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frosja888 [35]
3 years ago
14

Purchasing power is an __________________.

Business
1 answer:
Kitty [74]3 years ago
5 0
Purchasing power (is sometimes retroactively called adjusted for inflation) <span>is the number and quality or value of goods and services that can be purchased with a unit of currency.</span>
You might be interested in
Using the following information, determine the location quotient for Motor City: employment in motor vehicle manufacturing withi
ValentinkaMS [17]

Answer:

15.7

Explanation:

In this question we have the following information

Employment in Motor Vehicle manufacturing within city = 12643

Total employment in motor city = 560379

Total individual employment = 152750

Total employment = 106201232

We get the location quotient as

(12643/560379)/152750/106201232

0.02256/0.001438

= 15.69

This is approximately

15.7

Therefore the location quotient = 15.7

7 0
3 years ago
which tool would the government most likely employ during a period of inflation to stabilize the economy ?
Scorpion4ik [409]

They would LOWER THE CASH RATE so the value of the dollar can hopefully go back up again

3 0
3 years ago
Crane Company has the following sales data: August September October November December Cash Sales $4000 $5000 $6000 $7000 $16000
umka21 [38]

Answer:

<em>Collections for September is $ 57,100</em>

Explanation:

Computation of cash receipts for September

Collections from cash sales of September                                       $   5,000

Collections from credit sales of August - 57 % of $ 50,000           $  28,500

Collections from credit sales of September 40 % of $ 59,001       <u>$  23,600 </u>  

Total collections for September                                                        $  57,100

5 0
3 years ago
Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test
dem82 [27]

Answer:

Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths

lowest of the five scores is 43

dropping the lowest, the we have= 67, 92, 67 and 78

Average the rest= 67+92+67+78/4

Average= 76

The grade is A irrespective of the grading point used

Explanation:

3 0
3 years ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
Gre4nikov [31]

Answer:

a.Georgeland has an absolute but not a comparative advantage in producing clothing.

Explanation:

A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.

Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .

The opportunity cost of georgeland in producing clothes = 36 / 18=2

The opportunity cost of georgeland producing food = 18 / 36 = 0.5

For Alland,

the opportunity cost of producing clothes = 32 / 16= 2

the opportunity cost of producing food = 16 / 32 = 0.5

Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.

I hope my answer helps you

7 0
4 years ago
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