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Lesechka [4]
3 years ago
13

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch

ips, and one comic book. In year one, the basket costs $9.00. In year two, the price of the same basket is $8.00. From year one to year two, there isdeflation at an annual rate of 1.25%. In year one, $72.00 will buy____baskets, and in year two, $72.00 will buy____baskets. This example illustrates that, as the price level falls, the value of money____ .
Business
1 answer:
Virty [35]3 years ago
8 0

Answer:

Year 1, Year 2 purchasing power = 8 , 9 (respectively). As price level fall, value of money<u> Increases </u>

Explanation:

Year one purchasing power = Money ($) / Price per basket = 72 / 9 = 8

Year two purchasing power = Money ($) / Price per basket = 72 / 8 = 9

This implies that, as price level falls (from 9 to 8 here) ,the value of money ie purchasing power increases (from 8 to 9)

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Between and , the u. s. dollar ______ against the canadian dollar. between and , the u. s. dollar ______ against the
dybincka [34]

Answer:

would be the dollar value between the US and Canadian

4 0
2 years ago
Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24
Wittaler [7]

Answer:

$217,000

Explanation:

                           Begining   Purchases   Ending  

Raw Materials  $ 36,000 $ 69,000 $ 24.000

Work in Process  $ 23,000 $ 17,000         $ 6.000

Finished Goods  $ 37,000  $ 55,000 -$ 18.000

Direct Lab Costs  $ 94,000 $ 94,000

Manuf Overhead $ 54,000 $ 54,000

 Total  

Raw Materials  $ 81.000

Work in Process  $ 6.000

Finished Goods  -$ 18.000

Direct Labor Costs  $ 94.000

Manufacturing Overhead  $ 54.000

Costo of Goods Manufactured  $ 217.000

5 0
2 years ago
Efficiently scheduling material and labor is an example of ________________ decisions
Bas_tet [7]
A) strategic
B) tactical
C) operational
D) short-term
E) none of the above

 its b tactical
3 0
3 years ago
Ensuring that the organization meets goals, and working with employees to accomplish organizational goals are both classified as
attashe74 [19]

Answer: Management

Explanation:

Management ensures that organizational goals are met. The management plans, leads, control and organizes in order to ensure goals are achieved.

The function of accounting is to give financial information whihc are required by the business and its stakeholders.

The function of marketing is to ensure that products reach the consumers. It ensures delivery of products.

The human resource develops the workers. They train, revruit, discuss wages and salaries etc.

Based on the above, the answer is management.

7 0
3 years ago
Jose, a migrant worker who lived in a mobile home, died in a fire. The smoke alarm of the mobile home malfunctioned and did not
SpyIntel [72]

Answer:

These are the options for the question:

  • Breach of duty.
  • Strict liability.
  • Recklessness.
  • Negligence per se

And this is the correct answer:

  • Negligence per se

Explanation:

Negligence per se consist in act that is neglectful, or unlawful, because it explicitely violates a statue or regulation.

In this case, the statue was the new state law that required smoke detectors to be maintained. The company that installed the smoke detector inside Jose's house clearly did not maintain the detector because otherwise, it would have gone off when the fire started, and Jose probably would not have died.

It is a negligence per se from the smoke detector company, and Jose's wife can lawfully sue them for that very reason.

5 0
3 years ago
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