FromTheMoon [43]

Answer:

The price went from 2.50 dollar per unit to 1.25

And quantity sold of first hand muffin increase from 500 to 1,600

Explanation:

First day:

We build the equation and solve considering:

a= first hand muffin sold at 2.5 dollar

b = left-over sold at 0.5 dollar

considering the shop made 2,000 muffin and the cost is 1 dollar per muffin:

quantities equation: a + b = 2,000

price equation: 2.5a + 0.5b = 2,000

2.5(2,000 - b) + 0.5b = 2,000

5,000 - 2.5b + 0.5b = 2,000

3,000/2 = b = 1,500

a = 2,000 - b = 2,000 - 1,500 = 500

It sale 500 dollar of muffin at 2.5 and 1,500 at 0.5 getting a total of 2,000 revenue to cover the cost.

Second day:

There is a decrease in price to 1.25 per muffin

This generates a profit of 400 dollar thus:

(sales price less cost) x quantity = profit

(1.25 - 1) x a = 400

a = 400/0.25 = 1,600

6 0

2 years ago

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe

lorasvet [3.4K]

Global strategy & transnational strategy

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3 years ago

Which of the following would be considered an example of rent seeking? A. lobbyists securing spending policies that benefit thei

maks197457 [2]

I think the correct answer would be politicians trading favors that do not benefit the mass populace of voters. Rent seeking is a practice that involves the use of public policy in order to get benefit from it like increasing their benefits in the expense of other. This oftentimes done by a number of politicians.

4 0

3 years ago

Think of a product that you purchased within the past 6 months

dalvyx [7]

Answer:

Product purchased: a purse

How did you recognize that you needed the product?

Through a need for more space to carry personal items to work.

Where or how do you look for information about alternative products that meet this need (product)?

Buying online is one of the facilities made possible by new technologies, which allows us to choose the product that meets our desires and needs without having to go to a physical store, in addition to the possibility of comparing prices and getting special discounts.

What alternatives did the research process generate and what variables did you use to make the final purchase decision?

The alternatives found were fast fashion sites that offered a bag of the ideal size, with the expected quality and defined average price.

Where did you buy the product and why?

I bought the product at Zara, which is a top quality fashion department store that would meet all requirements and needs with the purchase.

Were you satisfied after using or consuming the product? Explain.

Yes, because the benefits added to the product met my needs and desires.

There are 5 categories of influences as described in your text: economic, psychological. social, culture and ethnicity, purchasing situation. Which one(s) do you think had the greatest effect on your purchase decision? Please explain.

The item that had the most effect on the purchase decision was the psychological and economic item, as the choice of the product was made due to a need for work, but whose purchase decision process took into account factors such as brand, quality and the price of the product.

6 0

2 years ago