Answer:
Michael does not experience inflation because he only buys Tennis rackets
Explanation:
Inflation is defined as increases in price per unit price.
It is the prolonged increase in the price of goods and services caused by devaluation of currency , demand -pull or cost - push. While a certain degree of inflation can be beneficial to a thriving economy , it can become a threat if it becomes larger.
One of the direct impact of inflation is rise in price of goods and services.
As the price of rackets was not affected by the inflation , that means that Michael was not affected by the inflation.
Answer:
Explanation:
c. Determine the amount of prepaid insurance the company will report on its pro forma balance sheet at the end of the fourth quarter.
The answer is 5400 because "at the end of the 4th quarter is only consists of 3 months (oct-dec). By taking the total amount you paid for all 6 months minus what you have to pay for 3 months.
<span>The GDP per capita calculates what theoretically would be the </span><span>share of every individual in the country if the GDP was destributed equally. The economy of course is very different in reality where everyone ends up with a different portion depending on a lot of other factors.
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There are 1 simple step to organize your writing. First, organize your thoughts on a paper and plan out what you want to add. You can do this with a graphic planner or just writing notes down you need. Next, create a rough draft to make sure your sentences flow properly, that you have no grammatical errors or misspellings. Finally, write out your final paper, so it's clean and well written out.
<h2>Reducing the "Entertainment " will hold good for the given scenario</h2>
Explanation:
There things which a man needs like food, water, shelter, etc.
Savings
: This aspect is necessary for helping us in crucial point. It can serve as an another hand on demand.
Groceries
: This is most important component of every men and women for living. So it cannot be reduced.
Utilities
: This is equally important.
Entertainment
: This shows luxurious aspect and not a mandatory one. So the amount spent in this category should be reduced.
