Despite having the highest overall GDP, the US ranks fifth for productivity when considering the GDP per hour worked. What contributes to this discrepancy?

1. Understanding opportunity costYou work as an assistant coach on the university swim team and earn $15 per hour. One day, you decide to skip the hour-long practice and go to the county fair instead, which has an admission fee of $9.

A commercial bank has $100 million in checkable-deposit liabilities and $12 million in actual reserves. The required reserve ratio is 10 percent. How big are the bank's excess reserves? LO33.2a.$100 million. b.$88 million. c.$12 million. d.

What are the benefits of researching different career clusters and pathways before choosing a career?

Han Corp's sales last year were $440,000, and its year-end receivables were $52,500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30.

Sheffield Corp. prepared a 2019 budget for 105000 units of product. Actual production in 2019 was 115000 units.

Chase Toys produces toys for dogs. The following information was available for the month ended November 30, 2013 (assume no beginning or ending raw materials inventory): Sales Revenue $ 106,500 Direct materials used 32,000 Direct Labor 16,000

Tano issues bonds with a par value of $180,000 on January 1, 2016. The bonds' annual contract rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years.

How does the economy of ancient Rome compare to today's modern economy?

Suppose that the u. s. government decides to charge beer producers a tax. before the tax, 40 billion cases of beer were sold every year at a price of $7 per case.

Jenna owns a film production company that produces television commercials and short documentaries. she has only a few permanent employees but hires temporary crew members such as lighting specialists, camera operators, and set designers as needed to