THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 132

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Let X be a continuous random variable with mean of 1200 and standard deviation of 250.Define the random variable Y as follows: Y = 80 + 0.05X
-What is the mean of Y?

• A)680
• B)330
• C)120
• D)140

Explain the role of consumption, exports, and imports in achieving macroeconomic equilibrium.

Understand the determinants of employment and output according to Keynes.

Illustrate the effects of changes in aggregate demand on the economy.

Describe the psychological and behavioral responses to changes in the price level and interest rates.

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Definitions:

Activity-Based Costing

A method of accounting that recognizes and allocates expenses to overhead operations, before distributing those expenses to the products.

General Factory

Expenses related to the general operation of a manufacturing plant, not directly tied to specific units of production.

Activity-Based Costing

A costing method that assigns costs to products based on the activities needed to produce those products, aiming to provide more accurate product costing.

Activity-Based Costing

A costing methodology that identifies activities in an organization and assigns costs to products and services according to their consumption of those activities.