<span>People who want to obtain credit from financial institutions can
use their property rights to do so.</span>
The concept of this
sentence means that if people want to loan from banks or other financial
institutions, they can use their properties as collateral or to guarantee that
they will be able to repay their loan or credit.
4% is the percent change in real income.
What is the meaning of real income?
Real income, also known as real pay when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account. To have the best knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income.
What is meant by nominal income?
Nominal income is money that hasn't been adjusted for inflation-related changes in buying power, or how much one can buy with that money.
What Is Price Level?
The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.
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Answer:
Break-even Sales in Dollar = $240,000
Explanation:
The Breakeven is the level of activity that a business must operate to in order to cover its total costs. It denotes the minimum number of customers or quantity of product that a business must serve or produce inorder for its profit to be equal to zero.
At the break-even point, the busine<em>ss makes no profit or loss because the total revenue equals the total costs.</em>
It is calculated as follows:
Break-even Points (in sales revenue) = <u>Total Fixed cos</u>t
contribution margin
Panera Bread must sell box of bagels worth:
Break-even = 150,000/ 62.5%
= $240,000
Answer:
C. To better maintain their purchasing power.
Explanation:
While having a better PPP it results in various kind of business for the international market also the Venezuela country wants to make the full usage while using the U.S dollar on the whole
So here option C provides the best explanation as it is mentioned that if the purchasing power is maintained than it would be better
Therefore the correct option is C.