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dusya [7]
3 years ago
15

From 1970 to 1998 the U.S. dollar a. gained value compared to the German mark because inflation was higher in the U.S. b. gained

value compared to the German mark because inflation was lower in the U.S. c. lost value compared to the German mark because inflation was higher in the U.S. d. lost value compared to the German mark because inflation was lower in the U.S.
Business
1 answer:
yawa3891 [41]3 years ago
8 0

Answer:

lost value compared to the German mark because inflation was lower in Germany

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases

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When a customer opens a bank savings account, the bank, essentially becomes a(n) ___.
Rzqust [24]
<span>Here are the choices on the given question:
A. lender
B. investor
C. insurer
D. borrower
When the customer opens a bank savings account, the bank, essentially becomes an investor. So the answer is B. 
Investor because the amount of money that you put in your savings account is being invested by the bank to gain interest.</span>
5 0
3 years ago
Read 2 more answers
In its first month of operations, Multiplex Corporation purchased 40,000 pounds of material for $3.40 per pound. The company use
Vilka [71]

Answer:

$7,000 Unfavorable

Explanation:

data provided

Material in units = 18,000

Price per unit = 2

Actual hours = 38,000

Selling price = $3.50

The computation of material efficiency variance is shown below:-

Materials efficiency variance = (Standard hours - Actual hours) × Selling price

= (18,000 × 2 - 38,000) × $3.50

= $7,000 Unfavorable

Therefore for computing the material efficiency variance we simply applied the above formula.

3 0
3 years ago
The______has issued the following requirements: "Refuse, recyclables, and returnables shall be removed from the premises at a fr
ivann1987 [24]

Answer:

its C) OSHA

Explanation:

sorry someone was being annoying as heck and buting in

7 0
3 years ago
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A consumer is attempting to maximize utility in her consumption of Goods A and B. If her income and the price of Good A do not c
ycow [4]

Answer:

In this section, we are going to take a closer look at what is behind the demand curve and the behavior of consumers. How does a consumer decide to spend his/her income on the many different things that he/she wants, i.e., food, clothing, housing, entertainment? We assume that the goal of the consumer is to maximize his/her level of satisfaction or joy, constrained by his/her income.

Economists use the term utility as a measure of satisfaction, joy, or happiness. How much satisfaction does a person gain from eating a pizza or watching a movie? Measuring utility is based solely on the preferences of the individual and has nothing to do with the price of the good. Let’s do an experiment in utility.

Step 01: Get some of your favorite candy, pastries, or cookies.

Step 02: Take a bite and evaluate, on a scale from 0 to 100 (with 100 being the greatest utility), the level of utility from that bite. Record the marginal utility of that bite (i.e., how much you get from that one additional bite).

Step 03: Repeat step 02. It is important to be consistent with each unit consumed, i.e., the same size and no drinking milk or water part way though. When you run out of candy or your marginal utility goes to zero you can stop.

Law of Diminishing Marginal Utility

5 0
3 years ago
A company produces 1,000 packages of chicken feed per month. The sales price is $4.00 per pack. Variable cost is $1.50 per unit,
Gwar [14]

Answer:

It is more profitable to add the vitamin and sell the product for $5. Income will increase by $260

Explanation:

Giving the following information:

The number of units= 1,000 packages

Actual:

Selling price= $4.00 per pack.

Variable cost is $1.50 per unit

Fixed costs are $1,700 per month.

New option:

Selling price= $5

Variable cost= $1.9

Fixed costs= $2,040

We need to calculate the net income of both options, and choose the more profitable one:

Actual:

Net income= 1,000*(4-1.5) - 1,700= $800

New:

Net income= 1,000*(5 - 1.9)- 2,040= $1,060

It is more profitable to add the vitamin and sell the product for $5.

6 0
3 years ago
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