Unit elastic user: because a price increase has little or no effect, the demand for the product is

When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors. / true or

alexandr402 [8]

Answer: True. When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors.

Explanation: If inflation is high, money is not moving as it normally would in a low inflation time. When inflation is low, money is moving more freely (people are spending) to the debtors and the creditors. Inflation refers to the increase in prices and fall in the purchasing value of money.

7 0

3 years ago

Reasons for lack of customer care in many organization

Lady bird [3.3K]

Answer:

1) Not hiring the right people. Generally speaking, the quality of the customer service you provide largely depends on the quality of the people you hire. ...

2) Lack of training. ...

3) Lack of belief in the product or the company. ...

4) Lack of respect for the customer. ...

5) Lack of empathy.

Explanation:

7 0

4 years ago

You think that in 15 years it will cost $214,000 to provide your child with a 4-year collge education. Will you have enough if y

prisoha [69]

Answer:

You will not have enough.

Explanation:

The rate of the investment is compounded, so the value at year 1, will be the value at year 0, increased in a 4%. Then, the value at year 2 will be the value at year 1, increased in other 4%, that's equal to the value at year 0 increased twice at 4%.

So, the formula to calculating the value at year 15 is 75,000*(1.04)^15 = 135,070.63. THen, it will not be enough. You have to invest at least 214,000/1.04^15 = 118,826.20 at year 0, at a rate of 4%.

8 0

3 years ago

For the month of September, Florida, Inc., incurs a direct materials cost of $12,000 for 7,500 gallons of strawberry lemonade pr

Blizzard [7]

Answer:

The difference in the direct materials cost per equivalent unit between the two months is $0.70.

Explanation:

First calculate the direct cost per equivalent unit in September

Direct cost per equivalent unit = Total Cost / Total Equivalent units

= $12,000 / 7,500

= $1.60

Difference between the two months.

September = $1.60

Less August = ($0.90)

Difference = $0.70

8 0

3 years ago

The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports

IRINA_888 [86]

The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.

The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.

Explanation:

National income = Y = GNP

Consumption = C

Private Investment = I

Government spending = G

Exports = X

Imports = M

Taxes = T

Therefore, the BCA = X-M = (S-1) + (T – G)

Where BCA = Balance of Current Account

Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.

Learn more: brainly.com/question/8859561

3 0

3 years ago