Suppose a new employee is promised a pension payment of $8000 in the twenty-fourth year after joining the firm. The current pension contribution is $2000 a year. Assuming a six percent rate of return, this pension plan is said to be

Unpredictable inflation can cause businesses to:

A. increase production due to expecting future price level changes. B. restrict output and stockpile inventory. C. have a hard time planning future production. D. cease production until they know how to adjust for inflation.

Which of the following correctly ranks the amounts from smallest to largest?

A. Total output, average labor productivity, output per person B. Output per person, average labor productivity, total output C. Output per person, total output, average labor productivity D. Total output, output per person, average labor productivity