Answer:
1. 1,89%
2. 3,85%
3A. A Lower real rate will be obtained, and Harry is in worse off position
3A. A Higher real rate will be obtained, and Harry is in better off position
Explanation:
Real Interest Rate is the <em>Nominal Return </em>that has been adjusted with the Inflation rate.
The effect of the inflation is to reduce the value of money over time.
If Inflation rate was 6%
Real Interest Rate = ( 1 + nominal return) / (1 + Inflation rate) - 1
= ( 1 + 0.08) / ( 1 + 0.06) - 1
= 0.0189 or 1,89%
If Inflation rate was 4%
Real Interest Rate = ( 1 + nominal return) / (1 + Inflation rate) - 1
= ( 1 + 0.08) / ( 1 + 0.04) - 1
= 0.0385 or 3,85%
Answer:
Tariffs and import quotas generally reduce economic welfare.
Explanation:
The vast majority of economists (over 90% according to the University of Chicago) agree that tariffs and import quotas generally reduce economic welfare. This is perhaps the normative statement in which economists agree the most.
The reason why is because tariffs and import quotas only benefit a small fraction of domestic producers, to the dismay of a larger number of consumers who end up having to pay higher prices for consumer goods.
Answer:
$18,000
Explanation:
Given data for Taylor Company;
Salaries payable at the beginning of 2015 (end of 2014) = $18,000
Salary expense during the year (2015) = $50,000
Salaries paid during the year = $50,000
Salary payable at end of year (2015) = ?
Let the salary payable at end of year= S
Using the formula
Salaries payable at the beginning of the year + Salary expense during the year - Salaries paid = Salary payable at end of year
$18,000 + $50,000 - $50,000 =S
S = $18,000
Salaries payable as at December 31, 2015 is $18,000.
The amount of total unemployment taxes the employer must pay on this employee's wages is $ 420
=(0.006 x 7,000 = 42)+(0.054 x 7,000 = 378)
=42 + 378 = 420
What does the Federal Unemployment Tax Act FUTA do?
The Federal Unemployment Tax Act (FUTA), which works with state unemployment systems, entitles workers who have lost their jobs to unemployment benefits payments. State and federal unemployment taxes are typically paid by enterprises.
What is State Unemployment Taxes (SUTA)?
Employers are obligated to pay SUTA as a payroll tax. State unemployment insurance is another name for it (SUI). The unemployment insurance fund of a state receives these levies to provide payments to workers who have left their employers.
Learn more about Federal Unemployment Tax Act FUTA: brainly.com/question/27646312
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Answer:
C. Online News
Explanation:
When have I ever let you down.