Answer: Rising trend
Explanation:
If the actual natural rate is 5%, it would be higher than the natural rate of 4%. This would prompt the Fed to act in such a way as to reduce unemployment in the economy. To do this, they would embark on an expansionary monetary policy to get the economy growing so that more people can be employed.
When there is more money in the economy though, people will have more to buy goods and services and this increase in demand will cause inflation to rise to reflect that there is more demand than supply.
Answer:
P(x)=-30x^2+9000x-567000
Explanation:
First, we need to remember the parts of a Profit function. A profit a business makes equals revenue (R(x)) minus its costs (C(x)). So
There are two parts
1. Revenue: which is equal to the number of units sold times the price:
where x is the price you charge and Q(x) is the number of shirts that can be sold. Then
2. Cost. The cost function is directly given by the question
Putting this together we have
Answer:
Will increase to $460,000
Explanation:
Palmer Inc. currently produces 110,000 units at the rate of $440,000
Next year they are expected to produce 115,000 units
Since the cost is variable, the total cost can be calculated as
(440,000/110,000) × 115,000
= 4×115,000
= $460,000
Hence the total cost is $460,000
Answer:
$3,593.44
Explanation:
The present value (P) of an annuity payment (A) at an annual rate 'r', compounded annually over of period of 't' years, is given by:
If payments are $900 each at an 8 percent rate for five years, the present value is:
The present value of the annuity payment is $3,593.44