Lew jewelry co. uses gold in the manufacture of its products. lew anticipates that it will need to purchase 500 ounces of gold in october 2017, for jewelry that will be shipped for the holiday shopping season. however, if the price of gold increases, lew's cost to produce its jewelry will increase, which would reduce its profit margins. to hedge the risk of increased gold prices, on april 1, 2017, lew enters into a gold futures contract and designates this futures contract as a cash flow hedge of the anticipated gold purchase. the notional amount of the contract is 500 ounces, and the terms of the contract give lew the right and the obligation to purchase gold at a price of $300 per ounce. the price will be good until the contract expires on october 31, 2017.

The text states that the committee “expects inflation to rise gradually toward 2% over the medium term as the labor market improves further….” why would the fomc expect inflation to rise because of improvements in the labor market?

According to the u. s. census bureau (), the median household income in the united states was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $57,230 in 2015. in purchasing power terms, how did family income compare in each of those four years? you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 237.0 in 2015

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)