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
dmitriy555 [2]
3 years ago
15

You put money in the bank. The increase in the dollar value of your savings a. and the change in the number of goods you can buy

with your savings are both nominal variables. b. and the change in the number of goods you can buy with your savings are both real variables. c. is a nominal variable, but the change in the number of goods you can buy with your savings is a real variable. d. is a real variable, but the change in the number of goods you buy with your savings is a nominal variable.
Business
1 answer:
Tju [1.3M]3 years ago
5 0

Answer:

c) is a nominal variable, but the change in the number of goods you can buy with your savings is a real variable.

Explanation:

When one put money in the bank. The increase in the dollar value of one savings is a nominal variable, but the change in the number of goods you can buy with your savings is a real variable.Nominal variable in finance can be regarded as variable which which falls below the real value or price/cost, As the money is put in the bank, increase in the dollar value of one savings is a nominal variable since there is a change in the value of the actual money now. Real variable on the other hand is one where there is no effect of inflation/ prices.

You might be interested in
What are the leading economic indicators supposed to predict?
DiKsa [7]

The correct answer is: business cycle

6 0
3 years ago
Read 2 more answers
Going to college is an expensive proposition. Determine whether the following costs of attending college are implicit or explici
ad-work [718]

Answer:

1. Time spent away from family is an implicit cost.

2. Transportation is an explicit cost

3. Forfeited working experience is an implicit cost

4. Books and materials is an explicit cost

5. Forgone earnings are an implicit cost

Explanation:

A college is an educational institution that provides opportunities for higher learning and specialized professional training. A decision to go to college should be conscious one that takes into consideration all the important aspects. The most important consideration is the cost of education, since attending college is usually an expensive proposition. One needs to consider the different costs that they will meet, whether implicitly or explicitly. Lets us consider the following implicit and explicit costs as shown;

1. Implicit cost: an implicit cost is a cost incurred without necessarily spending money. They are more of an opportunity cost that is calculated from the alternatives undertakings that one has sacrificed. An implicit cost is not an accounting cost but an economical cost that tends to consider options that are not actual expenditures. They are; time spent from family, forfeited working experience and forgone earnings. These are actually items that one sacrifices when he/she decides to go to college. Time spent from family is an implicit cost since one will spend most of his or her time in college. Attending college also means that one wont be able to go for a job and get some working experience while earning, therefor this is also an implicit cost. Explicit cost are determined by estimating the value of the activity sacrificed.

2. Explicit costs: an explicit cost is a type of accounting cost that needs one to actually spend money. It is an out of pocket cost where one has to use money to purchase a good or service. Examples are Books and materials. College students are often required to purchase specific books and materials for study. Transportation is also a cost that requires one to spend on bus fare or even cab fare to and from college. These are costs that require one to actually use money.

8 0
3 years ago
What is the source of energy during the energy investment phase of glycolysis?
Leno4ka [110]

The source of energy during the energy investment phase of Glycosis are two ATP molecules.

Explanation:

During the energy investment phase of glycolysis , the energy source comes from two ATP molecules which then results in the formation of the two molecules of glyceraldehyde phosphate.

The two molecules of glyceraldehyde phosphate are then used for the second process of glycosis in which energy  is emanated and not invested.

Glycosis is the process that is characterized by the breakdown of enzymes into smaller molecules and constituent elements.

8 0
4 years ago
Home Place Hotels Inc. is entering into a 3-year remodeling and expansion project. The construction will have a limiting effect
solong [7]

Answer:

$291.56

Explanation:

Find the dividend amount per year;

D1 = D0(1+g ) = 3.40(1+0) = 3.40

D2 = 3.40*(1.05) =3.57

D3 = 3.57*(1.05) =3.7485

D4= 3.7485*(1.15) = 4.3108

D5 = 4.3108 *(1.10) = 4.7419

Find the Present value of each year's dividend;

PV (of D1) = 3.40/ (1.14 ) = 2.9825

PV (of D2) = 3.57/ (1.14² ) = 2.7470

PV (of D3) = 3.7485/ (1.14³ ) = 2.5301

PV (of D4) = 4.3108/ (1.14^4 ) = 2.5523

PV (of D5 onwards)=\frac{\frac{4.7419}{0.14-0.1} }{1.14^{4} } \\ \\ =\frac{474.19}{1.6890}

PV (of D5 onwards) = 280.7519

Next, sum up the PVs to find the maximum price of this stock;

= 2.9825 + 2.7470 + 2.5301 + 2.5523 + 280.7519

= 291.564

Therefore, an investor should pay $291.56

7 0
3 years ago
Please answer the following questions to describe an instance in which you, an acquaintance, or family member has experienced an
AlexFokin [52]

Answer:

The externality that affected me was the U.S. recession of 2018.  

Explanation:

The externality is the term that refers to a variation in a outside factor that end up affecting persons involve in a business that is not related directly to the outside factor that changed.

1. The 2008 recession made harder for me to get a job in the restaurant sector even though the prices of the restaurants and hotels continued to be the same, many person have to cut their expenditure in tourism as the recession significantly impacted the financial institutions and many persons were laid off from their jobs which decreased consumption.  

2. The effects of the recession were: increase in the unemployment, decrease in the consumption, increase in foreclosures.  

3. I experienced decrease in my quality of life as it was harder for me to keep a job for a long time. Most of jobs were part time therefore it was a time where I have to live on my savings.

4. Pollution is best reduced if companies take conscience of the fact that they have a greater impact on the environment than individuals. This will lead to better business practices in the manage of residuals and raw materials.  

5. A positive externality can create a bubble in the prices and overestimate the actual value of an asset e.g. cryptocurrencies bubble was a positive effect for some investor that really knew the value of this securities but in the long run it created a bubble and people that did not know about cryptocurrencies invested and lost most of their money.

3 0
4 years ago
Other questions:
  • Stephanie and Mallory are working to identify the work performed and the working conditions for each job within Acme Global. The
    5·2 answers
  • Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for
    9·1 answer
  • What to do with office space to make money? How would you arrange them?
    5·1 answer
  • How would your most recent supervisor or teacher rate your dependability compared to others?
    8·1 answer
  • 12. the market for rice in an east asian country has demand and supply given by Qd = 28 -4P and Qs = -12 + 6P, where quantities
    9·2 answers
  • "A Registered Investment Adviser publishes a web-based newsletter. He is approached by a marketing firm for a list of the RIA's
    9·1 answer
  • How does the Federal Reserve achieve these goals?
    5·2 answers
  • The transactions of Spade Company appear below. Kacy Spade, owner, invested $12,500 cash in the company in exchange for common s
    6·1 answer
  • Which of the following products probably accounted for by a company using a job order costing system? A) facial tissue B) Hershe
    10·1 answer
  • What is the difference between general and applied ethics​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!