Answer: For absolute purchasing power to hold, the products must be identical in all markets.
Explanation:
Purchasing power parity (PPP) measures the prices in different sectors using a particular product to differentiate the absolute purchasing power that exists between currencies. Purchasing power parity produces an inflation rate which equals the price of the basket of products at a location divided by the price of basket of products at a different location. In PPP, the products compared must be identical.
Purchasing power parity (PPP) is a theoretical rate of exchange that allows an individual to buy the same quantity of goods and services in all countries. According to purchasing power parity, two currencies are in equilibrium when a basket of goods has the same price in two countries, with the exchange rates taken into account.
Answer:
D. COBRA
Explanation:
Larry would have learnt that he has a right to extend his insurance benefits, however, if he pays the premiums under cobra.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families <u>who lose their health benefits</u> the right to choose to continue group health benefits provided by their group health plan for limited periods of time<u> under certain circumstances such as voluntary or involuntary job loss.</u>
Since Larry has lost his job, COBRA will be the best option for him because he meets the condition
Answer:
C. Manager
Explanation:
Makes the most sense to me. You have to know how to deal with people and assign tasks to get the job done. Sounds like every manager i know.
Answer:
The correct answer is letter "A": it would reduce the lags inherent in monetary policy.
Explanation:
Inflation targeting is a monetary policy in which the central bank sets a specific target for medium-term inflation and declares the target for inflation. The idea is that maintaining price stability is the best that monetary policy can do to support the economy in the long run.
Answer:
Rent of the building will remain the same
Explanation:
The fixed costs will not change because fixed cost remains fixed for any level of activity whereas the variable cost changes with the increase in level of activity. As the activity level will change with additional hours work which will increase the variable costs only. So all variable costs will increase whereas fixed will remain fixed. The all the other options were variable costs except rent which is fixed cost. So rent will no change because of additional hours worked.