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PilotLPTM [1.2K]
2 years ago
10

You’ve been invited to help a foreign affiliate of your company set next year’s prices. Inflation last year was 5%, the unemploy

ment rate dropped to record lows, and GDP sky-rocketed. In addition, geopolitical tensions led the price of crude oil to rise by 50%. Given these circumstances, what do you think annual inflation will be next year? The most likely rate is below 5%. 0%. above 5%. 5%.
Business
1 answer:
kogti [31]2 years ago
4 0

Answer: Above 5%

Explanation:

Unemployment has dropped to record lows which means that more people are able to afford goods and services. This increase in demand will shift the demand curve to the right thereby increasing prices.

Crude oil also rose in price which means that the price of gasoline has risen as well as the price of transport which is a major component of inflation.

Given these factors, inflation is sure to rise above the 5% level of the previous year.

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John wishes to set up an account for his grandfather so that he can have some extra money each month. John wants his grandfather
jeka94

Answer:

John must invest $3719.4

Explanation:

It is given that John grandfather withdraws $120 per month for 3 year

So total month = 12 ×3 =36 months

Total amount withdrawn S = 36×120 = 4320

m = 12 times per year

Rate of interest i = 5 % = 0.05

We know that S=P(1+\frac{i}{m})^{mt}

4320=P(1+\frac{0.05}{12})^{36}

4320=P\times 1.1614

P = $3719.41

So john must invest $3719.4

6 0
3 years ago
Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion. The general price index in 2009 was 100 and in 201
ICE Princess25 [194]

Answer:

The real GDP increased by 44%.

Explanation:

The nominal GDP is the measure of economic growth which measures change in output at the current market price.

While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.

The consumer price index = Nominal GDP/Real GDP

In other words, Real GDP= Nominal GDP/consumer price index

Real GDP in 2009=\frac{100}{100}=$1

Real GDP in 2010=\frac{260}{180}=$1.44

So, the GDP growth rate will be, $(1.44-1)*100=44%

4 0
3 years ago
Which Public Health Service (PHS) organization is responsible for monitoring organizational compliance with PHS Policy?
alina1380 [7]

Answer:

correct answer is Office of Laboratory Animal Welfare (OLAW)

Explanation:

PHS (  Public Health Service ) is an agency which involves animals for use in the department of health and human service  

and (OLAW)  the Office of the Laboratory Animal Welfare is the responsible

for the monitor in compliance with Public Health Service policy and

their guidelines

and  Office of the Laboratory Animal Welfare relies very important for the animal research

so correct answer is Office of Laboratory Animal Welfare

5 0
3 years ago
Shoe Shine is a local retail shoe store located on the north side of Centerville. Annual demand for a popular sandal is 500 pair
Gnesinka [82]

Answer:

The optimal order will be of 100 units

Explanation:

We will solve this using the EOQ (economic order quantity) formula:

Q_{opt} = \sqrt{\frac{2DS}{H}}

D = annual demand 500 units

S= setup cost = ordering cost = 50.00 dollars

H= Holding Cost = 5.00 dollars

Q_{opt} = \sqrt{\frac{2\times 500 times 50}{5}}

EOQ = 100

4 0
3 years ago
Organizations known as ________ have a significant role in the economic recovery. Some start-up businesses have successfully fou
skelet666 [1.2K]

Answer:

D

Explanation:

The Community Development Financial Institutions Fund (CDFI Fund) plays a major role in causing economic growth and solutions in some of the nation’s most distressed communities. They offer tailored resources and creative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities.

Financing busineese, creating jobs building homes is a critical step in the transformation of a life, a family, and a community. This is real change. This is what the CDFI Fund does to the community.

8 0
3 years ago
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