Answer:
B
Explanation:
I'm taking public speaking in college now dress is important because it conveys the character of the speaker.
Answer:
The alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.
Explanation:
This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.
FV formula;
FV = PV(1+r)^n
PV = 800
discount rate; r = 12% or 0.12
total duration of investment; n = 3
therefore; FV = 800(1+0.12)^3
FV = 800 * 1.404928
FV = 1123.94
To the nearest whole dollar, the amount will grow to $1,124
While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.
FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.
Answer:
economic (or business) cycles are less severe.
Explanation:
If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).
This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.
One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.
