In august, 1979, the annual rate of inflation in the u. s. was nearly 12%, and the u. s. short-term nominal interest rate was nearly 10%. over the next 35 years, both the rate of inflation and short-term nominal interest rate tended to fall. by august 2014, the rate of inflation was about 2% and the short-term nominal interest rate was close to 0%. how has the real short-term interest rate changed from 1979 to 2014? a. the real rate remained stable at minus−2%. b. the real rate declined by 10%. c. the real rate increased by 10%. d. the real rate remained stable at 2%.

What tax is paid by the most people in the united states

Kubin company’s relevant range of production is 18,000 to 22,000 units. when it produces and sells 20,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 7.00 direct labor $ 4.00 variable manufacturing overhead $ 1.50 fixed manufacturing overhead $ 5.00 fixed selling expense $ 3.50 fixed administrative expense $ 2.50 sales commissions $ 1.00 variable administrative expense $ 0.50 required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 20,000 units? 2. for financial accounting purposes, what is the total amount of period costs incurred to sell 20,000 units? 3. for financial accounting purposes, what is the total amount of product costs incurred to make 22,000 units? 4. for financial accounting purposes, what is the total amount of period costs incurred to sell 18,000 units?

Dakota company experienced the following events during 2016. 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provided services for $20,000 cash. 5. paid $1,000 cash for utilities expense. 6. paid $15,000 cash for other operating expenses. 7. paid a $2,000 cash dividend to the stockholders. 8. determined that the market value of the land purchased in event 2 is now $12,700