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Angelina_Jolie [31]
2 years ago
8

During hyperinflation, the value of money: Multiple choice question. falls slowly rises slowly does not change falls rapidly ris

es rapidly
Business
1 answer:
Vinil7 [7]2 years ago
8 0

The value of money grows fast during hyperinflation.

Hyperinflation is defined by fast and unrestricted price rises in an economy, generally at rates greater than 50% per month over time. In times of war and economic turbulence in the underlying manufacturing sector, along with a central bank creating an excessive quantity of money, hyperinflation can arise.

As essential items such as food and gasoline become limited, hyperinflation can cause price increases.

While hyperinflations are uncommon, once they start, they may quickly spiral out of control.

Therefore, the correct option is rises rapidly.

To know more about hyperinflation click here:

brainly.com/question/1297747

#SPJ4

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KaiLynn has total job benefits of $41,000 per year in her sales job. She pays $63 each month for a cell phone for work. She is a
alukav5142 [94]

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

=$41,000 - $1696

= $39,304

$39,304 was her total employment compensation.

7 0
3 years ago
The older term, social service, referred to advancing human welfare. The new term, meaning to provide for the needs of various p
Mazyrski [523]

Answer:

Social welfare

Explanation:

The term <u><em>“social welfare”</em></u> does not have a precise definition. Currently, social welfare refers to a wide range of activities and services by volunteers, non-profit organizations and governmental agencies providing help to needy persons unable to care for themselves; activities and resources designed to enhance or promote the well-being of individuals, families and the larger society; and efforts to eliminate or reduce the incidence of social problems

8 0
3 years ago
Rachel entered into a contract to purchase a 2004 Dodge from Hanna, who lived in the neighboring apartment. When a dispute arose
Genrish500 [490]

Answer:

Hanna is correct.

Explanation:

The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants.  Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars.  Therefore, the case should be adjudicated under the common law.  What has taken place in this instance is the exchange of a personal asset.  Hanna cannot make a trading profit from the sale, but a capital gain.  Rachel is not correct.

8 0
2 years ago
Gold Company was experiencing financial difficulties, but was not bankrupt or insolvent. The National Bank, which held a mortgag
Fiesta28 [93]
The answer would be
5 0
3 years ago
The current spot exchange rate is $1.55 = €1.00; the three-month U.S. dollar interest rate is 2 percent. Consider a three-month
Elan Coil [88]

Answer:

The least that this option should sell for is $3,125.

Explanation:

Acording to the data, we have the following:

The current spot exchange is $1.55=€1.00

The call option has a strike price of $1.50=€1.00 and spot price is €62,500

Hence,to calculate  the least value this option should sell for we have to calculate the following:

$1.55-$1.50=$0.05

Hence, $0.05*62,500= $3,125.

8 0
3 years ago
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