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grin007 [14]
3 years ago
8

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. What’s

the best transportation option for Jim?
ABuying a car using an auto loan.
BLeasing a car.
CUtilizing his saving as a down payment and buying the car using an auto loan.
DRenting a car daily.
Business
1 answer:
Bad White [126]3 years ago
8 0
I'd say B, by leasing the car he'd save more money if it broke down or stopped functioning properly and if that happened he could lease a different car instead of paying multiple times to fix things that would most likely break down again because he owned it.
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A standard "money demand" function used by macroeconomists has the form ln( ) = + ln( ) + m β , 0 β1 GDP β2R Where m is the quan
kvasek [131]

Answer:

1.The money demand will rise by 1.154%

2. The money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

Explanation:

1. Money demand function

ln(m) = β0 +β1 ln(GDP)+β2R

Suppose β1 = 1.5 , β2 = −0.04 , GDP = $ 100 & R = 3%

ln(m) = 1.5 ln ($100) - 0.04 X 0.03

ln(m) = 6.91

m = 1002.247

Suppose the GDP increases by 1%; the new GDP will be = $ 101  

ln(m) = 1.5 ln ($101) - 0.04 X 0.03

ln(m) = 6.92

m = 1013.81

If the GDP increases by 1% ,the money demand will rise by 1.154%

2.

If the interest rate increases from 3% to 4%

ln(m) = 1.5 ln ($100) - 0.04 X 0.04  

ln(m) = 6.906155

m = $ 998.400

If the interest rate rises from 3% to 4% , the money demanded will fall and for a 1% increase in interest , the money demanded will fall by 0.38%

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3 years ago
On August 2, Jun Co. receives a $7,000, 90-day, 11.5% note from customer Ryan Albany as payment on his $7,000 account. Prepare J
Likurg_2 [28]

Answer:

Oct 31

Dr Cash $7,201

Cr Notes receivable—R. Albany $7,000

Cr Interest revenue $201

Explanation:

Preparation of Jun's journal entry assuming the note is honored by the customer on October 31, of that same year

Oct 31

Dr Cash $7,201

($7,000+$201)

Cr Notes receivable—R. Albany $7,000

Cr Interest revenue $201

(11.5%*7,000*90/360)

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2 years ago
Changes in the PPI can predict changes in the consumer price index because
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Producers often pass along price increases to customer.
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If a firm is interested in improving their human capital which are they most likely to consider
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Answer:

To create human capital in a company, it is mainly necessary to capture it (recruit and select it) and retain it (make it stay in the organization).

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First, to be able to recruit competitively, the organization has to work its corporate brand.

Secondly, there must be efficient and current recruitment processes. Recruitment is the process of attracting talent to the selection processes.

Once the worker is incorporated into the company, strategies must be used to improve talent retention and team performance.

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Sort each description into the category where it fits best. Inflation and Deflation
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