Answer:
It's Frence.
city of Verdun-sur-Meuse in northeast France
Answer:
c. technological advances
Explanation:
The most effective means of increasing productivity and overcoming economic crisis in the Late Middle Ages came from increasing the efficiency of workers and providing workers with better tools
Answer:
$450,000
Explanation:
Given that,
Direct Labor = $200,000;
Direct Materials = $150,000;
Manufacturing Overhead Costs = $250,000
Therefore, the total amount of conversion cost is the sum total of direct labor cost and manufacturing overhead cost.
Total amount of BG, Inc's conversion costs:
= Direct Labor cost + Manufacturing Overhead Costs
= $200,000 + $250,000
= $450,000
Answer:
Wealth will be redistributed from creditors to debtors
Explanation:
Deflation refers to the general fall in the price level of goods and services when rate of inflation becomes lesser than 0%.
Due to the fall in the price level, goods and services become cheaper, credit providers reduce the quantum of credit provided.
Fall in the prices leads to lower expenditure by the purchasers owing to lower level of confidence and such buyers delay their purchases.
Deflation increases the purchasing power of consumers since at the same level of income, buyers can now buy more compared to previously.
Hence, those who earn fixed pension observe an increase in the value of such pension.
Answer:
The investor will prefer asset U. So the correct answer is option D
Explanation:
To choose between these stocks, we will calculate the coefficient of variation (CV) which is used to assess the risk per unit of expected return. As most people are risk averse, we assume that the investor is risk averse. We will calculate the CV for all three investments and the stock having lowest CV will be selected.
<u>Coefficient of Variation (CV)</u>
Coefficient of Variation = standard deviation / expected return
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Asset Q = 5.5% / 6.5% = 0.846
Asset U = 5.5% / 8.8% = 0.625
Asset B = 6.5% / 8.8% = 0.738
Thus, asset U has the lowest CV and the investor =, being a risk averse, will prefer asset U.
