Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.
Explanation:
Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.
It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.
Solution:
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.
x + y = 180000 --equation 1
0.09x + 0.13y = 18000 --equation 2
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,
0.09x + 0.09y = 16200 -equation 3
0.09x + 0.13y = 18000 --equation4
Subtracting equation 4 from 3,
-0.04y = -1800
y = 45000
Now putting value of y in equation 1,
x + 45000 = 180000
x = 135000
The amount to be invested in scheme which yields 9% = $135,000
The amount to be invested in scheme which yields 13% = $45,000
<u>Answer:</u>
a.$7,175,000
b.$3,655,000
c.$2,825,000
<u>Explanation:</u>
a.Calculation of Cost of Goods Sold
COGS= Sales - Gross profit
=12375000-5200000
=$7,175,000
Cost of Goods Sold for Creston Inc is $7,175,000
b. Calculation of direct materials cost
Direct Material Cost = Materials purchased - Indirect materials - Materials inventory
=4125000-180000-290000
=$3,655,000
Direct materials cost is $3,655,000
c. Calculation of direct labor cost
Direct labor cost= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)
=7880000-3655000-1400000
=$2825000
Direct labor cost is $2,825,000
Answer:
A. Money left over after taxes are paid - Disposable income
B. Quantity theory of money helps explain the shape of this - Real
C. Part of GDP s definition that captures the quality of goods and services - Market Value
D. Caused by a fall in the money supply - Final
E. Part of GDP s definition that means you exclude used goods and services - Real
F. Sticky prices/wages justifies its shape - Final
G. Part of GDP s definition that means you exclude intermediary goods and services - Market Value
H. Used to make loans - Excess reserves
I. Used to cover withdraws - Disposable income
J. Interest rates are at their lower bound - Real
K. Represents the economy s fundamentals, such as population, capital, and technology - LRAS
L. Adjusted for inflation Final
M. Caused by a collapse of the stock market - Market Value
Explanation:
Long run aggregate supply is adjusted based on the products produced in the country. The supply rate is also adjusted based on demand factor. GDP is the monetary value of all goods and services produced in the country during a certain period.
