Why is zero inflation not ideal for the economy?

xcel how many months can a life insurance policy normally be backdated from the date of the application

belka [17]

6 Months can be a life insurance policy normally be backdated from the date of the application.

For Example:- Suppose, he/she purchased a policy with maturity duration of 20 years in March 2022 and backdated it to October 2021, the maturity benefits of the endowment policy can be reaped a year before in October 2041 than the initial date in March 2042.

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4 0

2 years ago

Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 560,000 units are e

andrew11 [14]

Answer:

d. $11.11 per unit

Explanation:

Plant wide overhead rate = Total manufacturing cotsts / Total direct labor hours

Plant wide overhead rate = ($2,530,000 + $900,000) / (168,000+110,000)

Plant wide overhead rate = $3,430,000 / 278,000

Plant wide overhead rate = $12.34 per DLH

Overhead cost per unit = Plant wide overhead rate * Direct hours per unit

Overhead cost per unit = $12.34 * 0.90

Overhead cost per unit = $11.11 per unit

7 0

3 years ago

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed _____ budg

katrin [286]

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed Continuous budgeting.

<h3>What is Continuous Budgeting?</h3>

Budgets are created for future periods, revised throughout current periods, and adjusted at the conclusion of the term. This process is known as continuous budgeting.
In other words, it's the practice of maintaining active, current, and future budgets to monitor costs and project growth in the future.
The majority of businesses create their budgets on a monthly, quarterly, or annual basis, however many businesses now create weekly budgets to monitor sales and shipments.
In the current era, these plans are utilized to establish financial and performance goals and benchmarks for the future.
Following the conclusion of the current period, the budgeting process is restarted by developing a new plan for the following accounting period.

To learn more about Continuous Budgeting refer to:

brainly.com/question/14300218

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6 0

2 years ago

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch

IgorC [24]

Answer:

price level fall and value of money is rises

Explanation:

given data

one year basket costs = $10.00

two year two basket costs = $9.00

one year buy baskets = $50

year two,buy baskets = $50

to find out

as the price level falls, the value of money will be

solution

we see that when we compare to 1 year price go down from $10 to $ 9

so deflation at annual rate is $\frac{10-9}{10}$ = 10%

so here

sum of $50 will be buy here = $\frac{50}{10}$ = $5 in one year

and $ 50 buy in 2 year is = $\frac{50}{9}$ = $5.56 in two year

so this is show here that price level fall and value of money is rises

4 0

3 years ago

He georgetown, south carolina, traffic division reported 40% of high-speed chases involving automobiles result in a minor or maj

stellarik [79]

Answer: The probability that 25 or more out of 50 high speed chases result in minor or major accidents is 0.097807364 or 9.781%.

The rate of accidents at 0.40 is a constant rate, and hence we can use the binomial distribution to calculate the probability.

The formula for computing the probability with the binomial distribution is:

$P(X=x) = _{n}C_{x}*p^{x}*q^{n-x}$

where

N is number of trials = 50

p is probability of of a hit in a single trial. In this case, p = 0.40

q is probability of of a miss in a single trial. Now $q = 1 - p; q = 1 - 0.4 = 0.6$ for this question

x will take on the whole numbers from 25 and continue upto 50

The questions asks us to compute the probability that 25 or more chases will result in an accident.

We express this as P( X≥ 25) mathematically.

We can also express P( X≥ 25) as P (x=25) + P(x=26) + ................ + P(50) i.e the sum of all the individual probabilities when x assumes each of the values from 25 upto 50.

That's why x will take on each of the whole numbers from 25 to 50.

We can compute P( X=25) by substituting the values in the formula above.

$P(X=25) = _{50}C_{25}*0.4^{25}*0.6^{50-25}$