Answer:
C. Variable inflation is associated with high transaction costs
Explanation:
Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.
In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.
Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.
Answer:
$1,022.37
Explanation:
We need to sovle for the quota which genereated a futute value of 7,500 dollars after 6 years assuming a constant 8% interest rate.
FV $7,500.00
time 6 years
rate 0.08
<em>C $ 1,022.365 </em>
Answer: deductible
Explanation:
The deductible is a term that is used in insurance which simply means the amount of fund that is paid by a policy holder from his or her pocket before the insurance company will then pay any other expenses.
Deductible is typically used by insurance companies in order to ensure that the policy holders will also share any cost that is involved in the claim.
Answer:
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