Which of the following is NOT an argument for a positive rate of inflation?

A. 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 wages to fall without cuts in nominal wages.

d. It would be costly to reduce inflation to zero.

B. Throughout U.S. history, what has been the most common cause of substantial increases in

government debt?

a. recessions

b. wars

c. financial crises

d. tax cuts

C. Throughout U.S. history, what has been the most common cause of substantial increases in

government debt?

a. recessions

b. wars

c. financial crises

d. tax cuts

D. Advocates of taxing consumption rather than income argue that

a. the current tax code discourages people from saving.

b. the rich consume a higher fraction of income than the poor.

c. a consumption tax is a better automatic stabilizer.

d. taxing consumption does not cause any deadweight losses.

Calculate p(0) such that p(y) is normalised.

A PCM transmitter sends out a 12-bit serial digital signal with 5 V corresponding to a 1 and 0 V corresponding to a 0. The signal passes over a transmission….

estimate the probable number of errors if 1600 bits of information are transmitted.

Ten measurement signals are input to a multiplexer so that each one is sampled twice per second. The multiplexed signal is input to a serial digital transmitter incorporating a 10-bit….

Calculate the cost per equivalent unit of material and conversion cost for January

Calculate the cost per equivalent unit of material and conversion cost for January – using the Weighted Average Approach Units Materials Conversion Work in process January 1 2,500 50% 35%….