Answer:
Explanation:
Considering the graph in the attached image, at point A, the economy was in the equilibrium, after an increase in the inflation target, the Ad curve will shift to the AD2. At this point the price is P* and the output is Y'. The new equilibrium is At B.
In the scenario given in the question, the worker will demand a higher wage as the real wages decline.
An increase in the wage will act as a negative supply shock and the demand curve will shift to the left i.e. SRAS2. The output will decrease and the price will increase. The new output will be at Y and equilibrium at C.
Therefore, increasing the inflation target will only increase the demand in the short run, and only increase the price in the market in the long run.
Answer:
The Eurozone is
the countries that use the euro as their common currency.
Explanation:
The Eurozone is made up of the European Union (EU) countries that use the euro as their currency. It is a subset of the European Union. This implies that not all the EU member countries have adopted the use of the euro as their common currency. For example, before Brexit, Britain continued to use her pounds sterling instead of the euro. This shows that Britain was not then a part of the Eurozone, unlike other countries that have fully adopted the euro as their common currency.
Answer:
Employer should withheld $1,643 from Baker's salary
Explanation:
Baker earned $113,300 in 2012. As on 2012, FICA tax rate withheld from employee's salary is 7.65% that constitutes 4.5% of social security, 1.45% of medicare taxes and 2% additional for employees whose wages exceed $18,350.
The gross income base for social security part has increased in 2012 to $110,100. This is not applicable for medicare tax of 1.45%.
Here, Baker's salary of $113,300 is above social security limit, so his income will not be withheld for social security. However, 1.45% of his salary will be withheld for medicare tax.
Therefore, $1,643 that is 0.0145×113,300 is withheld from his salary.
I believe the answer is Mac.
Explanation: Mac's GUI was released in 1984.While the others were made not much later between 1984 and 2009
Answer:
It's C
Explanation:
Your net worth isnt money you can spend its how much money your worth