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Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.
Answer:
individualism
Explanation:
A post-conventional level of morality is most likely to be found in cultures that value individualism.
An example of post-conventional level of morality is the refusal to pay taxes or levies by an individual due to the fact that his/her conscience wouldn't let him/her support a tyrannical government or leadership.
Correct answer is d based on facts from the story
Answer:
5.85%
Explanation:
Suppose the real risk-free rate is 3.50%, the average future inflation rate is 2.25%, and a maturity premium of 0.10% per year to maturity applies, i.e., MRP = 0.10%(t), where t is the years to maturity. What rate of return would you expect on a 1-year Treasury security, assuming the pure expectations theory is NOT valid? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
a. 5.75%
B. 5.85%
c. 5.95%
d. 6.05%
e. 6.15%
r = r* + IP + DRP + LP + MRP
r = 3.50% + 2.25% + 0 + 0 + .10% = 5.85%
Answer:
The correct answer is letter "B": direct labor and factory overhead.
Explanation:
Conversion costs are those expenditures as a result of converting raw materials into final goods. Thus, conversion costs imply considering the direct labor costs and the manufacturing overhead costs. Besides, costs of power service and other utilities needed for the production service fall into this category.
