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3 years ago

Why are people with savings hurt by inflation?

Business

1 answer:

oksian1 [2.3K]3 years ago

7 0

Answer:

B) The money they saved in the past is worth less in the future

Explanation:

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What are the characteristics of a mixed economy?

Oxana [17]

A characteristics of a mixed economy is a mix of both private and government control.

7 0

3 years ago

QS 19-10 Computing contribution margin LO P2 D’Souza Company sold 11,500 units of its product at a price of $77.00 per unit. Tot

vivado [14]

Answer: $317,400

Explanation: The first step is to calculate the sales value

Sales = Unit sold × Price per unit

11500 × $77.00 = $885,500

calculation Total variable cost

i. Variable production cost = Units × variable production cost per unit

11500 × $39.70 = $456,550

ii. Variable selling and administrative cost = unit × variable selling and administrative cost per unit

11500 × $9.70 = $111,550

Total variable cost = Variable production cost + variable selling and administrative cost

Total variable cost = $456,550 + $111,550

= $568,100

Calculation of contribution margin

Contribution margin = Sales - total variable cost

= $885,500- $568,100

= $317,400

7 0

3 years ago

Un a supermarket, a vendor's restocking the shelves every monday morning is an example of?

Vadim26 [7]

In a supermarket, a vendor's restocking the shelves every Monday morning is an example of fixed order interval.

The situation where an inventory item has independent demand and orders are placed on a constant time period basis is referred to be an FOI system, also known as a periodic review system.

A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply. Many businesses utilize the fixed order quantity system because it reduces reorder errors, effectively manages storage space, and avoids wasteful blocking of funds that may be used elsewhere.

To know more about Fixed Order Interval refer to: brainly.com/question/18882719

#SPJ4

5 0

2 years ago

Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the

babunello [35]

Answer:

b) Estimated Revenues Appropriations Budgetary Fund Balance $6,400,000 $6,080,000 320,000

Explanation:

Estimated Revenues $6,400,000 Dr

Appropriations $6,080,000 Cr

Budgetary Fund Balance $320,000 Cr

This entry is made on the adoption of Special Revenue Fund Budget for the year.

The special revenue fund is used for the special purposes such public maintenance etc.

The entry made on closing

Close out the budget at year end

Appropriations $ 6080,0000 Dr

Budgetary Fund Balance $ 320,000 Dr

Estimated Revenues $ 6400,000 Cr

4 0

3 years ago

According to classical macroeconomic theory, changes in the money supply affect:_______.

Ivahew [28]

Answer:

Option A. real GDP and the price level.

Explanation:

Option “A” is correct because the change in money supply (say increase) will decrease the interest rate and that will result in an increase in investment and more investment will generate more jobs and more money in consumers’ hands. Thus, they will stimulate the spending and aggregate demand will increase. Resulting in the rise in price and rise in real GDP. therefore, option A is right.

6 0

3 years ago