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Elena L [17]
2 years ago
5

What type of living cost in the u. S. Rose a record 17 percent over the last year, as home prices and construction costs surged

more than 19 percent?.
Business
1 answer:
qwelly [4]2 years ago
7 0

The living cost that has risen by 17% in the past year as a result of home prices rising is <u>Rent</u>.

<h3>How have prices changed?</h3>

As the nation rebounds from the pandemic and is on a strong spending spree, home prices and construction costs have risen by more than 19%.

The result of this is that rent has increased by 17% in the past year as homeowners seek to recoup the cost of home construction.

In conclusion, the living cost of rent has risen by 17%.

Find out more on rising prices at brainly.com/question/17978107.

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Mary purchased a home in year 1 for $200,000. She made a 20-percent down payment and financed the rest with a 15 year loan at si
Serjik [45]

Answer:

If Mary decides to itemize her deductions, she can deduct $11,000 from her gross income (= $9,600 + $1,400).

Explanation:

For 2019, Mary can deduct mortgage interests from her first loan and the interests from her home equity loan as itemized deductions. Deductions are available for mortgage debt and other home equity loans up to $500,000 for single filers and $1,000,000 for married joint filers.

8 0
2 years ago
A farmer sells a bushel of corn to the supermarket for $12. The supermarket then sells the corn to customers for $25. What is th
allsm [11]

Answer:

$ 25

Explanation:

As per the description, the exact amount that is being contributed from the corn bushel to the Gross Domestic Product would be $ 25. The price at which the farmer sold it to the supermarket would not be included in the GDP because it would be considered as an intermediary good because the good purchased for the resale purpose is not included in GDP as it leads to double-counting. Thus, <u>only the price of the final good i.e. $ 25 would be included in GDP as it will now be used for final consumption by the customers</u>.

6 0
3 years ago
____________ helps to preserve the relationship between workers and management because it helps them listen to the other side.
Ne4ueva [31]

Answer:

The correct answer is letter "C": Mediations.

Explanation:

Mediations are alternative methods to solve conflicts that have the inherent goal of reaching an integral solution of the conflict for the parties involved avoiding to take the problem to court. During the mediation, the parties involved express their demands and a mediator comes to the best conclusion that benefits the parties as equal as possible.

6 0
3 years ago
Jacob Co. sells merchandise on credit to Isaiah Co. for $8,600. The invoice is dated on May 1 with terms of 1/15, net 45. What i
Kryger [21]

Answer:

The discount is for $86

It will be available until May 16th

Explanation:

the credit terms are 1/15, net 45

the first numebr is the discount amount, 1%

the second number is the days after billing this discount option is active, 15

net 45 means the customer can pay the nominal 8,600 within a 45 days period. After that it should renegociate the bill

The discount will be 8,600 x 1% = 8,600 x 0.01 = 86

It will be available up to 15 days after billing:

May 1st + 15 days = May 16th

4 0
2 years ago
How do monopolistic competitors try to make their products stand out?
BlackZzzverrR [31]

Answer:

They lower their prices.

Explanation:

As a<u><em> monopoly is stablished</em></u> then the next step is to<u><em> reduce prices </em></u>when competitors try to enter the market so they remain being the company with the biggest<u><em> share of the market. </em></u>

6 0
3 years ago
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