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tester [92]
1 year ago
5

What is the real value of your savings if the price level increases by 6 percent for the year?

Business
1 answer:
Feliz [49]1 year ago
5 0

The real value of your savings if the price level increases by 6 percent for the year will be $5,660.

If the price level increases by 6%, then the year-end price level index would be 106.

Real value of savings = 6,000 * (100 / 106) = $5,660

The charging stage is the average of contemporary costs across the whole spectrum of products and services produced in an financial system. In extra preferred phrases, price level refers back to the rate or value of an excellent, service, or security in the financial system.

the general rate level is a hypothetical degree of average expenses for some set of products and services, in an economic system or monetary union for the duration of a given c program language period, normalized relative to some base set. Generally, the overall price degree is approximated with a each day charge index, commonly the Daily CPI.

We are able to think of this charge level for a basket of products as a popular fee index that is created from diverse items and services within the USA. For instance, the customer price index (CPI) within America is a representative rate degree for a basket of goods.

Learn more about price level here brainly.com/question/27844397

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If a government chooses a system of marketable permits as its environmental managing tool, the reduction in pollution will
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If a government chooses to do this, the reduction in pollution will TAKE PLACE IN THE FIRMS WHERE ITS LEAST EXPENSIVE TO DO SO. If a government desire to establish a marketable permit program, it must first define the pollutants that will be allowed and their overall amounts that will be permissible. Companies that will mostly participate in the program will be those that do not produce much pollutants.
4 0
3 years ago
Andy, a junior in high school, is considering his options for employment following graduation. His uncle, a master electrician,
mojhsa [17]

Answer:

Andy should look and identify his field of interest before choosing a specific career path. If she has none of preferences for his career choice then se can look for other factors to select specific career path.

Explanation:

Andy's grandfather has spend his life in building trades and he is a successful person. He thinks Andy should choose same career path as he did and he can be successful too but this is not the case. The thing can be different in this era, the preferences and nature of Andy might be different from his grand father. There are many others factors which also need to be considered as the job security, learning potential in the field, progress in career, wages and pay rise, working environment and others.

3 0
3 years ago
Sheffield Company had sales in 2019 of $1,842,400 on 65,800 units. Variable costs totaled $1,184,400, and fixed costs totaled $4
vlada-n [284]

Answer:

Assuming that no changes happened, 2020 sales and expenses should be similar to 2019's:

                                       Total                        Per unit

Total sales                   $1,842,400                   $28

Variables costs           <u>($1,184,400)</u>                  <u>($18)</u>

Contribution margin    $658,000                    $10

Fixed costs                 <u>($498,000)</u>                  <u>($7.57)</u>

Operating income       $160,000                    $2.43

5 0
3 years ago
In exchange for a share of the revenues earned on campus, State U has granted CheapFizz the exclusive right to sell soft drinks
evablogger [386]

Answer:

The correct answer is option D.

Explanation:

The price of a 12 ounce can of CheapFizz is 75 cents.

After a deal with State U, CheapFizz gets exclusive rights to sell soft drink on the campus.

This makes CheapFizz a monopoly firm.

A monopoly firm is a price maker and produces at the point where the marginal cost is equal to marginal revenue. At this point the output level is lower than socially optimal and the price level is higher than socially optimal.

This means that the price of CheapFizz cans will be more than 75 cents after the deal.

5 0
3 years ago
A minnesota statute required all operators of slow-moving vehicles to display a fluorescent red triangular sign. henderson, an a
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<span>The court most likely found that the statute, as it applied to Hershberger, was unconstitutional under the free exercise clause since the state argued that the law applied to all equally and Hershberger stated that he was willing to display the sign if he could use silver, instead of red, reflective tape, which was equally effective. </span>
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3 years ago
Read 2 more answers
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