Which statement describes the term economics?

During 2017, Cotte Manufacturing expected Job No. 59 to cost $300,000 of overhead, $500,000 of materials, and $200,000 in labor. Cotte applied overhead based on direct labor cost.

To change the money supply, the Federal Reserve most frequently uses: a) changes in the required reserve ratios. b) changes in the inflation rate. c) changes in the discount rate. d) open-market operations.

On January 1, 2019, Tonika Company issued a five-year, $10,000, 8% bond. The interest is payable annually each December 31. The issue price was $9,611 based on an 9% effective interest rate. Tonika uses the effective-interest amortization method.

Jones Company has Cash of $600, Accounts Receivable of $500, Office Supplies of $100, and a Building with a cost of $50,000. Jones Company owes $300 on Accounts Payable and has Salaries Payable of $200. What is Jones Company's current ratio?

Suppose the market demand curve is perfectly elastic in an increasing-cost industry. If an output tax of t per unit is imposed on all producers of the good, what happens to the market equilibrium outcome?

A U. S. MNC will receive 1 million Indian rupees (INR) in one year. The current spot rate is INR 75 / USD and the one year forward rate is INR 320/USD. The annual interest rate is 5 percent in India and 0 percent in the United States.

What factor determines whether a product satisfies a customer's wants and needs?

What does the reset () command do?

A primary consumer gets energy from a producer. where does the energy go from there? all of the energy is transferred to secondary consumers. all of the energy is used by the primary consumer. all of the energy is released as heat energy.

Financial planning requires preparation. true or false user: a savings account is not generally considered to be like cash. true or false