Answer: False. The General price level will only increase. It will not decrease at any cost of having cost pull inflation and the demand full inflation.
Explanation:
For every production of the single unit, the expenses incurred on the wages and the cost incurred on using raw materials are prominently considered. The rate of demand has an inverse relationship with the increase in the cost of production. Then the price level of the products increases with the effects of Cost-push inflation.
Secondly, The rate of the demand for particular products increases beyond the equilibrium level when the output rate remains below the capacity to meet the requirements of the consumers' demand. In one particular stage, Demand-full inflation takes place which utmost leads to an increase in the price level and acts as a cause for Demand-full inflation.
The increase in US interest rates relative to the British interest rate would cause the Swiss demand for dollars to increase and the dollar will appreciate against the Swiss franc.
<h3>Why would the demand for dollars increase and the dollar appreciate?</h3>
When the interest rates of the US increases relative to that of the Britain, investors would earn a higher rate of return relative to that of Britain. As a result, investors would prefer to invest in the US.
When there is an increase in the demand for the US dollars relative to the Swiss franc, the US dollars would appreciate.
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Answer:
1. Overtime rate is $20.175
2. Total earnings are $699.4
Explanation:
1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate
OT rate = 1.5 x $13.45
OT rate = $20.175
2. Total earnings for John Porter
Sunday trip = $20.175 x 3 hours =+$60.525
Week normal hours = $13.45 x 40 hours = +$538
Training session = $20.175 x 5 hours = +<u>$100.875</u>
Total earnings <u>$699.4</u>
Answer:
The answer is A. non-operating expense
Explanation:
As he operates a retail shop, such advertising is vital to attract customers to the shops and to make potential sales. We can't treat this expenses as administration or production expenses.
We consider this as non operational because advertising is not an operational part of the operations of a retail business. Moreover, we can't consider it as selling expenses because they are mostly incurred during the sales process.