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Mkey [24]
2 years ago
6

A researcher would like to study the average amount of debt owed by retired people in the United States. What could be an exampl

e of a strata sampled? Select all that would apply.
retirees from different states in the United States
retirees who had different jobs in the United States
retirees with different education levels
retirees who lived near the researcher
retirees who returned a survey sent in the mail
Business
1 answer:
umka21 [38]2 years ago
8 0

Retirees who had different jobs and different income levels.

In stratified sampling, the population is broken up into groups ("strata") that are distinctly <u>different</u> from each other.

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Jake wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacati
In-s [12.5K]

Answer:

1. Jake can easily determine that the price of the computer is more than the price of the vacation.  ⇒ UNIT OF ACCOUNT

2. Jake has $1,574 in his checking account.  ⇒ STORE OF VALUE

3. Jake writes a check for $1,299. ⇒ MEDIUM OF EXCHANGE

Explanation:

The four functions of money are:

  1. unit of account: since money is a common denominator, it helps to assign value to different goods and services.
  2. store of value: you can save money in order to purchase gods and services in the future.
  3. medium of exchange: you can purchase and sell goods and services using. money
  4. standard of deferred payment: money allows loans that require future payments of both principal and interest.

5 0
3 years ago
John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third stu
sasho [114]

Answer:

a.Attending a movie

Explanation:

The opportunity cost is the cost or value or the item foregone. That is way opportunity cost is also known as alternative foregone.

It is also known as the real cost. When the wants are listed in a scale of preference in the order of priority, the limited resources is used to satisfy the first item on the list while the next unfulfilled want is the opportunity cost.

Therefore, for John, the opportunity cost is attending the movie, option a.

6 0
3 years ago
A mutual fund that invests in stocks that provide a predictable source of dividend income and the potential for dollar appreciat
Umnica [9.8K]

Answer: Equity funds

Explanation: This type of mutual fund invest in stocks,the risk of losing your investment is high in this type of mutual fund,these funds are usually expected to grow faster than fixed income funds and money market funds.

There are different types of Equity funds which includes mid-income stocks,value stocks,high-cap stocks,growth stocks and income stocks.

The potential for Dollar appreciation is high with these types of stocks with predictable source of dividend.

5 0
3 years ago
Very urgent, i need this answered asap
inn [45]

Answer:

Yes they offer no fee but then they want payed for a small fee....... Aaaa business this days

8 0
3 years ago
Imagine that you invest $100,000 in an account that pays 5.9% annual interest compounded monthly. What will your balance be at t
kodGreya [7K]
The compound interest formula is: A= P(1+ \frac{r}{n} ) ^{nt}
Where:
A is the amount you will have.
P is the money you are investing.
r: is the interest rate (in decimals)
n: number of times the interest is compounded per year
t: time (in years)

The first thing is converting the rate from percentage to decimal: 
\frac{5.9}{100} = 0.059

Since the interest is compounded every month and a year has 12 months n=12.

Now we can replace the values in our formula:
A=100000(1+ \frac{0.059}{12} ) ^{(12)(18)}

We can simplify the exponents to get:
A=100000(1+ \frac{0.059}{12} ) ^{216}

Finally, we can use our calculator to get 288463.33

After 18 your balance in your bank account will be $288463.33
4 0
3 years ago
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