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LekaFEV [45]
2 years ago
12

Jack recently took out a loan from Diane at an interest rate of 4 percent. Diane expected this year’s inflation rate to be 1 per

cent and the real interest rate to be 3 percent. The loan is due at the end of this year. Complete the table below by computing the real interest rate for each possible inflation rate. For each situation, determine whether the unexpected inflation level benefits Jack or Diane.
Business
1 answer:
defon2 years ago
5 0

The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,

  1. When inflation is 1 percent, Diane will benefit more than Jack;
  2. When inflation is 0 percent; Diane will benefit more than Jack;
  3. When inflation is 4 percent; Jack will benefit more than Diane;
  4. When inflation is -2 percent; Diane will benefit more than Jack.

<h3>What is inflation?</h3>

A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.

The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.

Hence, the significance of inflation is as mentioned.

Learn more about inflation here:

brainly.com/question/15692461

#SPJ1

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Jase Manufacturing Co.'s static budget at 7,800 units of production includes $39,000 for direct labor and $3,120 for electric po
Orlov [11]

Answer:

Option A. Variable costs of $56,700 and $43,900 of fixed costs

Explanation:

Given:

Jase Manufacturing Co.'s static budget at 7,800 units of production includes;

Direct labor = $39,000

Electric power = $3,120

Total fixed costs= $43,900

Variable costs = [$(39,000 + 3,120) ÷ 7800] × 10,500= $56,700

Fixed costs = $43,900

8 0
3 years ago
Under IRS rules, if a customer selling shares of stock wishes to use specific identification instead of FIFO for cost basis repo
Eddi Din [679]

Answer:

Settlement Date

Explanation:

The broker is expected to be notified on the date which the cash or assets has been transferred has been completed. The settlement date simply refers to the date that the trade or sales of shares of stock settles, and thus when using specific identification rather than FIFO, the broker dealer must be notified no later than the settlement date for cost basis reporting.

7 0
3 years ago
Mention the required qualification to become a section officer.​
Dmitrij [34]

The minimum required qualification to become a section officer is the Bachelor's Degree from the prestigious University with at least 50% marks.

<h3>Who is a section officer? What is the qualification needed to become a section officer?</h3>

A section officer is any person appointed to the initial position of the government who handles the position of in-charge of a section, branch, or sub branch.

The qualification needed to become a section officer is bachelor's degree from the recognized university in any course.

One must have to clear the Inter-Department Test which is conducted by the UPSC to become a section officer.

Learn more about how to become a section officer here:-

brainly.com/question/4227886

#SPJ1

8 0
2 years ago
Gross Investment 18
kkurt [141]

Answer:

c) $75.

Explanation:

<u>The disposable income is the amount of personal income after taxes</u>

we can solve for taxs using the savings identity:

<em>Savings = Private Savings + Public Savings</em>

where:

Private savings: personal income - personal consumption

and Public Savings = taxes - government spending

We plug the value in the formula and solve for T

5 = 85 - 70 + T - 20

5 = T - 5

T = 10

Now, we derive personal income:

85 income - 10 taxes = 75 disposable income

5 0
3 years ago
What's the appropriate response to receiving a talk about breaking a rule?
Marizza181 [45]

Answer:

Listen, dont be disrespectfull, and learn from it

Explanation: Dont dig a deeper hole

5 0
3 years ago
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