Answer:
Inflation rate= 0.03 = 3%
Explanation:
Giving the following information:
Nominal interest rate= 0.05
Real interest rate= 0.02
<u>To calculate the inflation rate, we need to use the following formula:</u>
Real interest rate= nominal interest rate - inflation rate
Inflation rate= nominal interest rate - real interest rate
Inflation rate= 0.05 - 0.02
Inflation rate= 0.03 = 3%
I don’t remember that question
Pablo Management has five part-time employees, each of whom earns $250 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the five employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4 New Year's Day. (January 1) was an unpaid holiday.
1. December 31 Wages expense (debit) 1250
Wages Payable (credit) 1250
2. January 4 Wages expense (debit) 3750
wages payable (debit) 1250
Cash (credit) 5000
<h3>What are Wages?</h3>
A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame. The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.
A person's pay is the sum of money that is routinely given to them in exchange for the labour that they perform. He now makes more money.
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There is not a specific weight that you should be. It often depends on genetics and your diet. These are all factors of a person's weight, which can differ depending on the person.
D. income segmentation
The packaging for the laundry detergent is being improved upon for the benefit of “low-income consumers” and “tight budget” students. Therefore, the answer would be relative to income.
