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Lemur [1.5K]
3 years ago
7

Social Security benefits are increased each year in proportion to the increase in the CPI, even though most economists believe t

hat the CPI overstates actual inflation. True or False: If the elderly consume the same market basket as other people, then Social Security would provide an increase in their standard of living.
Business
1 answer:
erik [133]3 years ago
5 0

Answer:

False The statement does not correlate

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Free enterprise is based solely on what as the means of production?
faltersainse [42]
<span>Free enterprise is based solely on private ownership as the means of production. This type of system gives power to its citizens by restricting the government when it comes to ownership and regulating business. Citizens are allowed to freely own and operate a business, make a profit and compete against other businesses.</span>
3 0
3 years ago
The McDonald's fast-food restaurant on campus sells an average of 4,000 quarter-pound hamburgers each week. Hamburger patties ar
san4es73 [151]

Answer: 11.42 times

Explanation:

Inventory Turnover = Cost of Goods Sold / Average inventory

Where,

Cost of goods sold = 4,000 quarter-pound hamburgers each week x $1.00 a pound

COGS = $4,000 per week

Average Inventory = 350 pounds of hamburger

Inventory Turnover = 4000 / 350 = 11.42 times

3 0
3 years ago
When Hope Springs Water Co. was looking to complete the _________ phase of the new product development process, the company coul
guajiro [1.7K]

Answer ldea generation

Explanation:

The continuous generation of idea will make the firm relevant in the market, meets customers expectations which translates to higher demands and profitability . Ceteris paribus ( all things been equal)

.ly reason why goods are produce is because there will be demand for it, customer input will give more clarity of prospective demands.

4 0
3 years ago
What is the main disadvantage of moving to e-moneyLOADING... or moving to a cashless​ society? A. Funds are debited too quickly
Nady [450]

The correct answer is D) There are problems with security and privacy.

The main disadvantage of moving to e-money LOADING... or moving to a cashless​ society is "There are problems with security and privacy."

Technology has brought many advantages to the way people do business, facilitating transactions, bank payments, deposits, and many more functions. However, it also has risks and disadvantages. The most important risk that has already affected thousands of people is the security and privacy of data.

There have been cases such as the clients of Target supermarket that suffered from stolen information and hackers used their credit cards to make purchases. Private concerns of data uploaded on social media sites such as Faceb*ok have been used to other purposes and the President of this company had to testify members of the US Congress.

7 0
3 years ago
Plz help ASAP!!!!!!
astra-53 [7]

Answer:

The correct answer is letter "C": Pay $250 per month until it’s paid off.

Explanation:

While paying a debt on a credit card, it is recommended for the cardholder to <em>select the shortest length for payoff</em> possible because choosing the largest implies adding more interest and fees to the debt.  

In the example, if the principal -the quantity of debt without interest- is $1,000 and the cardholder decides to make $250 payments, it implies the debt will be paid off in 4 months ($1,000/$250 = 4). Then, that is the choice to select if the intention is paying less.

7 0
3 years ago
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