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shepuryov [24]
3 years ago
12

Jennifer received news that she is getting a 5% raise. However, the Bureau of Labor Statistics just reported that prices are ris

ing by 7%. Based on the given information, which of the following is true? Jennifer's purchasing power will rise by 2%. Inflation has no impact on purchasing power. Jennifer's purchasing power will rise by 7%. Jennifer is losing purchasing power by 2%
Business
1 answer:
Feliz [49]3 years ago
4 0

Answer:

Jennifer is losing purchasing power by 2%.

Explanation:

An increase in prices indicates a decrease in the purchasing power of the consumers. An increase in income means an increase in the purchasing power of the consumers.  

A 5% raise means that Jennifer's income will increase by 5% and so will her purchasing power. But at the same time, a price rise by 7% means that her purchasing power will decrease by 7%.  

This means that overall her purchasing power will decrease by 2%.

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Neporo4naja [7]
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I'm not 100% sure but i think it is B. 
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4 0
3 years ago
Read 2 more answers
An article in the Wall Street Journal on the housing market states that​ "Steady job​ growth, rising wages and low interest rate
tensa zangetsu [6.8K]

<u>Solution and Explanation:</u>

Since interest rate is the cost of borrowing, lower interest rate decreases the cost of borrowing for housing mortgage, which increases demand for housing.

It is very much clear from the demand and interest rate have a certain relationship. If the interest rate on a particular amount is lower then the customers will try to get more amount as the cost on such amount will be less which means the burden on the customers would be lower.

6 0
3 years ago
Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a pre
forsale [732]

Answer:

Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "<u>having this issue</u>" in the middle of a presentation.

Explanation:

Presentation is often a formal talk or sharing of ideas about a topic which can be on any field, matter, discovery, product, to an audience.    

Since discs are used for optical storage, which allows data storage and data retrieval are very good to store information for presentation.

However, discs can be unreliable likewise the internet. As a disc is a computer hardware, it can be attacked by a computer virus thereby affecting the stored data, and the internet speed also varies across locations, all these can cause distractions in the middle of a presentation especially if one needs the disc and the internet to be able to render a presentation efficiently.

           

7 0
2 years ago
Settlers from which european country frequently imposed a mandatory draft of indian labor for public projects?
Katena32 [7]
The united kingdom or the uk
7 0
3 years ago
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
Olenka [21]

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

Debit : Cash  $16,200

Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

6 0
3 years ago
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