Rate of inflation
If the price index was 110 last year and is 121 this year, Calculate this year’s rate of inflation? Determine the “rule of 70”? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 % per year?
Expert
This year’s rate of inflation is 10% or [(121 – 110)/110] ´ 100.
Dividing 70 by the annual percentage rate of rise of any variable (for example, the rate of inflation or population growth) will give the approximate number of years for doubling of the variable.
Provide three examples of mutually exclusive projects. Mutually exclusive projects are projects which compete against each other for our selection. If firm were considering the purchase of new computer, requiring only one computer, then the pro
Administratively Established Positions: The positions authorized by the Department of Finance throughout a fiscal year that were not comprised in the Budget and are essential for workload or administrative reasons. These positions fin
Please complete the midterm exam independently. Don't discuss it with other students in the class. Please email me if you have any clarifying questions. <
Normal 0 false false
Judgments: It is generally refers to decisions made by courts against the state. The payment of judgments is subject to a range of controls and procedures.
Investment Management: It has two general definitions, one associating to advisory services and the other associated to corporate finance. In the initial instance, a financial advisor or services company gives inve
What did the Emergency Banking Act do?
Bill: It is a draft of proposed law represented to the Legislature for performance. (A bill has bigger legal formality and standing than a resolution.) OR An invoice, or document statement, of an amount owing for s
18,76,764
1948853 Asked
3,689
Active Tutors
1422042
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!