The rate of inflation is 4.8%.
Given that,
- The CPI of a country in October is given to be 210. In November, the CPI rises to 220.
Based on the above information, the calculation is as follows:
= (220 - 210) ÷( 210)
= 4.8%
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Answer:
500
Explanation:
Cumulative voting allows a minority shareholder to cast a minimum of 100 times 5 equals 500 votes.
This is supposed to give him as much say in the company as other shareholders as he is able to vote.
<u>Determination of type of loan:</u>
In the given case Evelyn has taken out a college loan. She needs to pay $500 every month for two years to repay the loan. It means she has to pay the equal installment for the loan period and the interest amount is already determined by the bank. In other words we can say that there interest rate is already fixed.
A variable-rate loan is a type of loan under which the interest rate changes with the change in the bank rates and it also changes the interest and installment amount.
Hence the Correct option is:
A. a fixed-rate loan
Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.
<h3>
What is Frictional unemployment?</h3>
Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.
In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.
The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.
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Little-known candidates are at a greater disadvantages than ever because state primaries occur in such close succession that it will be extremely difficult for them to gain name recognition and to raise money for the achievement of their political ambition in between contests.
