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Mice21 [21]
3 years ago
13

A family with an income of 70,000 receives a raise of 2% in a year when inflation is 5%. Find the decrease in purchasing power.

Business
1 answer:
Vlad [161]3 years ago
8 0

Answer:

They make 3% less per year

Explanation:

I think this is what you're asking but don't quote me on it

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A ________economy usually stresses the equality of all citizens. A________ economy aims to be self-sufficient. A ________economy
Alja [10]

Answer:

Command economy

Closed Economy

Traditional Economy

Mixed Market Economy

Explanation:

A command Economy  stresses the equality of all citizens.e. g Cuba and North Korea

A closed economy aims to be self sufficient with all activities confined to its economy.e.g Brazil's economy.

A traditional economy being the oldest form of economy upholds culture and history and as such relies more on bartering than money. It is mostly common in emerging markets and developing countries.

A mixed economy encourages private businesses with a degree of state monopoly.Example is the USA's economy.

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A savings account is useful for all of the following purposes EXCEPT…
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Answer:

D

Explanation:

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Western Company is preparing a cash budget for June. The company has $12,000 in cash at the beginning of June and anticipates $3
Leto [7]

Answer:

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Explanation:

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Amount to borrow = Minimum cash balance - Preliminary balance = $10,000 - $75,000 = $2,500

Therefore, to maintain the $10,000 required balance, during June the company must $2,500.

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The determination of the size of a sales force is usually done via some estimation of expected ___________
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Explanation: had the same quiz not a long time ago

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