What document is a roadmap to help the facility executives reach the facility's goals?

Inflation is undesirable because it: Multiple Choice always makes the nation poorer. redistributes income from those who can rai

Firlakuza [10]

Inflation is undesirable because it redistributes income from those who can raise prices to those who cannot.

<h3>What is inflation?</h3>

In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
A general increase in prices over time diminishes customers' purchasing power because a constant quantity of money will eventually allow for less consumption.
Whether inflation is running at 2% or 4%, consumers still lose purchasing power; the higher inflation rate only doubles that loss.
Those interest rates that are fixed for the duration of the loan, won't fluctuate in line with inflation.

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8 0

2 years ago

What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges? Assume

Mamont248 [21]

The annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges is $9. Read below about the analysis of the annual opportunity cost of a checking

<h3>What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges?</h3>

The calculation goes thus;

Annual opportunity cost = Minimum balance × Interest rate

= $300 × 0.03

= $9

Therefore, the correct answer is as given above

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7 0

1 year ago

SAT scores generally fall _____ points above or below a student's true ability.

qwelly [4]

The correct answer for this question is this one: "D.30 to 40." SAT scores generally fall 30 to 40 points above or below a student's true ability. SAT <span>is a standardized test widely used for college admissions in the United States. </span>

7 0

2 years ago

Read 2 more answers

Calculate the presentvalue of $5,000 received five years from today if your investments pay a. 6 percent compounded annually b.

kaheart [24]

Answer:

Given:

Amount = $5000

Tenure = 5 years.

Future value = $Present value\times (1+r)^{n}$

where

n is number of periods

r is rate per period.

(a) 6% compounded annually.

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000 $(1+0.06)^{5}$ = 5000 × 1.33823 = $6691.15

(b) 8% compounded annually

Interest is compounded annually

No of periods in 5 years = 5

Future value =5000 $(1+0.08)^{5}$ = 5000×1.46933 = 7346.65

(c) 10% compounded annually

Interest is compounded annually

No of periods in 5 years = 5

Future value = 5000 $(1+0.10)^{5}$ = 5000×1.61051 = $8052.55

(d) 10% compounded semiannually

Interest is compounded semiannually

No of periods in 5 years is 5*2 = 10

Rate per period = 10÷2 = 5%

Future value =5000 $(1+0.05)^{10}$ = 5000×1.62889 = $8144.45

(e) 10% compounded quarterly

Interest is compounded annually

∴No of periods in 5 years = 5×4 = 20

Rate per period = 10÷4 = 2.5

Future value = 5000 $(1+0.025)^{20}$ = 5000×1.63862 = $8193.10

5 0

2 years ago

Pessimism Suppose the economy is in long-run equilibrium. Then because of corporate scandal, international tensions, and loss of

VladimirAG [237]

Answer:

The correct answer is option C.

Explanation:

Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.

All of this causes aggregate demand to decline. The aggregate demand curve moves to the left. This leftward shift causes both the quantity of output and price to fall. As output fall real GDP will decline as well.

3 0

3 years ago