Answer: The fed can reduce they money supply by increasing the discount rate.
Explanation: If the Federal Reserve wants to shift to a more restrictive monetary policy and reduce the money supply they can increase the discount rate. The discount rate is the rate that the fed charges commercial banks to borrow money when they need to add to their reserves. If the fed charge a higher rate, then the commercial bank will in turn charge a higher rate. This higher rate will lead to less money being borrowed, which is reducing the money supply.
Answer:
4.0
Explanation:
Degree of operating leverage = Contribution Margin / Income
Degree of operating leverage = 4000,000/1000,000
Degree of operating leverage = 4 times
If the sales are Increased by the X% then the income will be increased by the 4.0*X%.
Answer:
The correct answer is letter "A": Jeffrey will be solely responsible for making payments for his Social Security (FICA).
Explanation:
Independent contractors act like third party services working for an entity to render services for specific jobs. Independent contractors are not employees of the company who hires them for the job which implies the independent contractors are fully responsible for the payment of their own Social Security and Medicare taxes.
Answer:
The overview of the given statement is described in the explanation segment below.
Explanation:
<u>Monopoly Market:
</u>
-
The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
- Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).
<u>Perfectly Competitive Market:
</u>
- The price shall be calculated whenever market forces are equivalent.
- The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.
Thus,
⇒ 
Hence,
⇒ 
Answer:
$14,500 unfavorable variance
Explanation:
the direct labor cost variance is calculated with the following formula:
direct labor variance = total actual labor hours x (actual labor cost per hour - standard cost per hour)
direct labor variance = 1,000 hours x ($48.15 - $34) = $14,500 unfavorable variance
The variance is unfavorable because the actual labor cost is much higher than the estimated labor cost.
