2.) the inflation rate unexpectedly rises from 2 to 5 percent. explain why the following people (or institutions) are or hurt: a) charles borrowed $10,000 last year, repayable over a two-year period, to buy a new car. b) ruth is an assembly line worker, whose employment is covered by a three year union contract. the contract calls for 4 percent money wage increases each year. c) keith owns stock in the company for which ruth works. d) sidra is an elderly woman who lives on her deceased husband’s pension. e) katie keeps her savings in a bank that pays a fixed 4 percent interest rate on its customers’ savings. f) the federal government has a national debt of $5 trillion.

During 2017, sheridan company expected job no. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. sheridan applied overhead based on direct labor cost. actual production required an overhead cost of $260000, $510000 in materials used, and $150000 in labor. all of the goods were completed. what amount was transferred to finished goods?

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.