Other Things the Same,an Increase in the U

question 69

Multiple Choice

Other things the same,an increase in the U.S.interest rate causes the quantity of loanable funds supplied to

• A)rise because net capital outflow and domestic investment rise.
• B)rise because national saving rises.
• C)fall because net capital outflow and domestic investment rise.
• D)fall because national saving falls.

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Definitions:

Manufacturing Overhead Costs

Indirect costs related to manufacturing, including costs associated with operating the factory outside of direct materials and labor.

Machine-Hours

The total operational hours of machinery used in the production process, often used as a basis for allocating manufacturing overhead costs.

Direct Labor-Hours

The total hours worked by employees that can be directly attributed to the production of a specific good or service.

Manufacturing Overhead

Indirect costs related to manufacturing, not including direct materials or direct labor.