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IrinaK [193]
3 years ago
15

If some of a person's wealth is in cash, it follows that Select one: a. this person's monetary wealth will change as the price l

evel changes. b. this person's monetary wealth will not change as the price level changes. c. this person is wealthier than a person who holds all his wealth in nonmonetary form. d. a and c e. b and c
Business
1 answer:
kvasek [131]3 years ago
8 0

Answer:

The answer is A.

Explanation:

If a person's wealth is in cash, price level changes in the economy will definitely affect the his monetary wealth.

Price level changes arise as a result of inflation. Increase in general price level in the economy will reduce the purchasing power of the cash. For example, a good that used to sell for $2, it now goes for $5.

And if there is decrease in general price level, the purchasing power of the cash will increase.

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You purchased a share of stock for $50. Two years later you received $2 as dividend and sold the share for $59. What was your ho
grigory [225]

Answer:

The answer is =22%

Explanation:

Holding period return is the total return from asset or investment portfolio over a period of time. Holding period return is expressed as a percentage.

Its formula is:

[(value at the end of the period- original value) + income or dividend]/ original valuex 100

[2 + (59 - 50)] / 50x 100

(2 + 9 ) / 50x 100

11/50 x 100

=22%

4 0
3 years ago
Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of incre
geniusboy [140]

The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.

Computation:

1. The total amount of sales for 2006 and 2007:

\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}

\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}

2. Now, the percentage increase will be determined for the total number of coats and trench coats:

For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.

\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}

For the trench coats the values used will be the sale of trench coats in 2006 and 2007.

\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}

3. Now, the  net percentage increase in sales due to the trench coats is computed as follows:

\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}

Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.

To know more about percentages of increase in sales, refer to the link:

brainly.com/question/45525

4 0
2 years ago
What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?
hjlf

Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.  

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.  

6 0
3 years ago
What factors are used in the rule-of-thumb methods to determine the communication budget?.
kvv77 [185]

The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".

<h3>What is rule-of-thumb method?</h3>

The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.

Some characteristics of rule-of-thumb are-

  • A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
  • Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
  • Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
  • It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
  • In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.

To know more about rule-of-thumb method, here

brainly.com/question/9220387

#SPJ4

3 0
2 years ago
Melinda, who works in a jewelry store owned by Cindy, was picking up some gem stones for use in the store. On the way back to th
baherus [9]
Yes she should be held liable
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2 years ago
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