Answer:
a rise in a country's expected inflation rate will eventually cause an equal rise in the interest rate that deposits of its currency offer.
Explanation:
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
When this persistent rise in the price of goods and services in an economy becomes rapid, excessive, unbearable and out of control over a period of time, it is generally referred to as hyperinflation
Under PPP i.e purchasing power parity (and by the Fisher Effect), all else equal a rise in a country's expected inflation rate will eventually cause an equal rise in the interest rate that deposits of its currency offer.
Answer:
The correct answer is letter "C": By dividing the average cost of workers by their average levels of output.
Explanation:
The Unit of Labor cost measures how much it costs to compensate and employee per unit manufactured. It is calculated by dividing the average cost of employees with an average level of production. The result is expressed as a percentage of the labor compensation per hour in regards to the units produced without the same time.
Answer:
<h2>The answer,in this case would be option A) given in the answer choices or total fixed costs will remain the same and total variable costs will change.</h2>
Explanation:
- In Microeconomics or Production Economics,the total fixed cost basically refers to the cost or expense of the firm or company which does not change with any corresponding change in production or output level in the short run.Examples of fixed costs commonly include rent expenses,monthly utility bills,regular maintenance expenses,monthly water and energy expenses and so forth.
- On the other hand,total variables costs are the costs of expenses incurred by the company or firm that are directly related with the level of production or output and changes accordingly.Examples of total variable cost includes labor costs or expenses which vary according to the changes in the production or output level as the labor is the only variable input or factor of production in the short run.
- Therefore,any change in the total production cost in the short run would reflect the proportionate change in the total variable cost of production(labor expenses or labor wage) as the total fixed cost is already fixed or constant and does not depend on the volume or level or production or output.
Answer:
a. Debit Vacation Benefits Expense $16.500: credit Vacation Benefits Payable $16,500
Explanation:
858,000 wages per year / 52 weeks per year = 16,500 per week
The weekly wages for our employees are 16,500 dollars
For each of the two weeks of vacations we will do an adjusting entry by this amount.
Answer:
B. increases, and the labor-force participation rate is unaffected
Explanation:
Rick loses his job and immediately begins looking for another. Definitely, the unemployment rate has increase. He has been sent back to the labor market. Rick is definitely unemployed because he lost his job and this means an increase in the employment rate. Note that unemployment rate is the percentage of the labor force that is unemployed and are actively looking for a job.
The labor force participation rate is the percentage number of people who are of working age both the employed and the once actively looking for a job. The labor force participation rate is definitely unaffected as Rick lost his job.