Answer: False
In the short-run, inflation and unemployment are inversely related; as one quantity increases, the other decreases. In the long-run, there is no trade-off. In the 1960's, economists believed that the short-run Phillips curve was stable.
Explanation:
https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/
Answer:
Option A is correct
Explanation:
The 2 Option are:
<em>i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements
</em>
<em>ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.</em>
<em />
Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.
Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.
The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "<em>we typically affirms claims within 120 days after we receives proof of loss statements". </em>No insurer can states in its policy form that "<em>we typically affirms claims within 120 days after it receives proof of loss statements", t</em>his is against the code of conduct of Insurance business
<em />
Answer:
$ 50.625
Explanation:
Amount of deposit = $50
interest 5 percent usually per year
Per year interest rate = 5/100= 0.05
Interest rate for 3 months= 0.05/12 x3
=0.0125
Interest amount =0.0125 x50= 0.625
Money in the account will be
=$50+0.625
=$ 50.625
Explanation:
The computation is shown below:
Particulars Cost Per unit in ($)
Direct Materials $6
Direct Labor $2
Variable Overhead $1.5
Fixed Cost ($77000 ÷ 35,000 units) $2.2
Total Cost per unit $11.7
So,
1. He will buy the product as it is a saving of $0.7 ($11.7 - $11)
2) The most price willing to pay is $11.7
3) And, There is increase in income by $24,500 by multiply the 35,000 units with the $0.7 per unit in case of buying the part
Answer
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
