From 1980 to 1987,U

question 61

Multiple Choice

From 1980 to 1987,U.S.net capital outflows decreased.According to the open-economy macroeconomic model,which of the following could have caused this?

• A)an increase in the demand for U.S.currency in the market for foreign-currency exchange
• B)a decrease in the demand for U.S.currency in the market for foreign-currency exchange
• C)an increase in the supply of loanable funds
• D)a decrease in the supply of loanable funds

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Definitions:

Activity-Based Costing

An accounting technique that tags and apportions the costs of organizational activities to every product and service in line with their real consumption.

Activity Rate

The predetermined rate used to allocate overhead costs to products or services based on a specific activity measure, such as machine-hours or labor-hours.

Labor-Related Activity

Activities or tasks that directly involve or are associated with the workforce's efforts in the production process or service delivery.

Traditional Costing Method

A costing method that allocates overhead costs to products based on a predetermined rate, usually associated with direct labor hours or machine hours.