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Schach [20]
3 years ago
13

What would happen to the buying power of your investment after one year if your rate of return was 8% and the rate of inflation

was 3%?
Business
1 answer:
nekit [7.7K]3 years ago
7 0
As long as the rate of return is bigger than the inflation, the value and amount of money will increase and so will the purchasing power: the correct answer is "it will increase".

For example, if you invest 100 dollars, you will receive 108 dollars back, and you'd need 103 dollars to have the same value of money as before - but you have more. 
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Explanation:

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Answer:

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Explanation:

Solution

Given that:

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There also exits a liability of paying labor charges for this it will be payable.

Hence credit factory wages payable.

For the other options they are crediting cash which is not yet paid, here the option A  and E is wrong.

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The option D is wrong, because they debited with the cost of sold goods.

8 0
3 years ago
Which of the following would most likely suffer the least from the costs of​ inflation?
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Answer:

B. Persons on fixed incomes.

Explanation:

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Answer:

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MARK ME BRAINLIEST!

Explanation:

3 0
3 years ago
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