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ruslelena [56]
3 years ago
15

A worker would be hurt least by inflation when the rev: 05_02_2017_QC_CS-84894 Multiple Choice worker anticipates inflation and

increases savings at the bank. worker is protected by a cost-of-living adjustment clause in an employment contract. worker is protected by fixed annual increases in wages and benefits in an employment contract. government increases the level of social security retirement benefits to correct for the effects of expected inflation.
Business
1 answer:
Hatshy [7]3 years ago
3 0

Answer:

worker is protected by a cost-of-living adjustment clause in an employment contract

Explanation:

Cost of Living Adjustment(COLA) is an increase made to income from social security to counter the inflationary effects. The COLA change is essentially equivalent to the Consumer Price Index ( CPI) percentage increase over a given period.

All other options are wrong as it is not fit to the current situation

hence, the correct option is B.

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3 years ago
If gdp is $20 trillon, how many years will it take for gdp to increase to $40 trillion if annual growth is 10 percent?
ElenaW [278]

It will take 7 years.

Given GDP is $20 trillion and increased GDP is $40 trillion.

Gross domestic product (GDP) is the standard measure of  value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion  is given below:

F = P *(1+i) ^t

Here,

F = 40,

P = 20,

I = 10%

Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

  = 40 / 20

  = 2

Taking log both sides t = log 2 / log 1.10  

                                    = 7.27 yrs or 7 yrs

Therefore, it will take 7 years.

To know more about GDP click here:

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8 0
1 year ago
3. State the difference between limited liability and unlimited liability?​
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Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

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2 years ago
A marketing ___________ is the blending of four marketing elements product, distribution, price, and promotion.
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A market mix is the blending of four marketing elements product, distribution price and promotion
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