Answer:
The answer is: E) It would not necessarily be considered high elsewhere
Explanation:
Usually the inflation rate in the US and Europe is around 1-3%. In the early 1980's the US inflation rate was above 10% so it was considered huge. But if you consider it against inflation rates in other countries, like Argentina for example, which currently has an annual inflation rate of over 60% then it wasn't that big. During the 1980's many countries suffered from hyperinflation, with monthly inflation rates of over 50%.
So the high inflation rate in the US and Europe wasn't necessarily high for other countries.
Answer: Jordan's recognized gain in the year of sale is $2500.
Explanation:
Given that,
Jordan inherited 10 shares of universal corp. stock upon her grandfather's death and have a fair market value of $5000
Jordan's grandfather purchase these shares in 1995 for $2500
After four months of her grandfather's death, Jordan sold all of the shares for $7500
So,
Jordan's recognized gain in the year of sale = the value of sale - the fair market value at the time of her grandfather's death
= $7500 - $5000
= $2500
A politician should be interested in the proportion of voters in his district.
The answer is true.
Explanation:
This is not only true for politician but also for any job which involves voting.
A person / leader will be recognized, if he
- look into the welfare of the society
- takes measure when problem occurs
- is easily accessible to the public
- lend his ears to the problems
- provides an unbiased approach
- he is interested in doing service
- obeys laws
But it does not mean that, the person who got victory in the election has done good job in the previous service period. There are many factors that decide the polling of vote.
Answer: Real GDP takes into consideration adjustments for changes in inflation. ... The main difference between nominal GDP and real GDP is the adjustment for inflation
Explanation:
Answer:
It is good
Explanation:
Alicia would have an easier time splitting money and saving money towards different goals. Such as putting 40% of your paycheck into savings and splitting the 40% into 10% for each savings account.
