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Taya2010 [7]
2 years ago
15

Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased fr

om 4.8% to 6.2%. The sacrifice ratio is:______
a. 2
b. 1
c. 0.5
d. none of the above
Business
1 answer:
andreyandreev [35.5K]2 years ago
6 0

Answer:

Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______

d. none of the above

Explanation:

a) Data and Calculations:

Old inflation rate = 3%

New inflation rate = 1.6%

Old unemployment rate = 4.8%

New unemployment rate = 6.2%

Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625

Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258

Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)

b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.

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"Have you considered paying workers for what they produce? I found that when I paid employees by the piece, their productivity w
madam [21]

Answer:

This a "scientific management" also known as Taylorism . The main approach of this school is reduce the waste to minimal and optimize workforce. Paying an employee per production will be a taylorism approach since you only pay for the effective production and if the employee wants to earn more money, the employee will have to improve his productivity in order to produce and earn more.

Explanation:

7 0
3 years ago
Taylor has a retirement account that pays 4% per year compounded monthly. Every month for 20 years, Taylor deposits $444, with t
cupoosta [38]

Answer:

Taylor can withdrawn 1,374.20 dollars each month

Explanation:

Timeline:

deposits of 444 for 20 years =   withdrawals of X for 15 years

   <-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->

We must calcualte amount to satisfy:

future value of his deposits = present value of his withdrawals

   

We first need to get the future value of the retirement account

and then the PMT this fund can do.

<u>deposits future value:</u>

C \times \frac{(1+r)^{time} -1}{rate} = FV\\

C $ 444

time    240 (20 years x 12 months er year)

rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)

444 \times \frac{(1+0.003333333)^{240} -1}{0.003333333} = FV\\

FV $162,847.9340

<u>withdrawals PMT:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $162,847.93

time 180

rate 0.005

162847.93 \div \frac{1-(1+0.005)^{-180} }{0.005} = C\\

C  $ 1,374.203

6 0
3 years ago
According to the IS–LM model, if Congress raises taxes but the Fed wants to hold income constant, then the Fed must ______ the m
abruzzese [7]

Answer:

Increase

Explanation:

Population net income consists of the difference between labor income and expenditure. If the government adopts a contractionary fiscal policy, that is, increases taxes, the net income of the population will decrease, since part of the income will be directed to the payment of taxes. For the Fed to compensate for this decline in income, an expansionary monetary policy will have to be adopted, ie the Fed must act to stimulate the population's income. The increase in money supply has the effect of warming the economy in the form of higher demand and higher wages. This is the form of compensation between two different policies, one contractionist and one expansionist.

6 0
3 years ago
Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs. This is an
Anarel [89]

Answer: product differentiation

Explanation:

From the question, we are informed that Intel achieved success by using the "Intel Inside" advertising campaign and logo that appears on many brands of PCs.

This is an example of a barrier to entry which is known as product differentiation. Poduct differentiation is when a company makes its product different from other similar products so that the product will be more attractive and unique from others.

7 0
3 years ago
Oriole Company sells merchandise on account for $7800 to Sunland Company with credit terms of 2/13, n/30. Sunland Company return
Stella [2.4K]

Answer:

a. $6468

Explanation:

Calculation for the amount of the check

Based on the information given we were told that Oriole Company sells merchandise on account for the amount of $7800 to Sunland Company with credit terms of 2/13, n/30 in which Sunland Company returns the amount of $1200 of merchandise that was damaged which means that the amount of the check will be calculated as:

Amount of the check=[($7,800 - $1,200) *(100%-2%) ]

Amount of the check=$6,600*0.98

Amount of the check=$6,468

Therefore the Amount of the check will be $6,468

7 0
2 years ago
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