How would you describe the savings rate in america compared with other industrialized countries?

1 answer:

6 0

United States’ savings rate is only around 10%, much lower than any other countries. There's some reasoning behind it. In fact, countries with the highest savings rates weren’t necessarily the countries with the highest GDPs. GDP os US is $56,300 per capita but their household savings rate of just 4.9%. Also, in Hungary their GDP is $26,000 while their savings rate of 9.0%. This implies that the money they have isn't place on one nest only or put to savings, rather allocated to a much more important sectors. We should not forget taking into account their purchasing power parity, the rate a currency would have to be converted into another to buy the same amount of goods and services of the country.

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Beginning inventory for the month contained 3,000 units that were 35% complete with respect to materials. 57,000 units were comp

notka56 [123]

Answer: 57,550 units

Explanation:

When using the weighted average method, the units completed and transferred out are assumed to include the opening inventory.

The weighted average equivalent units are therefore:

= Units completed and transferred out + Equivalent ending units

= 57,000 + (10% * 5,500)

= 57,000 + 550

= 57,550 units

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Which two methods are used most often when establishing a transfer price??

SashulF [63]

Cost-based transfer pricing and market-based transfer pricing are the methods that usually used in establishing a transfer price.

The cost-based pricing is used determine the price of the product by the method of calculation. It is the best way the company can maximize profit.

The market-based pricing it when the company will look for the other product with similar price and evaluate it.

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20% of students in a class go to professor during office hours. of those who go 30% seek minor clarification. 70% seek major cla

aksik [14]

a. The probability that a student goes to seek for minor clarification from the professor during office hours = 6%.

b. The probability that a student goes to the professor for major clarification = 14%.

Data and Calculations:

Percentage of students in the class who go to the professor to seek clarifications = 20% (a)

Percentage of students in the class who do not go to the professor to seek clarifications = 80% (100% - 20%) (b)

Percentage of (a) who seek minor clarification = 30%

Percentage of (a) who seek major clarification = 70%

Probability of (a) seeking minor clarification = 6% (20% x 30%)

Probability of (a) seeking major clarification = 14% (20% x 70%)

Thus, the probability of students seeking minor clarification is 6% while the probability of students seeking major clarification is 14%.

Learn more about probability at brainly.com/question/13604758

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What do you understand from the term, ‘monopoly’. Give an example of a government-created monopoly. Is creating this monopoly ne

hodyreva [135]

Answer:

A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)

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Which of the following is an advantage of a sole proprietorship?

tigry1 [53]

He control his profits en his expenditure without interference

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