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mihalych1998 [28]
3 years ago
13

If the nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates

are respectively:
a) 3% and 5%.
b) 8% and 5%.
c) 5% and 2%.
d) 5% and 7%.
e) 7% and 5%
Business
1 answer:
dedylja [7]3 years ago
6 0

Answer:

c) 5% and 2%.

Explanation:

Given that

Nominal interest rate = 5%

Expected inflation = 3%

We know that

Real interest rate = Nominal interest rate - inflation rate

                             = 5% - 3%

                             = 2%

And the new nominal rate is equal to given nominal interest rate i.e 5%

Therefore, we consider all information which is mentioned in the question.

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Make posters, put up signs, or tell people what your doing. So, people know that you exist and you are making a business 
8 0
3 years ago
Union members earn_____________________ than non-union members, even after adjusting for factors such as_____________________. a
forsale [732]

Union members earn "about 20% more" than non-union members, even after adjusting for factors such as "years of work experience and education level.".

<h3>Who are Union and Non-Union members?</h3>

Workers who band together and use their collective power to have a say in the workplace create a union.

Labour union members can bargain with employers about pay, benefits, workplace health and safety, job training, and other work-related problems from a position of power through their union.

Employee involvement in corporate decision-making through representative organisations is known as non-union employee representation.

The reasons for union workers paid more are-

  • Employees that are more productive get paid more - Unions assert that they may bargain for greater salaries for workers.
  • In truth, higher pay rates result from employers in unionised organisations being more selective in the hiring process since they must find individuals who can produce more and do so with higher standards.

To know more about the roles of labour union, here

brainly.com/question/15167596

#SPJ4

8 0
2 years ago
Standards differ from budgets in that
Setler [38]

Answer:

D) budgets are a total amount and standards are a unit amount.

Explanation:

For each given choice in the question explanation is provided below as to why its or its not the correct answer.

A) only budgets contribute to management planning and control.

Both budgets and standards contribute in the planning and control are of the company. Therefore, this option is incorrect.

B) budgets but not standards may be used in valuing inventories.

Once gain both are used for valuing inventory, this is due to the fact that budget contains details gathered in standard costing. Therefore, this option is incorrect.

C) budgets but not standards may be journalized and posted.

Both the budget and standard are journalized and posted in the accounting system. Therefore, this option is incorrect.

D) budgets are a total amount and standards are a unit amount.

As standards are unit amounts which contributes in preparing the budget which are total amounts.

Hence, option D is correct.

3 0
3 years ago
The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable
likoan [24]

Answer:

The total budgeted manufacturing overhead for November is $125,000

Explanation:

The total budgeted manufacturing overhead for November comprises of the budgeted variable manufacturing overhead of $5 per direct labor(where total labor hours are 8,500) plus the budgeted fixed manufacturing overhead of $90,000 for the month.

Budgeted variable manufacturing overhead($5*8500)        $35,000

Budgeted fixed manufacturing overhead                               $90,000

Total budgeted manufacturing overhead for November       $125,000

The overhead projected to be incurred in November is $125,000

7 0
3 years ago
Read 2 more answers
On December 31, Leann Corp. paid $5,120 on an installment note that requires annual payments. The outstanding loan balance on Ja
OleMash [197]

Answer:

Dr Interest expense  $4,000

Dr Notes payable      $1,120

Explanation:

The $5,120 repaid comprised of both interest and principal repayments,hence there is need for the amount to be split into the two appropriate accounts.

The interest payable on the loan on yearly basis ,based on the outstanding loan balance of $50,000 is $4,000(8%*$50,000),hence the balance of $1,120($5,120-$4,000) represents the actual repayment of principal,as a result the notes payable account should be debited with $1,120.

3 0
4 years ago
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