Answer:
Inflation = 9.5%
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Given the following data;
Nominal interest rate = 7 percent.
Real interest rate = -2.5 percent
Real interest rate = Nominal interest rate - Inflation
Inflation = Nominal interest - Real interest rate
Inflation = 7 - (-2.5)
Inflation = 9.5%
Answer:
She invested $2,167
Explanation:
As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:
8% * 9 / 12 = 6%
Let A be the amount of money she invest. After 9 month she will receive:
A * 0.06 dollars.
And the actual amount is $130. So she invested
A = $130 / 0.06 = $2,167
Answer:
does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses
Explanation:
From the question, we are informed about Craig and Kris who were walking directly toward each other in a congested store aisle. Craig moved to his left to avoid Kris, and at the same time Kris moved to his right to avoid Craig. They bumped into each other. This example illustrates the concept of coordination failure and in this case, This idea relates to macroeconomic instability because the economy does not achieve a mutually beneficial equilibrium because there is a lack of coordination of the actions of people and businesses. Coordination failure can be regarded as failure that takes place as a result of group of firms want to achieve a more desirable equilibrium, but resulted to failure as a result of their decision making not been coordinated
Answer: The answer is "b. A group of individuals with different product requirements".
Explanation: The definition of a market segment refers to a homogeneous and large group of consumers that can be recognized within a market, who have similar desires, buying habits, and who will react similarly to the power of marketing.
Answer:
Dr Work in process $13,210
Cr Wages payable $13,210
Explanation:
Based on the information given the appropriate journal entry to record the flow of labor costs into production during August is:
Dr Work in process $13,210
Cr Wages payable $13,210
(580*$13)+(630*$9)
($7540+$5670)
(To record the flow of labor costs into production during August)
