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3 years ago

Answer the following questions about the (real) inflation tax, assuming that the price level starts at 100.

Business

1 answer:

Rus_ich [418]3 years ago

7 0

Answer:

a) $900 after 1 year

b) $810 after 2 years

Explanation:

This deals with the time value of money concept. This states that money is worth more today than the same amount is worth sometime in the future. The real purchasing power is the nominal purchasing power discounted back as per the prevailing inflation rate.

For a)

$1000 after one year will be worth 1000 * 0.9 = $900 or a reduction of $100 as 1000 today is worth only 900 after 1 year.

For b)

The inflation rate discounts real purchasing power year over year so after 2 years the real purchasing power will be as follows,

Real purchasing power = 900 * 0.90 = $810 which is discounted by 10% inflation for 2 years.

Hope that helps.

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Answer:

d) a bond issued by the U.S. government

Explanation:

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3 years ago

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3 years ago

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Answer:

oh ok i understand

awnser down here: <3

Synonyms:complicated, difficult, complex, elaborate, confused, confusing, incomprehensible, intricate, contorted, involved

Antonyms:straightforward, simple, make sense, understandable, intelligible, apparent, easy, evident, clear-cut, manifest

Entry:decadence

Synonyms:indulgence, self-indulgence, sybaritic, epicurean, extravagance, weakness, fun-loving, for fun, for a laugh

Entry:evil

Synonyms:the Devil, satanism, black mass, the forces of darkness/evil, satanic, Old Nick, horn, Satan

Entry:two-edged

Synonyms:mixed, patchy, spotty, mixed blessing, six of one, (and) half a dozen of the other, a double-edged/two-edged sword, work both ways, the rights and wrongs of something, cut both ways

Using the thesaurus

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SYNONYMS OF THE DAY

happy© PHOTODISC

happy

feeling pleased and satisfied

Synonyms:

glad

alive

pleased

content

satisfied

contented

Browse more

TRENDING WORDS

put off

make someone not want or like something

8.4%

take up

start doing something regularly

-0.9%

take on

start to employ someone

2.5%

keen on something

interested in something and enjoying it

-3.1%

I couldn’t agree more

used for emphasizing that you agree

-10.0%

Browse more Synonyms:complicated, difficult, complex, elaborate, confused, confusing, incomprehensible, intricate, contorted, involved

Antonyms:straightforward, simple, make sense, understandable, intelligible, apparent, easy, evident, clear-cut, manifest

Entry:decadence

Synonyms:indulgence, self-indulgence, sybaritic, epicurean, extravagance, weakness, fun-loving, for fun, for a laugh

Entry:evil

Synonyms:the Devil, satanism, black mass, the forces of darkness/evil, satanic, Old Nick, horn, Satan

Entry:two-edged

Synonyms:mixed, patchy, spotty, mixed blessing, six of one, (and) half a dozen of the other, a double-edged/two-edged sword, work both ways, the rights and wrongs of something, cut both ways

Using the thesaurus

Share this entry

SYNONYMS OF THE DAY

happy© PHOTODISC

happy

feeling pleased and satisfied

Synonyms:

glad

alive

pleased

content

satisfied

contented

Browse more

TRENDING WORDS

put off

make someone not want or like something

8.4%

take up

start doing something regularly

-0.9%

take on

start to employ someone

Explanation:

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3 years ago

Laura mentions that employees will come back from tea break on time because they know it will let down their fellow work mates i

cupoosta [38]

Answer:

Cooperation and trust

Explanation:

There are clear distinctions between groups and teams. A group is a set of people brought together by common interests and inevitable circumstances, while a team is a group of people working together to reach a common goal.

The responsibility in a team is evenly dispersed; although the work is not done individually, the team is acting as an individual. That means that trust has to be present among team members; we have to know we won't be let down by a team member, like we don't let down ourselves.

Trust is one of the most essential inputs for effective cooperation.

A team possessing such characteristics is highly cohesive.

6 0

3 years ago

Furniture Company manufactures tables. It has two manufacturing departments: Department A and B. The company uses a budgeted ove

motikmotik

Answer:

The total cost of Job A is $29,044

Explanation:

The computation of the total cost is shown below:

= Direct materials used for Department A + Direct materials used for Department B + Direct manufacturing labor for Department A + Direct manufacturing labor for Department B + Applied overhead for Department A + Applied overhead for Department B

where,

Applied overhead for Department A = (Budgeted manufacturing overheads ÷ machine-hours) × Department A machine hours

= ($57,500 ÷ 4,000 machine-hours) × 800 machine-hours

= $11,500

Applied overhead for Department B = (Budgeted manufacturing overheads ÷ Direct labor hours) × Department B Direct labor hours

= ($62,500 ÷ 8,000 Direct labor hours) × 300 Direct labor hours

= $2,344

The other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= $3,250 + $1,350 + $5,250 + $5,350 + $11,500 + $2,344

= $29,044

8 0

3 years ago