The prediction that the inflation rate will change is that there will be a right-ward shift of the curve to indicate that inflation is on the increase. Recall that unemployment is depicted on the x -axis, and inflation on the y-axis.
<h3>What is a Phillips curve?</h3>
The Philips curve shows an inverse relationship between unemployment and inflation.
<h3>What will happen if the unemployment rate now rises to 7 percent per year? </h3>
Because the relationship between inflation and unemployment is inverse (that is, all things being equal), if the unemployment rate now rises to 7 percent per year, the inflation rate is sure to fall.
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Answer:
C
Explanation:
An investment can be financed using debt. Investment isn't only financed by retained earnings.
There are a different array of investments available to a firm. The firm would have to choose investments based on its objectives and the most profitable investment based on its NPV, IRR, payback period or profitability index.
There is usually uncertainty about the stream of cash flows from an investment.
A free market is a type of economy which allows the manufacturers and consumers to interact resulting to the relationship between the supply and demand market. This is different from the command market in which the government controls solely. One of the countries with strong free market economy are B. US, UK, HK and Singapore.
Answer:
Total costs: $151.22
Cost per mile: $2.2238
Explanation:
Cost of hiring a truck per day = $45
Added cost per mile will be = $0.79 x 68
The collision waiver costs = $25.00
Diesel fuel costs = $27.50
Total costs will be
= $45 + $53.72 +$25 + $27.50
=$151.22
The cost per mile will be the total costs divided by miles covered
=$151.22/68
=$2.2238 per miles
Answer:
c. An overdraft is a fee your bank charges you for opening a checking account.
Explanation:
Checking account is a deposit account with a bank or any financial institution that allows the owner of such account to make withdrawals and deposits. They are also known as demand accounts or transactional accounts. They are very liquid and allows for countless deposits and withdrawals and can be obtained by using automated teller machines, checks and electronic debits, and a number of other methods.
A checking account is unlike other bank accounts like less liquid savings or investments account it allows for countless withdrawals and unlimited deposits, and savings accounts sometimes limit both.
The statement that an overdraft is a fee that banks charges for opening a checking account is false.
Overdraft is a form of extension of credit from a finiancial institution and often granted when an account reaches zero. it allow such account holder to continue withdrawing money even though the account has no funds or insufficient funds that would cater for and cover the amount of the withdrawal. So it is not the fee that bank charges for opening a checking account, instead what checking account offers is overdraft protection in which if a checking account owner write a check or make a purchase than the funds in the checking account, the bank may cover the difference.
