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Andrews [41]
3 years ago
15

1. Herb, who keeps his savings in an old coffee can. 2. Karen, a retired school teacher that relies upon her fixed pension to pa

y for her expenses. 3. 3rd National, a bank that loaned many people money for home purchases. 4. Joy, who has borrowed $40,000 to pay for her college education.5. The U.S. federal government, which had almost $15 trillion in debt in 2011.
Business
1 answer:
Igoryamba3 years ago
7 0

Answer:

1. Herb, who keeps his savings in an old coffee can. LOSER: inflation decreases the purchasing power of a currency, so you can buy less products with the same amount of money.

2. Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses. LOSER: inflation decreases the purchasing power of a currency, so you can buy less products with the same amount of money.

3. 3rd National, a bank that loaned many people money for home purchases. LOSER: inflation decreases the real interest rate of loans; the real interest rate = nominal interest rate - inflation. The bank will charge less for the loans it made.  

4. Joy, who has borrowed $40,000 to pay for her college education. WINNER: inflation decreases the real interest rate of loans; the real interest rate = nominal interest rate - inflation. So Joy will pay less for her loan.

5. The U.S. federal government, which had almost $15 trillion in debt in 2011. WINNER: inflation decreases the real interest rate of loans; the real interest rate = nominal interest rate - inflation. So the US government will pay less for the national debt.

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If goods in transit are shipped FOB destination
AleksandrR [38]

Answer:

b. the seller has legal title to the goods until they are delivered.

Explanation:

When the goods are in the transit and are shipped FOB destination, the title of the goods would be with the seller. If the goods are delivered, then the legal title would be transferred from the seller to the buyer. Until the goods are in transit, the legal title is with the seller itself.  

Both the parties are eligible for the legal title. It can be either a buyer or seller depending upon the situations

Hence, the correct option is b and the rest options are wrong

5 0
3 years ago
What may be offered to clients when banks find the risk too high?
mina [271]
<span>Private money may be offered to clients when banks find the risk too high. Private money is usually owned by a private organization. Private money has high interest rates and the people who receive the money still have to follow state, federal and bank laws when using the money.</span>
6 0
3 years ago
What is the book of first entry​
taurus [48]

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

3 0
3 years ago
You are considering two ways of financing a spring break vacation. you could put it on your credit​ card, at 17 % ​apr, compound
shutvik [7]
<span>Credit card has slightly lower interest rate. Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly. Each month, 17%/12 interest will be taken. The total interest over the year will be (1 + 0.17/12)^12 = 1.183891728 times the original debt. Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be (1 + 0.09)^2 = 1.1881 Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>
7 0
3 years ago
In what ways might monetary policy be superior to fiscal policy?
a_sh-v [17]

Monetary policy does not require congressional approval, it is more flexible than fiscal policy. Conversely, monetary policy has a propensity to increase inflation more than fiscal policy.

A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.

The Federal Reserve Bank of the United States carries out a monetary policy under a twin mandate to maximise employment while containing inflation.

A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth.

Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies.

Learn more about monetary policy here:

brainly.com/question/28038989

#SPJ4

6 0
2 years ago
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