Answer:
If inflation is expected to be 7% this next year, your friend will be earning a -2% interest.
Step-by-step explanation:
Real interest rate is the interest rate that takes inflation into account. To calculate for the real interest rate, we have:
<em>Real interest rate = nominal interest rate - inflation rate</em>
<em>Real interest rate = 5% - 7%</em>
<em>Real interest rate = -2%</em>
In this case, the borrower will get paid and your friend will be the one penalized.
Negative interest rates occur infrequently and usually only when a country's central bankers are forced to utilize the monetary policy tool -- where the interest rates are set below zero -- during harsh economic times.
A "stipulated sum contract," commonly referred to as a lump sum contract, is a construction contract where the contractor consents to finish the project for a predefined, fixed amount.
<h3>What its means contract?</h3>
The simplest definition of something like a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically presenting an offer and the other accepting it.
<h3>What are contracts in law?</h3>
A contract is an agreement that is legally binding; I A contract is an agreement that is legally binding at one or both of the parties' discretion but not at the discretion of the other party or parties.
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Answer:
The statement is True.
Explanation:
The operations management of any organization is responsible to create value for the organization by transforming raw material into finished goods and convert input into output. The operation management deals with set of activities and follows all the guidelines and operating procedures in order to create value for the organization and achieve ultimate goals of the company.
Answer:
Adults= 239.75 million.
Explanation:
Giving the following information:
In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 139.93 million were employed, 13.43 million were unemployed, and 86.39 million were not in the labor force.
Adults= 139.93 + 13.43 + 86.39= 239.75 million.
Answer:
$90.19
Explanation:
Direct material = 52.10
Direct labour = 10
Variable manufacturing = 3
Fixed manufacturing = 21.10
Variable Admin expenses = 5.60
Fixed admin expenses = 27
Selling price = 124.1
Profit=5.3
Contribution per unit = 53.4
New order = 3900
Direct material 52.1
Direct labour =10
Variable manufacturing = 3
Variable admin expenses = 2.5
total unit variable cost = 67.6
total variable cost =3900*67.6 = 263640
Loss contribution =1650*53.4 =88110
=263640+8810 =351750
351750/3900
=$90.19