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Tems11 [23]
3 years ago
14

Nick manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday,

he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value. What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the of _________inflation.
a. menu costs
b. shoe-leather costs
c. unit-of-account costs
Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

I believe the answer is B, so Shoe leather Cost

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What amount needs to be invested today at 6% simple interest in order to have $4000 in 2 years?
garri49 [273]
Data:
A (amount) = ?
P (Principal) = $ 4000
r (rate) = 6% → 0.06
t (time) = 2 years

Formula:
A = P(1+r*t)

Solving:
A = P(1+r*t)
A = 4000(1+0.06*2)
A = 4000(1+0.12)
A = 4000*1.12
\boxed{\boxed{A = \$\:4480}}\end{array}}\qquad\quad\checkmark


4 0
3 years ago
The management of Won League Lotteries was planning to shut down one of its offices. This shutdown was going to result in layoff
KatRina [158]

Answer: Soldiering.

Explanation:

In response to the speculation that some workers would be laid off, the employees have resorted to Soldiering as a form of protest. Soldiering involves employees doing work within given period of time.

7 0
3 years ago
A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010
QveST [7]

Answer:

19%

Explanation:

Given that,

Nominal GDP in 2010 = $200 billion

Nominal GDP in 2009 = $180 billion

GDP deflator in 2010 = 125

GDP deflator in 2009 = 105

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= (20 ÷ 105) × 100

= 0.19 × 100

= 19%

Therefore, the prices increases by 19%.

6 0
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Answer:

A receivable.

Explanation:

Mild Max Cycles had a notes receivables, which it already discounted with some financial institution, which later on the maturity date stand to be dishonored.

It is clear that the company earlier already collected the money against it, but now as the note receivable was discounted with recourse that is it provided assurance to the financial institution, in case of any failure, thus, the company will pay back to the financial institution and that the company still have the right to receive it back from the note receivable.

7 0
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Explain the following term:-<br>a)market segment​
SIZIF [17.4K]

Answer:Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action

Explanation:

7 0
3 years ago
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