Answer:
True
Explanation:
The charter is the authorization for a bank to start its operation. This document is received by each state in which the bank operates.
The consumer price index, or cpi, has the following formula:
Let's compute the real base period price for the cpi today.
Base Period Price = $9.2
Then, we compare the apparent with the real:
Real Base Period: $11 - $9.2 = $1.8
Apparent Base Period: $11 - $10 = $1
Real > Apparent, thus your real wage rate has increased since 2005.
Answer:
The answer is "Option C".
Explanation:
The Costs of production relate to the price of a company producing or producing a service, which can include the range of expenditures, like labor, manufactured goods, supplies of items, and expenses. It has mainly four steps that can be defined as follows:
- Complete the physical unit flow.
- Measure the production unit's equivalent.
- Compare the value per unit for output equivalent.
- Assign costs to finished units and manufactured units.
Answer:
The correct answer is option b.
Explanation:
Inflation can be defined as a sustained increase in the general price level. Inflation causes the purchasing power of money to erode. The value of cash balances gets reduced.
This causes the real income of workers to get reduced as well. However, a worker will not be harmed by inflation if his/her employment contract includes a cost of living adjustment clause.
This clause will cause the payments made to the workers to increase if there is an increase in the cost of living index.
Answer:
The similarities and dissimilarities between traditional and improved oven is described below in details.
Explanation:
Both varieties of ovens look identical, and both can be gas or electrical. The distinction between them is that the origin of heat under a conventional oven is fixed and rises up from the ground. The heat from a convection furnace is travel by blowers, so the air travels all over the interior of the oven.
In a convection oven, the hotness is scattered equally all nearby the meal. Expert meal makers like convection furnaces because they not only prepare meals precisely, but they prepare them as much as 26 percent quicker than a conventional oven.