Answer:
- <em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $56,318.00 </u></em><em><u> </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
Explanation:
The<em> nominal income</em> will grow at a rate of 15%, per year during five years. Then, the growing factor is g = 1 +15% = 1 + 0.15 = 1.15.
That means that $28,000 will muliply five times by 1.15:
- $28,000 × 1.15 × 1.15 × 1.15 × 1.15 × 1.15 = $28,000 × (1.15)⁵
- $28,000 × 2.011 = $56,318.00
The <em>CPI increased by 12%</em> during the same period. Thus, the CPI after 5 years will be multiplied by 1.12⁵≈ 1.762
The real income, referred to 1990 will be $28,000 × (1.15)⁵ / (1.12)⁵ ≈ $28,000 × 1.1413 ≈ $31,956.35
Then, you can complete the text with:
<em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $ 56,318.00 </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
As long as the rate at which the income increases is higher than the rate at which the CPI increases, the real income increases.
Answer:
The option (d) is correct
Explanation:
Solution
From the given question, option (d) is correct because Bond A has a lower term of maturity, issued by a financially weak corporation and compared to government security it is offering lower returns implies it has a lower interest rate than bond B having identical characteristics expect the above.
Answer:
B) secondary; primary
Explanation:
Secondary data is data collected from other researches. In this age, there is a lot of easily accessible data made available freely or at low cost. Examining them first not only help researchers find needed data cheaply, but also give them ideas about what they could find out from those data (serendipitous discovery).
Primary data is data collected from first-handed sources by the the researchers themselves by methods including surveys, interviews, direct observation, etc. It is costly to obtain so researchers only come to that when they can't find good secondary data for their purposes.
Answer:
$2,025
Explanation:
The computation of the value of the ending inventory is shown below:
But before that first we have to calculate the ending inventory units which is
= Beginning inventory + first purchase units + second purchase units + third purchase units - sold units
= 10 units + 25 units + 30 units + 15 units - 50 units
= 30 units
Now the ending inventory is
= 15 units × $70 + 15 units × $65
= $1,050 + $975
= $2,025
The answer would be B, concurrent, because she concurs that the patients will not like the new billing procedure.
