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tensa zangetsu [6.8K]
3 years ago
5

on january 1st jennifer puts 1000 in a savings account that earns 4% interest. the inflation rate for the year is 2% on december

31st will jennifer's purchasing power have increased or decrease?
Business
1 answer:
Lynna [10]3 years ago
7 0

Answer:

Increase

Explanation:

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zero-coupon bond is a security that pays no interest, and is therefore bought at a substantial discount from its face value. If
trasher [3.6K]

Answer:

$1,203.83

Explanation:

For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.

Given that

Face value = $2,600

Interest rate = 11%

Time period = 7 years

The formula is shown below:

= Face value ÷ EXP (Interest rate × Time period)

= $2,600 ÷ EXP (11% × 7)

= $1,203.83

8 0
3 years ago
Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist__
miss Akunina [59]

Answer:

raises;larger;decrease;always.

Explanation:

Consider the relationship between monopoly pricing and the price elasticity of demand. If demand is inelastic and a monopolist raises its price, quantity would fall by a larger percentage than the rise in price, causing profit to decrease. Therefore, a monopolist will always produce a quantity at which the demand curve is elastic because he or she will be maximizing profits.

A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;

- Single seller.

- Profit maximizer.

- Price maker.

- High barriers to entry for others.

- Price discrimination.

- No close substitutes or competition.

3 0
3 years ago
an article titled “What the Top 1% of Earners Majored In,” that 8.2% of Americans who majored in economics for their undergradua
RUDIKE [14]

Your economics training provides you with a terrific set of job skills, and in fact the economics major provides you with virtually all of the top ten most important job skills.

Economics are not restricted to one specific job category. Thus you have a wide variety of employment choices available to you. Because you have both quantitative as well as qualitative skills, however, it is natural to exploit your comparative advantage and find a position that utilizes both sides of your training.

The job market recognizes the special job skills that a major in economics provides. 80% of graduates in economics receive starting salaries in the range of $24,800-42,000 (

8 0
4 years ago
Ted is compiling a survey on consumer preferences. In order to achieve the most accurate snapshot of their likes and dislikes, h
JulijaS [17]

Answer:

The correct answer is b) false.

Explanation:

A consumer survey allows companies to collect information from potential consumers who use various media.

Written surveys: this is used when a researcher tries to collect complete information from consumers. Written surveys should be concise, because if they are long, consumers may not complete them.

Questions from these types of surveys should be carefully selected so that feedback is easily obtained. Written surveys can be sent to a random sample of individuals and the responses can be analyzed in a generalized manner, so that they represent a population.

Typically, this type of survey is used to gather information on sensitive issues, as respondents can take their survey home and provide comments at the most convenient time.

4 0
3 years ago
Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. multip
Karo-lina-s [1.5K]

Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'

therefore the correct option is Cash

Personal Use

Any usage that does not meet the requirements for Commercial Use is considered Personal Use. Use for strictly personal objectives is referred to as personal, or non-commercial, use. A use must satisfy ALL THREE of the following requirements in order to be deemed "Personal":

The use cannot entail a currency exchange.

The use can't be used to advertise a company (this includes non-profit organizations)

There must be no financial gain from the use, either directly or indirectly.

The use is classified as "Commercial" if one or more of the requirements are not satisfied.

To learn more about Personal Use

brainly.com/question/27034337

#SPJ4

3 0
2 years ago
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