Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
<u>The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.</u>
<u></u>
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
Answer:
C) the nominal value of aggregate income is determined
Explanation:
The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.
The quantity theory of money is obtained from the equation of exchange which is:
(Money supply × velocity ) = (price × agregrate output)
Dividing both sides by velocity gives,
Money supply = (1/velocity) × ( price × agregrate output)
It is assumed velocity is constant, therefore,
Money supply = k × (price × agregrate output)
I hope my answer helps.
All the best
Answer:
Direct labor hour will be 158000
Explanation:
We have given manufacturing overhead cost = $510000
An total budgeted manufacturing cost = $984000
So balance variable cost = $984000 - $51000 = $474000
It is given that $3 per direct labor hour
We have to fond the number of labor hours
So number of direct labor hours will be 
So dire t labor hour will be 158000
More than likely they can help you find jobs
<span>given her position as the department manager, lisa has Legitimate power
Legitimate power is a type of power that derived from your formal position in your organizational hierarchy.
As a department manager, Lisa has the power to control all operational activities that heppen in her department, including arranging employees time schedule</span>
