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IrinaVladis [17]
3 years ago
10

The economy has an annual inflation rate of 3.5%. it will take approximately how many years for the price level to double?

Business
1 answer:
EleoNora [17]3 years ago
8 0
To find the answer you will want to follow the rule of 70. The rule of 70 allows you to find the number of years it takes a variable to double.

In this situation, you would divide 70 by 3.5% (variable) giving you 20 years.

It would take approx. 20 years for the price level to double. 
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Darina [25.2K]

Answer:

b. businesses to destroy customer data and maintain reasonable security procedures to guard against theft.

Explanation:

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A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

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4 0
2 years ago
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri
disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0
3 years ago
Suppose that the manager of a restaurant has two new employees, Rahul and Henriette, and is trying to decide which one to assign
romanna [79]

Answer:

a. Who should be assigned to chop vegetables?

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b. Who should be assigned to wash dishes?

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Explanation:

we need to determine the opportunity cost of each employee:

Rahul's opportunity cost of chopping one pound of vegetables = 100 / 20 = washing 5 dishes per hour.

Rahul's opportunity cost of washing 1 dish per hour = 20 / 100 = 0.2 pounds of chopped vegetables.

Henriette's opportunity cost of chopping one pound of vegetables = 120 / 30 = washing 4 dishes per hour.

Henriette's opportunity cost of washing 1 dish per hour = 30 / 120 = 0.25 pounds of chopped vegetables.

Rahul should wash dishes while Henriette should chop vegetables because their opportunity cost of performing these activities is lower.

4 0
2 years ago
If you decide to take a break and go for a hike in order to focus less consciously on the creative process, which stage is the c
liberstina [14]

Answer: Incubation

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8 0
3 years ago
Uncertainty about interest-rate movements and returns is called Question 3 options: A) market potential. B) interest-rate irregu
WITCHER [35]

Answer:

The correct answer is letter "C": interest-rate risk.

Explanation:

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6 0
3 years ago
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