Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inflation are forecast to be 1.62%, 1.93% and 2.21% respectively Nancy's wage increase be expressed in the new contract as -COLA plus 2.4%
Explanation:
From the question it is clear that the rate of inflation is forecasted to be either 1.62%,1.93% or 2.21% in the near future
But As per the wage contract of the Nancy's union the increase in inflation is assumed to be 2.4%
So,the Nancy's wage increase in the new contract will be expressed as -COLA plus 2.4%
(The term COLA refers to the cost of living adjustment)
<u>Wage increase =cost of living adjustment(COLA)+increased inflation</u>
A mortgage originator convincing an appraiser to grow the valuation on a home that the originator's buddy is trying to shop for is an instance of Fraud For profit.
An appraiser is someone who makes use of their analytical capabilities to assess and assign value to a product, piece of machinery, intellectual assets, actual property, or industrial entity.
An appraiser is an expert who determines the market price of an asset which includes rings, art, gems, circle of relatives' heirlooms, and real property. All appraisers need to act independently of the shopping for and selling events, and their critiques need to be independent. Appraisers take a look at the scale, form, and topography of the lot, which includes easements and encroachments. The appraiser will even note amenities consisting of avenue utilities and vehicular get admission. a part of the evaluation technique includes an opinion of whether or not the house's characteristics are like-minded with the market.
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Answer:
Accountants and finance managers both work with clients and businesses to improve their finances. However, finance managers supervise all financial aspects of a business over a long period of time, while accountants focus on managing financial records and taxes.
Answer:
Excessive aggregate demand in relation to an economy's production capacity.
Explanation:
- The demand and the pull is the upward movement in the prices that follows a shortage in supply. As per the economists, they describe it as the too many dollars that are followed by too few goods.
- Thus when the combined demand in the economy strongly is outweighed by the combined supply and thus the prices tend to go up. Hence the excessive increase of the demands pulls up the production capacity.
The deductible is the amount a person must pay before their insurance will start to pay. For instance, say you have a $1,000 deductible on your car and you have a wreck that causes $3,000 worth of damage. the driver would have to pay the $1,000 first and then the insurance will help cover the other $2,000 at the rate the policy stipulates.
As for pricing, the insurance policies with higher deductibles (meaning the subscriber pays more for losses), the insurance premium would be cheaper than those policies with a smaller deductible.