Which of the following is NOT an argument for a zero rate of inflation? a. It eliminates
Question:
Which of the following is NOT an argument for a zero rate of inflation?
a. It eliminates distortions from a non-indexed tax code.
b. It encourages people to hold a greater quantity of money.
c. It reduces the menu costs that firms have to incur.
d. It stops real wages from falling if nominal wages cannot be cut.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
MCQ questions: 1. An increase in oil prices, such as the oil shocks in the 70s, lead to _______ thereby causing ________ a movement along the AS curve; cost-push inflation a leftward shift in the AS...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
11) log, 16 4X220 4 ky 13) log, 8+log, (1-4x)=log, 63 15) log, 3x-log, 5=4 12) Evaluate 2 log, 7776-log, 729 14) log, (x-6)+log, (x-5)=1 loge (x-6)+ log 6 (x-5' 16) log 9+ logx = 4
-
An automobile salesperson finds the probability of making a sale is 0.21. If she talks to 4 customers, find the probability that she will make 4 sales, is the event likely or unlikely to occur?...
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is below. Which company would you select? Justify your choice. Ratios for...
-
A person with no experience in fluid mechanics wants to estimate the friction factor for 1-in.-diameter galvanized iron pipe at a Reynolds number of 8,000 . The person stumbles across the simple...
-
Some Internet retailers track whether its customers have recently visited popular price-comparison sites. Why might these retailers offer different prices to those who have and have not recently...
-
Leadership is an evolving journey, and its effectiveness greatly depends on the chosen leadership theory and one's ability to adapt and grow as a leader. The paper presents a personal leadership...
-
Which of the following is NOT an argument for a positive rate of inflation? a. It permits real interest rates to be negative. b. It increases the variability of relative prices. c. It allows real...
-
A policy of inflation targeting a. removes the need for discretionary decision making by central bankers. b. frees central bankers from having to respond to shocks to aggregate demand. c. makes...
-
Differentiate. f (t) = 5t/t 3 t 1
-
You are given the demand and forecast history for a pillow sold at a department store. According to this, what is the 3-period weighted moving average forecast for Week 9 with weights 1,3,4? (Use the...
-
The flow of manufacturing costs through the ledger of Able Mfg . Co . during April is summarized in the following T accounts. Certain amounts have been omitted and are represented by question marks....
-
You have been asked to value the assets of a privately-held company. You used the Capital Asset Pricing Model to estimate the equity betas for every firm in the industry and then computed the average...
-
Cardinal Company is considering a five-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no salvage value. The company's discount rate is 14%....
-
1. A train traveling at a constant speed of 26.8 m/s rounds a curve of radius 255 m. A chandelier suspended from the ceiling swings out an angle 0 from the vertical throughout the turn. a. Draw the...
-
In June 2007, General Electric (GE) had a book value of equity of $117 billion, 10.3 billion shares outstanding, and a market price of $38.00 per share. GE also had cash of $16 billion, and total...
-
A circular concrete shaft liner with Youngs modulus of 3.4 million psi, Poissons ratio of 0.25, unconfined compressive strength 3,500 psi and tensile strength 350 psi is loaded to the verge of...
-
The chapter says that budget deficits reduce the income of future generations but can boost output and income during a recession. Explain how both of these statements can be true
-
What is the fundamental trade-off that society faces if it chooses to save more? How might the government increase national saving?
-
Suppose the government reduced the tax rate on income from savings and raised taxes on labor income to avoid increasing the budget deficit. a. Who would benefit from this tax change most directly? b....
-
Discuss how the psychology of the market can be used in portfolio construction and provide practical examples.
-
Does the required rate of return on a capital project affect its IRR? Why or why not?
-
Suppose that we want to transmit a digital TV signal at 4 Mbits/sec using coherent QPSK modulation scheme. Assume further that the required Eb/NO (the energy per bit to noise power spectral density...
Study smarter with the SolutionInn App