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Lesechka [4]
3 years ago
5

A good rule of thumb is to spend no more than __% of your monthly gross income on rent. 20 25 30 40

Business
1 answer:
Alexxandr [17]3 years ago
7 0
45% of your monthly come on rent
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0/1 Question 5 In the country of Mainia, only cranberries and maple syrup are produced. In 2006, 50 units of cranberries are sol
madam [21]

Answer:

A.  Nominal GDP is $2,000, real GDP is $2,000 and GDP deflator is 100.

Explanation:

Nominal GDP is the the total value of goods produced in a country in a given time period and valued at the current market price i.e not adjusted for inflation.

Here to calculate nominal GDP for Mainia in 2006, the total quantity of goods produced in the current year(2006) will be multiply by the current market price.

Cranberries                                               Maple Syrups                 Total

50 units                                                     100 units

<u>$20</u>                                                           <u> $10</u>

$1,000                                                      $1,000                              $2,000

In contrast, Real GDP is measured using the base year price. The reason is to adjust for inflation which might have occurred between the two years.

Here to calculate real GDP for Mainia in 2006, the total quantity of goods produced in the current year (2006) will be multiply by the base year price (2005):

Cranberries                                               Maple Syrups                 Total

50 units                                                     100 units

<u>$10   </u>                                                          <u> $15    </u>

$500                                                          $1,500                             $2,000

GDP deflator measures the movement in value of goods and services produced in the current year in relation to the base year value.

Here is the formula:

GDP deflator = <u>Nominal GDP</u>   x  100

                          Real GDP

GDP deflator = <u>$2,000</u>   x 100

                       $2,000

GDP deflator = 100

7 0
3 years ago
When does information become a liability for an organization?
jeyben [28]
A liability is a debt to an oraganization/business. Once the information brings the company down -holds them back- it becomes a liability. It's like if you have an accounts payable your creditors would have full rights to your money upon company liquidation. That means your company will earn less revenue. A liability is something you owe.
7 0
3 years ago
Sally has invested $10,000 now and wants to earn a real interest rate of 10% per year. Assume that the inflation rate is 7% per
hodyreva [135]

Answer:

Results are below.

Explanation:

Giving the following information:

Inflation rate= 7%

Real rate of return= 10%

Present value (PV)= $10,000

Number of periods (n)= 10 years

<u>The real rate of return incorporates the effect of the inflation rate. Therefore, the nominal rate of return:</u>

Nominal rate of return= 0.1 + 0.07= 17%

<u>To calculate the Future Value, we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 10,000*(1.17^10)

FV= $48,068.28

This is the n<u>ominal valu</u>e received after ten years.

<u>If Sally wants to determine the real value of the investment after 10 years, we must use the real rate of return:</u>

<u></u>

FV= 10,000*(1.1^10)

FV=$25,937.42

4 0
3 years ago
Mr. Drucker uses a periodic review system to manage the inventory in his dry goods store. He likes to maintain 15 sacks of sugar
ElenaW [278]

yes

Explanation:

because thays tuff stuff idk

7 0
3 years ago
An agreement to exchange dollar bank deposits for euro bank deposits in one month is a:_________
koban [17]

An agreement to exchange dollar bank deposits for euro bank deposits in one month is a <u>forward transaction.</u>

<h3>What is a forward contract?</h3>

A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract. Although its non-standardized nature makes it particularly suitable for hedging, a forward contract can be utilized for speculating or hedging.

A forward contract can be tailored to a commodity, amount, and delivery date, unlike typical futures contracts. Grain, precious metals, natural gas, oil, and even chicken are examples of traded commodities. Settlement of a forward contract may take place in cash or by delivery.

Forward contracts are categorized as over-the-counter (OTC) instruments because they are not traded on a centralized exchange. While the OTC nature of these products makes it simpler to adjust terms, the absence of a centralized clearinghouse also increases the chance of default.

Thus, it is a forward transaction that is used to exchange dollar bank deposits for euro bank deposits in one month.

For more information on <u>Forward Transaction</u>, refer to the given link:

brainly.com/question/28238316

#SPJ4

8 0
1 year ago
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