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Vlad [161]
3 years ago
7

Which of the following people is likely to benefit from inflation? A. A person with low income B. A person who has a large savin

gs account C. A person who owes $200,000 on a loan D. A retired person on a fixed income
Business
1 answer:
Lesechka [4]3 years ago
4 0

Answer:

B. A person who has a large savings account.  

It can have a benefit if the interest rate is higher than inflation

C. A person who owes $200,000 on a loan

inflation lets debtors pay lenders back with money that is worth less than it was when they originally borrowed it.

Explanation: A.

A. A person with low income . dont have benefits from inflation

B. A person who has a large savings account.  

It can have a benefit if the interest rate is higher than inflation

C. A person who owes $200,000 on a loan

inflation lets debtors pay lenders back with money that is worth less than it was when they originally borrowed it.

D. A retired person on a fixed income dont have benefits from inflation

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C. When consumer income​ increases, the demand for eggs decreases.

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Inferior goods is the type of good which demand does not increase even though the initial buyer experience an increase in purchasing power.

The reason for this is because that consumer choose to<u> purchase another product that he/she couldn't afford</u> before having an increase in income.

This 'other' product tend to be more expensive and higher in quality compared to the previous one. This is why the word 'inferior' is attached to the previous product.

From the example above, the reason why the demand for the eggs does not increase is most likely happen because the consumer choose to purchase higher quality of food. (such as a more expensive meat)

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When janice went to work as a hair stylist in rick's beauty shop, she entered into an agreement with rick whereby if she left sh
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<span>The question is incomplete, here is the complete question which I previously came across;</span>

When Janice went to work as a hair stylist in Rick's beauty shop, she entered into an agreement with Rick, whereby, if she left she would not work for another beauty shop within 50 miles for 2 years. Rick trained Janice in a number of new techniques. After nine months, Janice was offered a great job down the street at a new beauty shop, quit Rick, and had a number of customers follow her down the street to her new job. Rick claimed that she had signed a contract and had no right to go to work at the new shop. Janice disagreed and told Rick that no judge in the country would enforce such an agreement. Janice told Rick that she was more worried about a customer, Treena, who was threatening to sue her because her hair turned green after Janice worked on it. Janice agreed that Treena's hair was damaged. Janice pointed out, however, that she told Treena that odd results could result from a dye attempt, and she required that Treena sign a contract releasing Janice from all liabilities before she did anything with Treena's hair. Treena, however, sued anyway. The agreement Rick and Janice entered into is referred to as?


The answer is, the agreement Rick and Janice entered into is referred to as "<span>covenant not to compete".</span>

<span>
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It is hard to decide if a judge will implement a non-competition agreement. While the privileged insights of a business are important, the law additionally puts value to a person's opportunity to seek after other work. To be enforceable Courts more often than not require that a contract not to compete be sensible. In California, non-competes are adequately unlawful except if you are selling a business. Different states will implement a few provisions, as a rule the trade secret protection, however not the work limitations.

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