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Tom [10]
3 years ago
5

Irons

Business
2 answers:
Whitepunk [10]3 years ago
8 0

Answer:

Purchasing power is the;

B. amount of goods that can be purchased with a unit of currency

Explanation:

The purchasing power is a measure of the value of a currency by determining how much of the goods and services a unit of that currency is able to purchase. It is always used to gauge how strong a currency is. The purchasing power is however affected by inflation. Inflation tends to reduce the quantity of goods or services that one can buy using a unit of currency.

This is because inflation causes a sudden spike in the price of goods and services in the economy, when this happens most people tend to only spend on needs rather than wants since their ability to purchase has been greatly reduced. A typical example is a case where ten years the amount that one could purchase property is definitely lower than the price of the same property now. This means that the purchasing power ten years ago is higher than the purchasing power now.

The purchasing power has the ability to affect different aspects of the economy. An example is the cost of living. When the purchasing power reduces, the people pay more for a good or service leading to a high cost of living.

Alecsey [184]3 years ago
4 0

its A trust  financial literacy

Explanation:

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Scarcity is imposed on individual households in the form of income and Select one: a. limited production. b. utility. c. sunk co
Korolek [52]

Answer:

Option D

Explanation:

In simple words, scarcity refers to the phenomenon under which a commodity is available in a limited quantity and not all individual gets to enjoy the utility it has.

The main reason behind scarcity is the limited availability of the resources due to which the production is also limited. An individual consumer gets to take this burden in the form of high prices of such limited commodity.

5 0
3 years ago
SARASOTA CORP. Balance Sheet (partial) Stockholders’ equity Paid-in capital
Nuetrik [128]

Answer:

a. The Shares of common stock outstanding are 556,200

b. The stated value of the common stock is 3

c. The par value of the preferred stock is 102

Explanation:

a. In order to calculate the Shares of common stock outstanding we would have to make the following calculation:

Shares of common stock outstanding=shares authorized-common shares

                                                =564,000-7,800

                                                              =556,200

b. In order to calculate the Stated value of the common stock we would have to make the following calculation:  

Stated value of the common stock= shares issued/shares authorized                                       =1692000/564000

=3

c. In order to calculate the Par value of the preferred stock we would have to make the following calculation:      

Par value of the preferred stock= shares issued and outstanding/6,500

                                                     =663000/6500

                                                     =102

5 0
3 years ago
Able Company’s unit manufacturing cost is:Variable Costs $50Fixed Costs 25A special order for 1,000 units has been received from
wel

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unitary cost:

Variable Costs= $50

Fixed Costs= $25

A special order for 1,000 units has been received from a foreign company. The unit price requested is $55.

If the order is accepted, unit variable costs will increase by $2 for additional freight costs.

Because it is a special offer, we will not take into account the fixed costs.

Unitary cost= 50 + 2= $52

Effect on income= 1,000*(55 - 52)= $3,000 increase

5 0
3 years ago
Paul's Dogs Corp. has 9 percent coupon bonds making annual payments with a YTM of 8.5 percent. The current yield on these bonds
Setler79 [48]

Answer:

4.17 years

Explanation:

For Bond,

Let's take Bond Par Value = $1,000

Coupon Rate = 9%

YTM = 8.5%

Current Yield = Annual Dividend/Current Price

0.0885 = 90/Bond Price

Bond Price = $1,016.95

Calculating Time left to Maturity,

Using TVM Calculation,

T = [FV = 1000, PV = 1016.95, PMT = 90, I = 0.085]

T = 4.17 years

So,

Time left to Maturity = 4.17 years

4 0
4 years ago
In general, what is the relationship between a country’s ecological footprint and its overall standard of living? A. As the stan
Vesnalui [34]

Answer:

The correct option is A

Explanation:

As the standard of living increases, the ecological footprint also incraeses which means that both are positively co-related with each other.

The amount of assets that number of people or population requires in order to produce the natural resources for its consumption is basically Ecological Footprint. the ecological footprint measures the portion of nature that human takes. In order to sustain the livelihood, the carbon footprint attempts to find out the estimation of usage of resources by an individual.

4 0
4 years ago
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