Answer:
The cost price was increased by 33.33 % to provide this profit
Explanation:
Given:
Cost price = $3
Selling price = $4
Gross profit = $1
To Find:
Profit percentage =?
Solution:
Profit Formula calculates the net gains or losses incurred by subtracting total expenses from total sales.
Now profit = 4 - 3 = 1
Now the profit percentage can be found by
=
=
=
= 33.33%
Answer:
d) a company offers free job related education to employees
The americans didn't like the policies because they were just using all of the american's hard work for their own personal gain and that lead to rebellion
Answer:
Being that the semester has just started, I have not gotten the opportunity to learn anything new quite yet.
Explanation:
Hope this helps :)
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
