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2 years ago

The _________ is a statistic used to compute the pace of inflation or deflation.

Business

1 answer:

Assoli18 [71]2 years ago

8 0

Answer:

Consumer price index

Explanation:

A Consumer Price Index measures changes in the price level of market basket of consumer goods and services purchased by households.

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All the following statements describe the flexibility available to the owner of a universal life insurance policy EXCEPT: Group

miv72 [106K]

Answer:

Policy loans are permitted on an interest-free basis.

Explanation:

The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person

So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest

5 0

2 years ago

Assume you have $2,000 in a savings account at the beginning of the year and the price level is equal to 100. If the price level

leva [86]

Answer:

$1,667

Explanation:

Given that,

Savings account at the beginning of the year = $2,000

Price level at the beginning of the year = 100

Price level at the end of the year = 120

Price level increases from 100 to 120

Therefore, what was worth $120 earlier, is not worth only $100.

Hence, $120 at the beginning of the year is worth = $100 at the end of the year

$1 at the beginning of the year is worth = ($100 ÷ $120) at the end of the year

Savings of $2,000 at the beginning of the year is worth:

= ($100 ÷ $120) × $2,000

= 0.833 × $2,000

= $1,667

Therefore, the real value of the savings is $1,667.

5 0

2 years ago

1. What are reserves held by banks?

Paraphin [41]

Answer:

This is what I found!

Explanation:

Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.

7 0

2 years ago

The ending inventory of finished goods has a total cost of $11,600 and consists of 600 units. If the overhead applied to these g

Lunna [17]

Answer:

the Direct Labor Costs are $5500

And Direct Materials are 2,250

Explanation:

Finished Goods has a total cost of $11,600

If the overhead applied to these goods is $3,850

Then the Direct Labor Costs are $5500

And Direct Materials are 2,250

Using the cross product rule

$3850 : 70

x : 100

x= $3850*100/70= $ 5500 are Direct LAbor Costs

Direct Materials= Finished Goods - overhead applied -Direct Labor Costs

Direct Materials =$11,600- $3,850- $5500

And Direct Materials are = $2,250

5 0

2 years ago

Jordan routinely eats an early lunch around 11:00 am. even if there's no clock in sight, jordan can tell when it's almost 11:00

Minchanka [31]

Given that <span>Jordan routinely eats an early lunch around 11:00 am. Even if there's no clock in sight, Jordan can tell when it's almost 11:00 am because he feels hungry and wants to eat.

The explanation that accounts for this is </span>Jordan has become classically conditioned so that the time of the day, 11 AM, is a conditioned stimulus (CS) for him, triggering internal bodily changes that increase his desire to eat.

7 0

2 years ago