Answer:
Winners
- The US Federal Government
- Joy
Losers
- Karen
- Herb
- 3rd National Bank
Explanation:
The US Federal Government is a Winner because Inflation in general has the effect of eroding the value of money. Generally interest rates account for this but when it is Unexpected Inflation they don't. The US government is a winner because the amount of debt they now have in real terms have decreased.
Joy is also a winner for the same reason as the US government.
Karen lost out as a result of this because her Fixed Pension does not change with inflation which means that when inflation rates go up unexpectedly she will be able to buy less goods and services.
Herb's money will lose real value as a result of inflation because like Karen, Herb will be able to buy less goods and services when inflation rises.
3rd National Bank will also lose out because they made loans that would not have accounted for Unexpected inflation. The real value that they will be owed will therefore be less and they will suffer 'real' losses.
The marginal revenue curve of an oligopolist begins to decline after 500 units of output. Which type of oligopoly does Sweezy's company most likely operate under?
A market system known as an oligopoly occurs when a small number of important sellers or manufacturers dominate a market or an industry (from the Greek words oligos, "few," and v, polein, "to sell"). The result of corporate cooperation to boost profits is typically oligopoly. Numerous industries have been identified as being oligopolistic, including commercial aviation, power providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and auto manufacturing. Because of the decreased competition, consumer prices would increase and labour earnings will decrease.
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Answer:
See the explanation below.
Explanation:
The court likely to rule in favor of Ewing.
The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.
The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.
Answer: Flying cars??
Explanation: Im 99.9% sure it will happen.
Answer:
5.93%
Explanation:
Cumulative Dividend for both (5.56+5.88) $11.44
share price for both types of preferred stock (95.55+97.5) $193.05
Cost of preferred stocks $11.44/193.05=5.93%
