Answer:
Option (d) is correct.
Explanation:
Given that,
Current wage rate of the workers = $8 per hour
Current year CPI = 160
Previous year CPI = 128
Inflation rate:
= (Current year CPI - Previous year CPI) ÷ Previous year CPI
= (160 - 128) ÷ 128
= 32 ÷ 128
= 0.25 or 25%
Therefore, the firm should increase the hourly wages of its workers by:
= Inflation rate × Current wage rate of the workers
= 25% × $8 per hour
= $2 per hour
Answer:
PART-1
How should each instrument be changed if the Fed wishes to decrease the money supply?
The Fed would deportment open-market sales, increase the discount rate, and raise interest paid on reserves.
PART-2)
Will the change affect the monetary base and/or the money multiplier?
The money multiplier refers to the capacity of money that financial institute like banks produce with each dollar of funds. Money base is exaggerated by the open-market processes and discount rate. Any alteration in interest expenditures on reserves modifies the money multiplier.
Answer:
Time management is when you use your time wisely to complete certain tasks.
Explanation:
If you manage your time wisely, you will get more work done. Not managing your time will result in incomplete tasks.
Answer:
$0
Explanation:
The computation of the value of firm profit is shown below:
As we know that
Profit = Total revenue - Total cost
where,
Total revenue is
= 10 widgets × $15
= $150
And,
Total cost = Variable cost + Fixed cost
= 10 widgets × $13 + $20
= $130 + $20
= $150
So, the profit is
= $150 - $150
= $0
Hence the firm is in break-even point where there is no profit or no loss
Answer:
Egor.
Explanation:
According to the Landlord-Tenant Law, the right to possess the land is owned by Egor in the given situation.
In the given scenario, Egor has a land, which he has given to Fig as an easement. An easement can be defined as a nonpossessory right to the holder of the property to earn interest on the land, originally owned by someone else. Gabe is earning profit on it and Huck has a license. Regardless of this, Egor still owns the property and has right to possess the land.
Therefore, Egor is the correct answer.