1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tresset_1 [31]
3 years ago
7

A sudden increase in inflation, ceteris paribus, a. Raises the real income of lenders relative to borrowers. b. Raises the CPI a

nd reduces real income. c. Reduces the nominal income of those who have constant real incomes. d. Makes everyone worse off.
Business
1 answer:
Nikitich [7]3 years ago
6 0

Answer: Raises the CPI and reduces real income.

Explanation:

Inflation is a sustained rise in the general price level of the goods and services in an economy during a particular period. It is usually expressed as a percentage. Inflation leads to a reduction in the purchasing power of a country's currency.

Real income reduces because a rise in the price level with nominal income constant reduces the purchasing power of money. People holding real assets are better off than people who are holding cash.

You might be interested in
If the actual price in this market were above the equilibrium price, quantity supplied would begreater than quantity demanded, s
nevsk [136]
A: True

True. Tire. True. True
6 0
3 years ago
Read 2 more answers
For Sunland Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $24,000. During the year, d
natita [175]

Answer and Explanation:

The preparation of the partner capital statement and the owner equity section is presented below:

<u>Partner capital statement </u>

<u>Particulars           N. Payne        Ann Dody         Total</u>

Beginning

balance                $18,900          $24,000           $42,900

Less: Drawings    -$8,700         -$5,200            -$13,900

Balance left           $10,200       $18,800              $29,000

Add: Net income

share 50% 50%     $14,350       $14,350             $28,700

ending balance       $24,550    $33,150             $57,700

Now the balance sheet is

<u>Sunland Co,</u>

<u>Partial balance sheet</u>

<u>Dec 31,2020</u>

<u>Owner capital</u>

Partner capital balance    $29,000

Add: Net income              $28,700

Total owner equity            $57,700

7 0
3 years ago
On January 1, James Industries leased equipment to a customer for a five-year period, at which time possession of the leased ass
nexus9112 [7]

Answer:

James Industries

The amount of the annual lease payments is:

= $207,878.86.

Explanation:

a) Data and Calculations:

Cost of equipment = $830,000

Normal sales price = $830,000

Residual value after 5 years = $200,000

Interest rate = 8%

Lease period = 5 years

From an online financial calculator:

Loan Amount  830000

Loan Term  5  years

Interest Rate  8

Results:

Payment Every Year   $207,878.86

Total of 5 Payments   $1,039,394.29

Total Interest   $209,394.29

Lease Payment Schedule:

Period    PV                      PMT                      Interest           FV

1           $830,000.00     $-207,878.86   $66,400.00    $-688,521.14

2            $688,521.14     $-207,878.86    $55,081.69  $-535,723.98

3          $535,723.98     $-207,878.86    $42,857.92  $-370,703.04

4          $370,703.04     $-207,878.86    $29,656.24  $-192,480.42

5          $192,480.42     $-207,878.86     $15,398.43  $0.00

6 0
3 years ago
When the government transfers resources to the poor in the form of a good or service, it is called?
Airida [17]

When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.

Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.

The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.

Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.

To learn more about in-kind transfer here:

brainly.com/question/20411157

#SPJ4

4 0
1 year ago
A point M on a segment with endpoints (-1, 1) and ( 7, 7) partitions the segment in a 3:5 ratio. Find M. You must show all work
HACTEHA [7]

The coordinates of point M after the partition is (2, 3.25).

<h3>What are coordinates and how to determine coordinates?</h3>
  • A coordinate system in geometry is a system that uses one or more integers, or coordinates, to define the position of points or other geometric components on a manifold such as Euclidean space.

We have:

  • Endpoints = (-1,1) and (7,7)
  • Ratio, m : n = 3 : 5

The coordinates of point M is then calculated using:

M=\frac{1}{m+n} *(mx_{2}+nx_{1} , my_{2} +ny_{1} )

So, we have:

M=\frac{1}{3+5} * (3*7+5*-1,3*7+5*1)

Evaluate the sum and the product:

M=\frac{1}{8} *(16,26)

Evaluate the product:

M=(2,3.25)

The coordinates of point M is (2, 3.25)

Therefore, the coordinates of point M after the partition is (2, 3.25).

Know more about coordinates here:

brainly.com/question/17206319

#SPJ4

4 0
1 year ago
Other questions:
  • The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year
    14·1 answer
  • Group Policy is an automated management tool with which you can set a policy once and allow it to apply to all users and compute
    8·1 answer
  • A potential benefit of telecommuting is that it _____. reduces employee turnover regulates work routine increases interaction wi
    8·1 answer
  • John Paul will receive a gift of $9,000 when he gets his promotion, which he expects to be in 6 years. If he can save his money
    13·1 answer
  • Supply chain ______ determines how to structure a supply chain including the product, selection of partners, the location and ca
    15·1 answer
  • Demand for an electric fan is related to its selling price p (in dollars) by the equation n = 3680 − 80 p where n is the number
    10·1 answer
  • Greeson Corp. signed a three-month, zero-interest-bearing note on November 1, 2020 for the purchase of $500,000 of inventory. Th
    14·1 answer
  • Assume a purely competitive, increasing-cost industry is in long-run equilibrium. If a decline in demand occurs, firms will:leav
    5·1 answer
  • What is the relationship between the price level and the following components of aggregate demand. a. There is relationship betw
    15·1 answer
  • Pierce company's break-even point is 23,000 units. its product sells for $33 and has a $14 variable cost per unit. what is the c
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!