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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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Example of globalization as internalization and liberalization
mestny [16]

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➪<u><em>Example</em><em> </em><em>of</em><em> </em><em>Liberalization</em></u><em> </em><em> </em><em>:</em><em> </em><em>-</em><em> </em><em>European Union has liberalized gas and electricity </em><em>market</em><em>.</em><em> </em>

<em>━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━</em>

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5 0
2 years ago
What type of business sells to the end consumer
Shtirlitz [24]

Answer:

business-to- consumer (B2C)

Explanation:

Commerce is a business model which typically involves the buying and selling of goods or products at a given price.

Generally, commerce comprises of four (4) business models and these are;

1. Business to Business (B2B).

2. Consumer to Consumer (C2C).

3. Business to Government (B2G).

4. Business to Consumer (B2C).

A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.

Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).

Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.

4 0
3 years ago
Myles Manufacturing Company's accounting records reflect the following inventories: Dec. 31, 2014 Dec. 31, 2013 Raw materials in
Basile [38]

Answer:

Myles Manufacturing Company

Cost of Goods Sold = $2,700,000

Explanation:

Cost of Goods Sold:

Beginning Inventory of Raw Materials = $820,000

Purchase of Materials = $900,000

Less closing inventory of Raw Materials = $620,000

Cost of Raw Materials used in production = $1,100,000

Opening WIP = $220,000

Cost of Raw Materials used in production = $1,100,000

Direct Labour = $1,000,000

Manufacturing Overhead = $960,000

Less Closing WIP = $300,000

Cost of Goods Manufactured = $2,980,000

Opening Finished Goods = $100,000

Cost of Goods Manufactured = $2,980,000

Less closing Finished Goods = $380,000

Cost of Goods Sold = $2,700,000

3 0
3 years ago
Darcy climbed into the cramped front seat of the pickup truck for a ride home just as Hakeem sped by on a shiny silver motorbike
nexus9112 [7]

Answer:

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Explanation:

4 0
3 years ago
Ospry Company has working capital in the amount of $ 1,240,000 . For the following transactions, determine whether working capit
chubhunter [2.5K]

Purchasing inventory increases your accounts payable and the inventory balance. Trade payables are part of current liabilities and inventories are part of current assets. Both the balance of current assets and current liabilities will increase and the net effect on working capital will be zero. Therefore, working capital remains the same.

Cash in bank accounts and cash, including unpaid customer checks. Securities such as US Treasury bills and money market funds. A short-term investment that the company plans to sell within one year. Accounts receivable are less a provision for accounts receivable that are unlikely to be paid.

In short, working capital is the money available to meet current short-term obligations. To ensure your working capital is working effectively, you need to calculate your current situation, anticipate your future needs, and consider how to ensure you always have enough cash.

Learn more about working capital at

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6 0
1 year ago
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