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3 years ago

Typically the ________ clause in a union contract is tied to the u.s. bureau of labor statistics' consumer price index (cpi).

Business

2 answers:

Paul [167]3 years ago

5 0

The cost of living adjustment (COLA) clause is linked to the CPI.

stiks02 [169]3 years ago

3 0

Answer:

The correct answer is the Cost-of-Living-Adjustment clause.

Explanation:

To begin with, the Cost-of-Living-Adjustment clause or COLA is the name that receives a clause in an union contract that allows increases in wages of the workers at specified intervals during the entire life that the contract takes place. Moreover, the reason why this clause is typically related to the Consumer Price Index or CPI is because those increases that the wages experience are measured by the CPI regarding the increase in the cost of living in the economy.

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In the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 pe

vaieri [72.5K]

Answer:

(a) 8%

(b) 5%

Explanation:

According to the classical quantity theory of money,

Money supply × Velocity = Price Level × Real GDP

Money supply denoted by M

Velocity is denoted by V

Price level is denoted by P

Real GDP is denoted by Y

Therefore,

Change in M + Change in V = Change in P + Change in Y

Since, we know that V is constant, so V = 0

∴ Change in M = Change in P + Change in Y

(a) Nominal GDP = Price × Real GDP

Change in P + Change in Y = Change in Nominal GDP = Change in M

Change in M = 8%, it is given in the question.

Therefore, Change in Nominal GDP = 8%

(b) Change in M = Change in P + Change in Y

8% = Change in P + 3%

Change in P = 8% - 3%

= 5%

We know that change in price level is the inflation rate. Hence, the inflation rate is equal to the 5%.

Real interest rate = Nominal interest rate - Inflation rate

= 9% - 5%

= 4%

6 0

2 years ago

CAN SOMEONE HELP ME PLEASE? I ATTACHED THE QUESTION <br> THANKS!!!

Aleks [24]

Answer:

The formula for each month is described below:

January +(B2*31*C2)+(B2*$A$12)

February +(B2*29*C2)+(B2*$A$12)

March +(B2*31*C2)+(B2*$A$12)

April +(B4*30*C4)+(B4*$A$12)

May +(B3*31*C3)+(B3*$A$12)

Explanation:

The formula matches the requirements for each individual month as number of days change accordingly and $A$12 determines the fixed transport cost the other variables are the number of boxes and the cost per box.

5 0

3 years ago

Intellectual property falls into a category of property known as _____ rights, which are not tangible physical objects

Nataliya [291]

Intellectual property falls into a category of property known as intangible rights, which are not tangible physical object.
Due to being intangible they can transfer information to another business or person but it has no physical being. Software design, brands, trademarks, domain names are some examples of intangible and intellectual property.

4 0

3 years ago

"A company has a defined benefit pension plan for its employees. On December 31, year one, the accumulated benefit obligation is

tester [92]

Answer:

$6,100

Explanation:

Data given in the question

Accumulated benefit obligation = $45,900

Projected benefit obligation = $68,100

Fair value of the plan assets = $62,000

So, by considering the above information, the benefit plan recognized is

= Projected benefit obligation - fair value of the plan assets

= $68,100 - $62,000

= $6,100

Hence, the accumulated benefit obligation is ignored

7 0

3 years ago

On July 8, Ace, a refrigerator wholesaler, purchased 50 refrigerators. This comprised Ace's entire inventory and was financed un

sergiy2304 [10]

Answer:

<em>OPTION (B) is correct.</em>

Explanation:

Because, already the interest has been improved, then also Cray gets to keep the refrigerator. The consumer in the ordinary course of business buy a good or a product which is free from a security interest even if the customer knows about the agreement which is made during the lending, that is known as security agreement.

Because in security agreement is a agreement which decides that who is lending, have to pay security interest.

4 0

2 years ago