The rate of inflation measures the percentage increase in the price of consumer goods. the rate of inflation in the year 2014 was 2% per year. to get a sense of what this rate would mean in the long run, let's suppose that it persists through 2034. what would be the cost in 2015 of an item that costs $400 in 2014? (round your answer to the nearest cent.)

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question