1. If inflation rises unexpectedly by 5%, indicate for each of the following whether the economic...

1. If inflation rises unexpectedly by 5%, indicate for each of the following whether the economic actor is helped, hurt, or unaffected: (2 points) a. A union member with a COLA wage contract b. Someone with a large stash of cash in a safe deposit box c. A bank lending money at a fixed rate of interest d. A person who is not due to receive a pay raise for another 11 months

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Rahul Sunny answered 1 year ago

if inflation rises unexpectedly by 5%, indicate for each of the following whether the economic actor...

if inflation rises unexpectedly by 5%, indicate for each of the following whether the economic actor is helped, hurt, or unaffected: a. A union member with a COLA wage contract b. Someone with a large stash of cash in a safe deposit box c. A bank lending money at a fixed rate of interest d. A person who is not due to receive a pay raise for another 11 months

Question1 :Which of the following about inflation is NOT true? a)With an unexpectedly high inflation rate,...

Question1 :Which of the following about inflation is NOT true? a)With an unexpectedly high inflation rate, retirees get lower pensions. b)A low inflation rate band helps reduce volatility. c)Governments gain from higher inflation rate. d)With an unexpectedly low inflation rate, lenders lose and borrowers win. Question2: Which of the disadvantages of fiscal policy is NOT true? a)Fiscal policy could take significant processing time to get approved. b)Fiscal policy sometimes over-corrects the economy. c)Fiscal policy could create a government budget deficit....

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Buddy’s Pizza is famous for making Margherita pizzas and delivers pizzas to...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Prime Pizza is famous for making Margherita pizzas and delivers pizzas to...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Buddy’s Pizza is famous for making Margherita pizzas and delivers pizzas to...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead, or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Vinny’s Pizza is famous for making Margherita pizzas and delivers pizzas to...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead, or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Vinny’s Pizza is famous for making Margherita pizzas and delivers pizzas to...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead, or period cost. (1 Mark each) Cost of grapes purchased by a winery Depreciation on pizza ovens of a pizza restaurant Salary of a plant manager in a computer production facility Depreciation of computers used in a sales department Wages of drill-press operators in a manufacturing plant Part B Vinny’s Pizza is famous for making Margherita pizzas and delivers pizzas to...

for each of the following oxides, indicate whether it is ionic or molecular and whether it...

for each of the following oxides, indicate whether it is ionic or molecular and whether it is acidic or basic. Then write a balanced equation for the reaction with the oxide and water. SO2(g), CaO(s), Li2O(s), SeO(s), P4O6(s)

3. For each of the following policies indicate whether the policy is: 1. A monetary or...

3. For each of the following policies indicate whether the policy is: 1. A monetary or a fiscal policy. 2. An active or a passive policy. 3. A policy by rules or with discretion. (4 total points, 1 point each) A. The central bank follows a policy of allowing the money supply to grow at a constant 4% per year. B. A government follows a policy of keeping government spending over a calendar year equal to government revenue over the...

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1. If inflation rises unexpectedly by 5%, indicate for each of the following whether the economic...

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if inflation rises unexpectedly by 5%, indicate for each of the following whether the economic actor...

Question1 :Which of the following about inflation is NOT true? a)With an unexpectedly high inflation rate,...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

Part A (5 Marks) Indicate whether each of the following costs would be classified as direct...

for each of the following oxides, indicate whether it is ionic or molecular and whether it...

3. For each of the following policies indicate whether the policy is: 1. A monetary or...