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Alchen [17]
3 years ago
11

The monetary base and the money supply are expected to grow at a constant rate of 20% per year. Inflation and expected inflation

are 20% per year. Suppose that bank reserves and currency pay no interest, all currency is held by the public, and bank deposits pay no interest. What is the cost to the public of the inflation tax?

Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

<u>Solution:</u>

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

\Rightarrow\frac{627000}{3}= \$207,000

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0
3 years ago
On November 1, 2021, Jamison Inc. adopted a plan to discontinue its barge division, which qualifies as a separate component of t
skad [1K]

Answer:

d. $67 million.

Explanation:

The asset is not impaired because the fair value is higher than the book value. Therefore, the only operating loss of $67,000,000 can be reported.

Particulars                                                           Amount

Operating Loss(Jan 1 to 31 Dec 2021              $67,000,000

Before Tax loss on discontinued operation   $67,000,000

Hence, Jamison would report a before-tax loss on discontinued operations of $67,000,000.

7 0
3 years ago
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
defon

Answer:

C. rating scale test.

Explanation:

In a rating scale test, respondents are asked by researchers to rate either their products, services, or work on a scale, say one to ten. This type of test is used by researchers when they want respondents to place value on the features,products,service as contained in the questionnaire.

This type of test is also used to assess performance of employees, products,services etc inorder to achieve a particular goal.

Rating scale is also used to get more information about comparisons between two values hence an important survey method.

3 0
3 years ago
The roles and responsibilities of hrm professionals have evolved primarily because?
PIT_PIT [208]

Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.

Human resource management is  mostly the practice of recruiting, hiring, the deployment, and  managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).

HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.

Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.

To know more about hrm click here:

brainly.com/question/10583893

#SPJ4

6 0
2 years ago
Identify each of the following features as applying more to job order operations, process operations or both job order and proce
Fynjy0 [20]

Answer:

Identification of Features Applying More to Job Order Operations, Process Operations, or Both:

Features  

1. Cost object is a process.                                  Process Operations

2. Measures unit costs only at period-end.        Process Operations

3. Uses indirect costs.                                          Both

4. Transfers costs between Work in              

   Process Inventory accounts.                            Process Operations

5. Uses only one Work in Process account.       Job Operations

6. Uses materials, labor, and overhead costs.    Both

Explanation:

The main difference between the two operations is the manner costs are accumulated.  Job operations accumulate costs for different jobs that are not similar.  Process operations accumulate costs to show the process a product passes through.  The product of a process operation is not unique like the product of a job operation.

6 0
2 years ago
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