Answer:
A) true
Explanation:
Manufacturing involves converting raw materials into useful finished product. Manufacturers engage different production processes in creation of goods/ services, and the choice of process to use is dependent on the kind of products/ goods that were to be produced. In choosing process or production methods desires of the market as well as available resources and volumes need to be put into consideration. For instance, in steel manufacturing, the process is one that requires a continuous process, therefore, CONTINUOUS PROCESS is used. A production plant involving working together of both workers and robot works together in assembling if automobiles requires a "ASSEMBLY PROCESS"
Answer:
a) Means higher marginal tax rates at higher income levels.
Explanation:
The progressive tax system is a system where the rate of the taxes according to the increased in the taxable amount. It generally applied to the personal income taxes that means if the people have the less income so less tax rate would be applied and if the people have the high income so high tax rate is applied
Therefore as per the given situation, the option a is correct
I think it is Carry a risk of losing money (A)
Answer:
$906.30
Explanation:
Face value (FV) = $1000
Coupon payment (C) = 7% of $1000 = $70
Yield to maturity (r) = 8% = 0.08
t = 18
Number of compounding periods (n) = 1 (annually)
Using the relation:
C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt
70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18
70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18
70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)
70(9.3718871) + 250.24902
= $906.281117
= $906.30
Answer:
Michael does not experience inflation because he only buys Tennis rackets
Explanation:
Inflation is defined as increases in price per unit price.
It is the prolonged increase in the price of goods and services caused by devaluation of currency , demand -pull or cost - push. While a certain degree of inflation can be beneficial to a thriving economy , it can become a threat if it becomes larger.
One of the direct impact of inflation is rise in price of goods and services.
As the price of rackets was not affected by the inflation , that means that Michael was not affected by the inflation.
