Since their is no choices he shouldn’t never touch the money and keep adding cash it increase it over time.
Answer:
The correct answer is option b.
Explanation:
Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.
A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as
- Demand-pull inflation
- Cost-push inflation
There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.
Answer:
40%
Explanation:
The Dean company have a sales of $500,000
The break-even point in sales dollar is $300,000
Therefore, the company's margin of safety can be calculated as follows
Margin of safety= Sales-break-even sales/sales
= $500,000-$300,000/$500,000
= $200,000/$500,000
= 0.4×100
= 40%
Hencethe company's margin of safety percentage is 40%
Answer:
Time, t = 10 seconds.
Explanation:
<u>Given the following data;</u>
Initial velocity, u = 10 m/s
Final velocity, v = 30 m/s
Acceleration, a = 2 m/s²
To find the time, we would use the first equation of motion;
Where;
- v is the final velocity.
- u is the initial velocity.
- a is the acceleration.
- t is the time measured in seconds.
Making time, t the subject of formula, we have;
Substituting into the equation, we have;
<em>Time, t = 10 seconds.</em>
