Answer:
(b) purchase contract with no contingencies.
Answer:
It would harm the union and benefit the Friendly Airlines
Lower
high transaction costs
Explanation:
Inflation is the persisistent rise in general price level.
The total increase in income is 7% due to a 2% increase in real income and an expectation of 5% inflation.
Instead, if inflation turn out to b 6%. Increase income ought to be 8% and not 7%.
Hence the union losses and the company gains because they would be paying less than they ought to pay.
Real wages is lower as a result
I hope my answer helps you.
Money's advantage over other financial assets is that it has less fluctuating value, is more accessible, no extra charges.
- Money's value don't fluctuate much with market unlike stocks , real estate etc hence it's more reliable.
- You can't trade anytime or instantly with other financial assets as they first need to be liquidated and liquidating funds from these assets can take from days to even months and years in some cases. Hence they're less accessible.
- There are many other taxes and charges in purchase and sell of other financial assets . eg- Brokerage charge in stocks , sales tax in selling of gold , capital gain tax on real estate.
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The way that the client is going to benefit from the use of Accenture's block chain technology is that it would have high security and also ensure transparency.
<h3>What is block chain technology?</h3>
This is a digital ledger that is known to store transactions in a way that is connected to a peer to peer network.
The block chain technology is one that is secure and it is alo transparent to all on the network.
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