Wealth is redistributed from creditors to debtors when inflation is unexpectedly high.
<h3>What is inflation?</h3>
Inflation is when there is a persistent rise in the general price levels of goods and services. When inflation is unexpectedly high, the inflation is not priced into the amount of interest that a creditor expects from a debtor. This leads to wealth been redistributed from creditors to debtors.
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nominal, principal or face amount —the amount over which the issuer pays interest,...
issue price —the price at which investors buy the bonds when they are first issued.
maturity date —the date on which the issuer has to repay the nominal amount.
short term (bills): maturities up to one year;nominal, principal or face amount —the amount over which the issuer pays interest,...
issue price —the price at which investors buy the bonds when they are first issued.
maturity date —the date on which the issuer has to repay the nominal amount.
short term (bills): maturities up to one year;
Before overtime pay it will be 52•$7.80=$405.60
U add after overtime pay. $7.80 • 12= $93.60. So 405.60 plus 93.60 equals 499.20
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Stryker Industries received an offer from an exporter for 15,000 units of product at $17.50 per unit.
Unit manufacturing costs:
Variable 11
Because it is a special offer that will not affect the domestic sales and assuming there is unused capacity, we will not have into account the fixed costs.
Effect on income= 15,000*17.5 - 15,000*11= $97,500