Answer:
A) True
B) False
Explanation:
If a country's inflation rate increases sharply, the inflation tax the loss in wealth suffered by holders of money as a result of inflation will definitely rise significantly.
Since money is neutral in the long run, inflation should not affect the real interest rate (over the long run) but only the nominal interest rate, which, in accordance with the Fisher effect should adjust one for one with the price level. Thus, wealth in savings accounts is not affected by changes in the inflation tax. However, holders of savings account are hurt by the increase in the inflation rate because they are taxed on their nominal interest income, so their real returns falls as a result of higher inflation.
Answer:
the decrease in price increase the demand.
Explanation:
Steve is a consumer of goods, his demand will increase if the price drops. In this case, the hamburgers price decrease so it demand increases too.
This makes his consumer surplus increase as well, as he was willing to pay up to $2 per hamburger, receiving 2 at 1 dollar genrate an additional consumer surplus for $2 dollars
Because it is no longer renters job to pay because Ur renting,whats the choices?
Answer: Employee involvement
Explanation:
Hi, employee involvement occurs in workplaces where the employees make decisions that affect their own work, they participate directly to help the organization reaching its objectives. They suggest and apply work-related ideas that also improve their own motivation.
These types of activities are common in flat organization structures.
Feel free to ask for more if needed or if you did not understand something.
Answer:
April 1
Dr Petty cash $268
Cr Cash $268
April 10
Dr Freight-in (Or Inventory) $76
Dr Supplies expense $41
Dr Dr Postage expense $49
Dr Accounts Receivable/Loan to employees $33
Dr Miscellaneous expense $52
Cr Cash over and short $9
Cr Cash $260
April 20
Dr Petty cash $116
Cr Cash $116
Explanation:
Preparation of the journal entries to record transactions related to petty cash for the month of April.
April 1
Dr Petty cash $268
Cr Cash $268
April 10
Dr Freight-in (Or Inventory) $76
Dr Supplies expense $41
Dr Dr Postage expense $49
Dr Accounts Receivable/Loan to employees $33
Dr Miscellaneous expense $52
Cr Cash over and short $9
($260-$76-$41-$49-$33-$52)
Cr Cash $260
($268-$8)
April 20
Dr Petty cash $116
Cr Cash $116