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Darina [25.2K]
3 years ago
13

For a person to keep his real income steady at a certain level from one year to the next, his nominal income must Multiple Choic

e
1. rise if the price index falls.
2. stay the same as the price index rises.
3. fall if the price index rises.
4. rise as fast as the price index.
Business
1 answer:
Solnce55 [7]3 years ago
4 0

Answer:

3. fall if the price index rises.

Explanation:

  • According to the nominal income, the inflation is a one of the major factors that decrease the amount of the goods and the services that would be afforded with a given amount of the nominal incomes thus if the person wants to keep this real income steady for the next year's nominal income may fall as the increase of the inflation in the economy.  And can erode the nominal income gains.
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In a two-country, two-product world, the statement "Germany enjoys a comparative advantage over France in autos relative to ship
Flauer [41]

Answer:

France having a comparative advantage over Germany in ships.

Explanation:

Comparative advantage is defined as the ability of a country to produce goods and services at a lower opportunity cost compared to other countries that produce a particular good. For example of country A produces cars at $300 cost, whole country B produces the Se car at cost of $1000 the country A has comparative advantage and should focus on producing cars.

In the scenario given Germany enjoys a comparative advantage over France in autos relative to ships.

This implies that France has a greater comparative advantage in ship production than Germany.

8 0
3 years ago
Read 2 more answers
What are some ways you deal with stress at school or at home? How could you use those techniques in the workplace? PLZZZZZ!!!!
Gnoma [55]
1. Take a break when needed
2. Reward yourself when you are finshed
3. Spend time with friends and family when you have free time
4. Get 8 hours of sleep a night
5. Always eat breakfast and don’t skip any meals.
6. Meditate
7. Get up and stretch your legs if you have a desk job
8. Deep breathing
9. Play relaxing music
10. Reduce your caffeine intake is a big one


Hope this helps :D
4 0
3 years ago
You would like to purchase one Class A share of Berkshire Hathaway through your Scottrade brokerage account. Scottrade charges a
Bumek [7]

Answer:

The current​ bid/ask spread for Berkshire Hathaway Class A​ shares is $935

Explanation:

The computation of the current bid/ask price is shown below:

The Current bid/ask price = Ask price - Bid price

                                   = $263,810 - $262,875

                                   = $935

The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.

5 0
3 years ago
Acme Securities Inc. is registered as a broker-dealer in the State of Utah under the Uniform Securities Act. Acme wishes to begi
nika2105 [10]

Answer:

C. Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable

Explanation:

From the question we are informed about Acme Securities Inc. which s registered as a broker-dealer in the State of Utah under the Uniform Securities Act. Acme wishes to begin charging customers a fee for managing accounts on a discretionary basis.

in this case the statement that is TRUE is "Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable"

The Uniform Securities Act can be regarded as a model law set up as a starting point as far as state-level securities regulation is concerned. The law was put in place so that securities fraud can be dealt with at the state level and render assistance to Securities and Exchange Commission (SEC) so that enforcement and regulation hold firmly.

3 0
3 years ago
The Parks and Recreation Department of Burkett County estimates the initial cost of a river park to be $2,200,000, annual upkeep
asambeis [7]

Answer:

B/E ratio 1.2356

Explanation:

B/E = \frac{PV \: cash-flow}{initial \: cost\: + operating \: cost \: PV}

300,000 - 43,000 = 257,000

257,000/0.04 = 6,425,000

initial cost 2,200,000

unkeep cost 120,000/0.04 = 3,000,000

6,425,000/(2,200,000+3,000,000) = 1.235576923

Note we are given a discount rate, which means the upkeep, benefits and disbenefits are perpetual.

4 0
3 years ago
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