The text states, “inflation is a type of tax.” this tax refers to when inflation occurs.

a.
a special tax on taxpayers in order for the government to balance its budget

b.
a higher nominal interest rate of a typical loan

c.
the lower purchasing power of money

d.
a higher tax rate that the government must impose

What is the equity method balance in the investment in lindman account at the end of 2018?

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?