Answer: The consumer price index will increase, but the GDP deflator will not increase.
Explanation:CPI(Consumer p ice index) is a concept used in Macroeconomics to mean the weighted average of the prices of
A basket of consumer goods and services.
GDP(gross domestic product) Is the value of the entire goods and services rendered within an economy over a given period of time.
GDP Deflator determines the price changes of all goods and services produced within an country.
As the price of Italian shoes imported into the Unites States of America rises the CPI INCREASES BUT THE GDP DEFLATOR WILL NOT INCREASE.
Answer:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
Explanation:
Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.
This type of approach want every single member involvement and their ideas to be share among the present group. The main advantage of this approach is that it include every individual participation, chaos or noise between the discussion is less.
Answer:
Date Particular Debit Credit
Jan 1, 2021 Cash $64,700
Discount on bond payable $5,930
Bond payable $70,000
Jun 30,2021 Interest expense $3,882
Discount on bonds payable $2,132
Cash $1,750
Workings:
Semi annual interest payment = 70,000 x 5% x 6/12
= $1,750
Interest expense on June 30, 2021 = Carrying value of bonds x Market interest rate
= 64,700 x 6%
= $3,882
Discount on bonds payable amortized on June 30, 2021 = Interest expense - Interest payment
= 3,882 - 1,750
= $2,132
Answer: call the lender so as to discuss the additional repayment options
Explanation:
From the question, we are informed that Jamie has determined she is unable to pay the minimum payments on her student loan based on her current income.
The next best step for Jamie in order to avoid late payments or defaulting on her student loan is to call the lender so as to discuss the additional repayment options.
Answer:
Rate of interest is 8.37%
Explanation:
Future Value = 
3,500 = 2750 
=
![\sqrt[3]{\frac{3500}{2750}}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B%5Cfrac%7B3500%7D%7B2750%7D%7D)
= ![\sqrt[3]{(1+r)^{3}}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B%281%2Br%29%5E%7B3%7D%7D)
1.0837 = 1+r
r = 1.0837 - 1
r = 0.0837
r = 8.37%
Check:
3500 = 2750 
3500 = 3500
