Answer:
$29.70
Explanation:
The computation of the per hour pay is shown below:
= Wages × (1 + total raise)
where,
Wages is $28.15
And, the total raise would be
= 1 + (0.5% + 5%)
= 1 + 5.5%
= 1 + 0.055
= 1.055
Now put these values to the above formula
So, the value would equal to
= $28.15 × 1.055
= $29.70
We simply multiplied the wages by the total raise percentage
Answer:
No
Explanation:
This does not violate the expenditure = output identity because this idenity says that goods-in-stock /unsold goods produced and ready for sale but not yet sold (inventory) are also a part of output, which if sold in the next accounting period, would still be calculated as sale in the current period, since it is the sale of output produced in the current year.
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Answer:
1.90%
Explanation:
For TIPS provide rate of real rate,
Inflation rate=return on T bond-return on TIPS-maturity risk premium and it is equal to
= 5%-2.10%-1%=1.90%.
Therefore the expected rate of inflation over the next 10 years is 1.90%