1. consider the following hypothetical data for 2015 and 2016: 2015 2016 money supply 1,000 1,050 velocity 8 8 real gdp 12,000 12,000 a. find the price level for 2015 and 2016. what is the rate of inflation between the two years? b. what is the rate of inflation between 2015 and 2016 if the money supply in 2016 is 1,100 instead of 1,050? c. what is the rate of inflation between 2015 and 2016 if the money supply in 2016 is 1,100 and output in 2016 is 12,600?

Allen's office department manufactures computer desks in its​ moosejaw, saskatchewan, plant. the company uses activity based costing to allocate all manufacturing conversion costs​ (direct labour and manufacturing​ overhead). its activities and related data​ follow: ​(click the icon to view the activity areas and related​ data.) requirements 1. compute the​ per-unit manufacturing product cost of standard desks and unpainted desks. 2. premanufacturing​ activities, such as product​ design, were assigned to the standard desks at $ 5 each and to the unpainted desks at $ 2 each. similar analyses were conducted of postmanufacturing​ activities, such as​ distribution, marketing, and customer service. the postmanufacturing costs were $ 31 per standard and $ 26 per unpainted desk. compute the full product costs per desk. 3. which product costs are reported in the external financial​ statements? which costs are used for management decision​ making? explain the difference. 4. what price should allen's managers set for standard desks to earn a $ 52 profit per​ desk?