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Natasha_Volkova [10]
3 years ago
12

After a prolonged period of high inflation the government of Oceania decides to set a target of 0% inflation going forward. As t

he new assistant economic minister, you are tasked with critiquing this policy. Which criticism of the 0% inflation target is plausible yet controversial among economists?
Business
1 answer:
Taya2010 [7]3 years ago
6 0

Answer:

The rise in unemployment.

Explanation:

The Phillips curve analyzes the relationship between inflation and unemployment, ie the trade-off between these two variables. Thus, rising inflation reduces unemployment, while a monetary policy of reducing inflation increases unemployment. Thus, the criticism would be that a 0% inflation target policy would be sacrificing employment, that is, it would be necessary to reduce growth and increase unemployment to reach very low levels of inflation.

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On December 31, Strike Company sold one of its batting cages for $55,000. The equipment had an initial cost of $310,000 and has
drek231 [11]

Answer:

$5,000.

Explanation:

To calculate the gain or loss on sale of Property, Plant, and Equipment, the worth of the asset at selling time that is its Carrying Value (Cost - Accumulated Depreciation) is compared with the Sale Proceeds.

⇒ Gain / (Loss) = 55,000 - (310,000 - 260,000) = $5,000.

Strike Company has sold an equipment worth of $50,000 for $55,000, hence making a gain of $5,000 on this transaction. This gain is recorded in the Statement of Profit or Loss.

4 0
4 years ago
Juan is speaking at a senior center about the advantages of buying items online. Knowing that many of his listeners no longer dr
coldgirl [10]

Answer: Relating the topic to the audience

Explanation: Juan is applying the concept of relating the idea to the audience, when she made the illustration that buying items online would be more convenient and eliminates the need to go to the store to make purchases.

Relating the topic to the audience, is a method used to make a message clearer by relating it to the day to day lives of the audience.

5 0
3 years ago
Ratzan Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corpor
MaRussiya [10]

Answer:

$33.80 per hour

Explanation:

The computation of the predetermined overhead rate is shown below:

= Estimated manufacturing overhead ÷ machine hours

= ($71,000 + $12,100 + $54,900 + $14,000 + $17,000) ÷ (5,000 machine hours)

= $169,000 ÷ 5,000 machine hours

= $33.80 per hour

6 0
3 years ago
What is the basic monetary unit in india?
emmainna [20.7K]
The ruppe is the basic monetary unit in india
6 0
4 years ago
Which of the following investments would have the lowest present value? Assume that the effective annual rate for all investment
nekit [7.7K]

Answer:

Investment D would have the lowest present value

Explanation:

A is smaller compared to E, This is because the money comes in later

The same argument holds for B and C, that is, B is lower compared to C because the money comes in later too.

A is also lower than B, this is because  of the annuity to be received later is larger.

D is just one payment, which means D is the right answer compared to A

This means investment D would have the lowest present value compared to all other investment choices.

5 0
3 years ago
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