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jok3333 [9.3K]
3 years ago
11

Inflation is defined as a rise in the general level of prices. When inflation occurs, the buying power of the dollar would:

Business
1 answer:
Anuta_ua [19.1K]3 years ago
5 0

<u>Answer:</u> the buying power of the dollar would: decrease.

<u>Explanation:</u>

Purchasing power means the amount of goods that can be bought with the given unit of money. The value of the dollar decreases when there is an inflation. Inflation reduces money value by raising the prices of the goods and services in the country.

Purchasing power can be compared with the salaries received 50 years ago and current salaries. Though the current salaries have increased the prices of the goods have also increased accordingly. Which can also be termed as increased cost of living.

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Name some of the faculties of Nepal Sanskrit University?​
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Explanation:

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On January 1, 2016, Brian's stock portfolio is worth $100,000. On September 30, 2016, $5,000 is withdrawn from the portfolio, an
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Answer:

1.93%

Explanation:

The time weighted rate of return will be computed by combining the return at every time period demarcated by a withdrawal/addition.

<em>Time 1: Jan 1, 2016 to Sep 30, 2016</em>

start value = 100,000; end value = (105,000+5,000) = 110,000

Return = \frac{110,000}{100,000}=1.1

<em>Time 2: Sep 30, 2016 to Sep 30, 2017</em>

start value = 105,000; end value = 108,000

Return = \frac{108,000}{105,000}=1.028571

<em>Time 3: Sep 30, 2017 to Dec 31, 2017</em>

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Return = \frac{100,000}{111,000}=0.900901.

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3 0
3 years ago
Getty Company expects sales for the first three months of next year to be $200,000, $235,000, and $298,000, respectively. Getty
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Answer:

Getty’s cash receipts for the months of February: $225,900

Getty’s cash receipts for the months of March: $281,620

Explanation:

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In February = 35% x $235,000 = $82,250

In March = 35% x $298,000 = $104,300

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Getty’s cash receipts for the months of February = Cash sales of February + 40% x Credit sales of January + 60% x Credit sales of February = $82,250 + 40% x $130,000 + 60% x $152,750 = $225,900

Getty’s cash receipts for the months of March = Cash sales of March + 40% x Credit sales of February + 60% x Credit sales of March = $104,300 + 40% x $152,750 + 60% x $193,700 = $281,620

8 0
3 years ago
Locking a cell so that others cannot alter its contents is known as _____.
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