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Marianna [84]
3 years ago
7

Corey deposits $1,000 in a savings account that pays an annual interest rate of 5 percent. Over the course of ayear, the inflati

on rate is 1.7 percent. At the end of the year, Corey hasa. $17 more in his account, and his purchasing power has increased by $10.b. $30 more in his account, and his purchasing power has increased by $50. c.$40 more in his account, and his purchasing power has increased by $33. d. $50 more in his account, and his purchasing power has increased by $33.
Business
1 answer:
Mila [183]3 years ago
7 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Corey deposits $1,000 in a savings account that pays an annual interest rate of 5 percent. Throughout a year, the inflation rate is 1.7 percent.

<u>I will separate the answer in two different calculations. First, compute the nominal increase. Then, determine the real increase in purchasing power:</u>

Nominal increase= 1,000*0.05= 50

Real increase= (1,000*0.05) - (1,000*0.017)= $33

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svetlana [45]

Answer: $12,000

Explanation:

As no production has been started yet, no other costs have been incurred by Naples for the equipment other than the $12,000.

The lowest price that Tebit should offer therefore should be the price that the equipment was purchased for as the equipment has not not been used to produce anything and so has not incurred any variable costs or donated any incremental value that would decrease or increase its value.

7 0
3 years ago
Mackie Services operates a website that links experienced statisticians with businesses that need data analyzed. Statisticians p
jasenka [17]

Answer:

d. Revenue of $375

Explanation:

The amount paid by the Vetmed associates is an expense for associates

The amount received by statisticians is a revenue for them

Mackie Services an intermediate between the two and so, the percentage amount received by Mackie Services is a revenue

Mackie's income statement would include a revenue of:

= Amount paid to statisticians * % Received

= $1,500 * 25%

= $375

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3 years ago
______is the satisfaction or value people extract from consumed services or goods and those derived from pursued activities. A.
Mars2501 [29]

Answer:

utility

Explanation:

;/

7 0
3 years ago
Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. Given this fo
zimovet [89]

Barcelona demands a certain level of quality and the organization is continuously raising the bar on expectations. The individual that would be best fit for working at Barcelona is the person with Strong Type B personality

Answer: Option (d) is correct

Explanation:

Type B personality people are fit for working in Barcelona. They are the ones who are stress- free. They have control over their emotions. They are mostly relaxed and not at all aggressive.

They can comfortably express them without any kind of hesitation. They possess patience which is of utmost importance in any field. Their flexible nature enables them to adapt to changes quickly. They are highly motivated but have laid back attitude.

8 0
3 years ago
The demand for textbooks is Q = 200 – P + 25 U – 50 P beer. Assume that the unemployment rate U is 8 and the price of beer P bee
Readme [11.4K]

Answer: -0.5

Explanation:

Based on the information given, the price elasticity of demand will be calculated as follows:

= dQ/dP × P/Q

where,

dQ/dP = -1

P = 100

Q = 200 – P + 25 U – 50 P beer

Q = 200 - 100 + 25(8) - 50(2)

Q = 200 - 100 + 200 - 100

Q = 200

Therefore, dQ/dP × P/Q

= -1 × (100/200)

= -1 × 1/2

= -1 × 0.5

= -0.5

The price elasticity of demand is -0.5.

4 0
3 years ago
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