Answer:
both blanks can be filled by <u>5%</u>
Explanation:
The quantity theory of money states that there is a proportional relationship between the money supply and the general level of prices. An increase in the money supply will increase the general level of prices in the same proportion (called inflation).
The Fisher equation measures the relationship between nominal and real interest rates. Real interest rate = nominal interest rate - inflation rate.
So if inflation increases, the nominal inflation rate will increase to keep the real interest rate the same.
Answer: $724.35
Explanation: Stacy worked 46 hours in total in her work week. Normally any amount of hours above 40 hours is considered to overtime hours. This means she worked a total of 6 hours (46 - 40 = 6) as overtime.The special half rate apply on these overtime hours.
Calculating the special half rate on the overtime is as follows:
Total salary: $680
Hours workered: 46
Therefore pay per hour= 680 ÷ 46 = $14.78
Apply half rate: 14.78 × 0.5 = $7.39 per hour
Total overtime: 7.39 × 6 hours = $44.35
Total gross salary: 680 + 44.35 = $724.35
Answer: D. Increased productivity by using technologically-intensive manufacturing technologies.
Explanation:
Technology has made work easier in many industies. Artificial intelligence has made things much easier, involving lots of robots and reducing human efforts, which tends to make things faster and smarter. People who work in industies of industrialized countries can compete with those of developed world by technology, because both party make use of technology, so the input and output from their industry would be same based on the facilities they use.
Answer:
Option (d) is correct.
Explanation:
Materials cost = $310
Labor cost = Labor hours × Wages per hour
= 20 hours × $11
= $220
Overhead cost = Overhead for each employee hour × Labor hours
= $17 × 20 hours
= $340
Total cost = Materials cost + Labor cost + Overhead cost
= $310 + $220 + $340
= $870
Hence, correct answer is $870.