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satela [25.4K]
3 years ago
14

Determine if the people in the example have benefited (i.e., are winners) or have been harmed (i.e., are losers) by unexpected i

nflation.

Business
1 answer:
Over [174]3 years ago
8 0

Answer:

Winners

  • The US Federal Government
  • Joy

Losers

  • Karen
  • Herb
  • 3rd National Bank

Explanation:

The US Federal Government is a Winner because Inflation in general has the effect of eroding the value of money. Generally interest rates account for this but when it is Unexpected Inflation they don't. The US government is a winner because the amount of debt they now have in real terms have decreased.

Joy is also a winner for the same reason as the US government.

Karen lost out as a result of this because her Fixed Pension does not change with inflation which means that when inflation rates go up unexpectedly she will be able to buy less goods and services.

Herb's money will lose real value as a result of inflation because like Karen, Herb will be able to buy less goods and services when inflation rises.

3rd National Bank will also lose out because they made loans that would not have accounted for Unexpected inflation. The real value that they will be owed will therefore be less and they will suffer 'real' losses.

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Brief Exercise 22-09 Kaspar Industries expects credit sales for January, February, and March to be $211,000, $270,600, and $315,
aniked [119]

Answer:

Results are below.

Explanation:

Giving the following information:

Credit sales:

January= $211,000

February= $270,600

March= $315,300

It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

<u>Cash collection January:</u>

Sales on credit from January= (211,000*0.75)= 158,250

Total cash collection= $158,250

<u>Cash collection February:</u>

Sales on credit from February= (270,600*0.75)= 202,950

Sales on credit from January= (211,000*0.25)= 52,750

Total cash collection= $255,700

<u>Cash collection March:</u>

Sales on credit from March= (315,300*0.75)= 236,475

Sales on credit from February= (270,600*0.25)= 67,650

Total cash collection= $304,125

8 0
3 years ago
A ScrumMaster's role is to also be a Servant Leader. Which of the following characteristics is not a Servant Leader characterist
bulgar [2K]

Answer:

D. What are you going to do for me today?

Explanation:

The leader should be first a servant, having a desire to serve than to be served. This makes a leader has authority and not just power by having interactions with ones he leads. He is not just interested in building himself but contributing to growth and development of the people around him.

Therefore asking what one will do for you is not a Servant Leader characteristic because it puts the leader first before the people.

3 0
3 years ago
6.1.2 Exam
Tasya [4]

Answer:

d

Explanation:

3 0
3 years ago
Do the following activities contribute to US GDP in 2020? Explain why or why not? In which year do these activities contribute t
ale4655 [162]

Answer:

Explained below.

Explanation:

In option (a) no it does not contribute to the US GDP in any year. The transaction appears in expenditure as an increase in consumption and a decrease in net exports that offset. According to option (b) yes it contributes to US GDP in 2013. The transaction appears as an increase in investment (increase in inventory). In 2014, the transaction appears as an increase in net exports offset by a decrease in investment. According to option (c), the transaction appears in expenditure as an increase in consumption in 2014 offset by a decrease in net exports. Option (d) represents the transaction appears as an increase in investment (increase in inventory). In 2014, the transaction appears as an increase in consumption offset by a decrease in investment. According to option (e) yes, it contributes $1000 to US GDP in 2014. The $6000 purchase price exceeds the price paid by the used car dealer. The difference represents value added by the dealership - this is a service that should be counted as part of GDP.

8 0
3 years ago
Which of the following is a capital resource? a. A computer programmer. b. A corporate bond issued by a computer manufacturer. c
Furkat [3]

Answer:

The answer is B. corporate bond issued by a computer manufacturer

Explanation:

Capital in business is the money committed to the business by its owner or owners. Capital can also be from a borrowed fund e.g loan

Bond is a long term loan issued to finance a capital project.

Therefore, the corporate bond issued by a computer manufacturer is a capital.

Option A which is a computer programmer is a human asset.

Option C is an inventory (Current assets). This is used to make computer chips.

Option D is an asset

6 0
3 years ago
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