1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nignag [31]
4 years ago
14

"Suppose that in some country the price of silver increased from $30 per ounce to $31 per ounce during a time when the overall p

rice level increased by 5 percent. During this period, the real price of silver"
a. increased.b. decreased.c. stayed the same.d. might have increased, decreased or stayed the same
Business
1 answer:
harina [27]4 years ago
8 0

Answer: Option (B) is correct.

Explanation:

Given that,

Price of silver increased from $30 per ounce to $31 per ounce.

At that time, overall price level increased by 5%

Therefore,

Change in price of silver = $31 - $30

                                         = $1 per ounce

Percentage change in price of silver = \frac{31 - 30}{30} \times 100

                                                             = 3.33%

Overall price level increases by 5% but the price of silver increases by 3.33%, which is less than 5%.

Hence, real price of silver decreases.

You might be interested in
Alchemy Manufacturing produces a pesticide chemical and uses process costing. There are three processing departments—Mixing, Ref
kondaur [170]

Answer:

Explanation:

Opening units  0

Started               56000

                        56000

Transffered        30000

Closing                26000

                             Production Table

Using Weighted Average Method

Cost Element   Complete   Closing WIP   Equivellant production units  

Material                30,000        26,000                      56,000  

Labour Cost             30,000        19,500                       49,500  

6 0
3 years ago
Alamos Co. exchanged equipment and $18,900 cash for similar equipment. The book value and the fair value of the old equipment we
12345 [234]

Answer:

C. $ 0.

Explanation:

Provided that

Book value of the old machine = $81,300

The Fair value of the old machine = $91,400

So, we can see that there will be a gain of

= Fair value - book value

= $91,400 - $81,300

= $10,100

But this gain would not be recognized in case of lacking commercial substance. So, there would be zero gain or loss

7 0
3 years ago
Stacy, who is married and sole shareholder of ABC Corporation, sold all of her stock in the corporation for $100,000. Stacy had
Marta_Voda [28]

Answer:

The sale results in an ordinary loss of $100,000 and long-term capital loss of $25,000.

Explanation:

Stacy, who is married and sole shareholder of ABC Corporation, sold all of her stock in the corporation for $100,000. Stacy had organized the corporation in 2009 by contributing $225,000 and receiving all of the capital stock of the corporation. ABC Corporation is a domestic corporation engaged in the manufacturing of ski boots. The stock in ABC Corporation qualified as Sec. 1244 stock. The sale results in AN ORDINARY LOSS OF $100,000 AND LONG-TERM CAPITAL LOSS OF $25,000.

6 0
3 years ago
Read 2 more answers
Which general response strategy does not allow the adversary to leave the facility with the asset?
AleksandrR [38]
<span>The specific general response strategy that would keep an adversary from leaving a facility with an asset is known as the containment strategy. In doing so, this strategy ensures that the resources and assets within a given location remain there if others are attempting to remove it.</span>
7 0
3 years ago
Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an
vitfil [10]

Answer:

1. Are you advertising to a specific group of people/ Who is your target audience?

2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?

3. How would you justify your prices?

4. Is your idea viable in the current market?

5. How would you differentiate your goods and services from any other similar products in the industry?

These are just examples. Hope this helps!

8 0
3 years ago
Other questions:
  • The old factory was converted into condominiums on the top six floors, a health club on the fourth floor, offices on floors two
    8·1 answer
  • During his conference with Lynn, Michael listens carefully to Lynn's complaints about anything and everything, identifies and wr
    6·1 answer
  • Leo consumes only apples and bananas. He always prefers more apples to fewer, but he sometimes gets tired of bananas. If he cons
    12·1 answer
  • West Corp. issued 10-year bonds two years ago at a coupon rate of 8.1 percent. The bonds make semiannual payments. If these bond
    13·1 answer
  • Indicate whether the firm should add or subtract each item below from its balance of cash or the bankâs balance of cash in prepa
    13·1 answer
  • _____ is closely related to intrinsic motivation: Employees believe that they have the ability and autonomy to do meaningful wor
    5·1 answer
  • A(n) _____ test is a service offered by magazines where two or more versions of an ad are run in alternate copies of a particula
    11·1 answer
  • Which of the following acronyms does not represent a managed care plan?
    9·1 answer
  • When a user is entering data on a form, they would use which view?
    12·1 answer
  • According to the concept of persistence in the rate of growth, if the economy this quarter, it will ____________.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!