All categories

4 years ago

According to the wealth effect, when prices decrease, the purchasing power of assets and consumer spending___.

1 answer:

8 0

According to the wealth effect, when prices decrease, the purchasing power of assets increases and consumer spending increases.

You might be interested in

A Rhode Island company produces communion wafers for churches around the country and the world. The little company produces a lo

Furkat [3]

Answer:

80,640 wafers

Explanation:

Calculation to determine How many wafers does the cooling tube hold on average when in production

Using this formula

I = R x T

Where,

R = 112 wafers per second x 60

R = 6720 wafers per minute

T = 12 minutes

Let compute for I using the formula aboi

I = 6720 x 12

I = 80,640 wafers

Therefore How many wafers does the cooling tube hold on average when in production are 80,640 wafers

6 0

3 years ago

The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,

Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

To calculate the net present value (NPV), we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

Now, the NPV:

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0

3 years ago

Managers are constantly seeking out new tools to meet new challenges. Indicate whether today’s manager’s are more or less aware

Galina-37 [17]

Answer:

Customer relationship management system (CRM)

Explanation:

A CRM system is what keeps the customer coming back. Instead of targeting each customer with a default bundle of products that are trending, the customer relationship management system tracks down the customer's habits and preferences, creating a tailor-made approach. Every customer is different in things he/she wants to buy. This way, marketing gets more customized and customer statistics generates better reports (more insight for the long-term).

7 0

3 years ago

Jacob has built up a wide network of contacts, clients, and local business neighbors since moving to Central City five years ago

Nata [24]

Answer:

The answer is network.

Explanation:

Network is a way of interacting with others to exchange some information or establish social contacts. Since Jacob has built up a wide range of contacts, clients, and local business neighbors over the years as mentioned in the statement, he will generally leverage on the network he has developed with these individuals as he intend to move to another phase of his career.

7 0

3 years ago

Read 2 more answers

________ is an on margin purchase. Answer A cash stock purchase Buying stock on credit. Buying goods on credit none of the above

Nataly_w [17]

Buying stocks on credit. because you're borrowing capital from a broker to buy stocks

8 0

4 years ago

According to the wealth effect, when prices decrease, the purchasing power of assets ________ and consumer spending___________.

According to the wealth effect, when prices decrease, the purchasing power of assets and consumer spending___.