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NemiM [27]
3 years ago
6

What best explains the time value of money? the concept is another way to explain how inflation works. it just means that it's b

est to have money today, so it can be put to work sooner to make even more money. this is just a banking term. it's insider jargon for compound interest. it means that, as time goes by, a dollar buys more today than it will tomorrow because of inflation. of course, in a deflationary economy the process is inverse?
Business
1 answer:
Mamont248 [21]3 years ago
4 0
Time value of money <span>it's best to have money today, so it can be put to work sooner to make even more money. When you have money now, you can invest and start building </span>interest on it. The quicker you have money, the quicker you start to grow your money and the sooner it can double, triple etc. 
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Under which type of economic system do workers typically work fewer hours and have access to more social benefits provided by th
Reptile [31]
Socialism is the answer you are looking for I believe.
8 0
4 years ago
The process of analyzing alternative long-term investments and deciding which assets to acquire or sell is known as:
Anna007 [38]

Answer: capital budgeting

Explanation:

The process of analyzing alternative long-term investments and deciding which assets to acquire or sell is known as Capital budgeting.

Capital budgeting is typically used by an organization or a business to know whether it will be worth it if an organization invest in an asset such as new plants, machineries, development projects etc and different alternatives are also considered in order to choose the best option.

4 0
3 years ago
Suppose 40 percent of all potential workers are highly skilled and contribute $50,000 to the firm each year. The remaining 60 pe
lukranit [14]

Answer:

The firm willing to pay a worker chosen at random an amount of $38,000.

Explanation:

This can be calculated as follows:

Amount the firm is willing to pay = (40% × $50,000) + (60% × $30,000) = $20,000 + $18,000 = $38,000.

Therefore, the firm is willing to pay a worker chosen at random an amount of $38,000.

3 0
3 years ago
For the year ending December 31, 2020, Splish Brothers Inc. reports net income $133,000 and cash dividends $90,000. Determine th
bixtya [17]

Answer:

Therefore retained earnings at December 31 is $273,000

Explanation:

Items that increase retail earnings include:

Beginning balance

Net income

Cash dividends

Beginning balance as at January 1,2020 = $ 230,000

Net income = $ 133,000

Cash dividends = ($90,000)

Therefore, retained earnings = Beginning balance + Net income -Cash dividends

= $230,000 + $133,000 - $90,000

= $ 273,000

3 0
3 years ago
Which of the following best describes the relationship between productivity and economic growth
Vsevolod [243]

The main foundation or resource of economic activities in developing countries is production. A further relation is provided below.

  • A community seems to be nearly dependent on its capacity to increase its workforce production. The capabilities of production, as well as consumption, are utilized for the evaluation of inflation expectations.
  • Productivity improvements lead to increased economic growth, so the amount of products, as well as services generated by something like a comparable workforce, is greater.

Learn more about economic growth here:

brainly.com/question/11679822

8 0
3 years ago
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