Critics of the wealth gap might argue that

Andrea just graduated from college and is about to enter the workforce. Andrea should have no problem getting a job since employ

Olegator [25]

Answer:

True

Explanation:

During recession, unemployment level rises , and falls when this level is over. Andre should expect to get a job if the economy has returned to a pre-recession level.

Recession refers to a period in the economic cycle, where productivity has fallen and the Gross Domestic Product(GDP) has recorded negative growth for more than two quarters.

4 0

3 years ago

Which employees work directly with customers, helping them make deposits and withdrawals?

Maksim231197 [3]

Answer:

A. bank teller

Explanation:

bank teller is a person who manages deposits and withdrawls

3 0

3 years ago

Read 2 more answers

Determine if the people in the example have benefited (i.e., are winners) or have been harmed (i.e., are losers) by unexpected i

nevsk [136]

Answer:

Winners

3rd National, a bank that loaned many people money for home purchases.

Losers

Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.

Herb, who keeps his savings in an old coffee can.

Joy, who has borrowed $40,000 to pay her college education.

The US federal government which had almost $15 trillion in debt in 2011.

Explanation:

When unexpected inflation occurs, the usual plan to by Monetary Institutions of a country is raising the interest rates.

By doing that, they want to stop it or slowly decelerate it.

So that it becomes more expensive to take a loan, the idea is to reduce consumption.

In Economics, it's a bad scenario after all. Few winners. Many losers.

So, let's examine them

Winners

3rd National, a bank that loaned many people money for home purchases.

At first, The 3rd National is going to be winning since the value of the debt will rise, depending on the type of contract and an increase in the interest rate will demand corrections on the monthly payments. But on the other hand, the number of default clients and overdue installments will raise for sure.

Losers

Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.

Inflation reduces the real buying value of her checks. And her pension can't grow otherwise this will feed the inflation too.

Herb, who keeps his savings in an old coffee can.

Since his money is not invested then He's not having any earning that might give him some compensation. So his money is even more devalued.

Joy, who has borrowed $40,000 to pay her college education.

Depending on the contract Joy might be sleepless. Either her monthly payments will become more expensive or She may experience difficulties because of the weekly growing prices.

The US federal government had almost $15 trillion in debt in 2011.

Certainly, the president and his secretary will have to address the fact that due to inflation and the chosen medicine make the nation's debt up to the sky. They must renegotiate the payment deadlines.

7 0

3 years ago

Karen and Anika, the owners of a new personal assistant firm called Assist You 2, are interested in offering their services in a

maks197457 [2]

The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.

<h3>What is positioning?</h3>

The process of positioning refers to the establishment of a business and its products in the market by creating awareness about it. This product positioning helps to create an image of the products among customers.

This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.

Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.

This helps them to settle the unique value of their products among customers after recognizing the value of competitors' products.

Learn more about positioning, here:

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4 0

2 years ago

Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Rou

Inessa05 [86]

a. The present value of $300 per year for 16 years at 6% is $3,031.77.

It is calculated using an online finance calculator as follows:

N (# of periods) = 16 years

I/Y (Interest per year) 6%

PMT (Periodic Payment) = 300

FV (Future Value) = $0

Results:

PV = $3,031.77

Sum of all periodic payments = $4,800.00

Total Interest $1,768.23

b. The present value of $150 per year for 8 years at 3% is $1,052.95.

It is calculated using an online finance calculator as follows:

(# of periods) = 8 years

I/Y (Interest per year) = 3%

PMT (Periodic Payment) = $150

FV (Future Value) = $0

Results:

PV = $1,052.95

Sum of all periodic payments = $1,200.00

Total Interest = $147.05

c. The present value of $700 per year for 8 years at 0% is $5,600.00.

It is calculated using an online finance calculator as follows:

N (# of periods) = 8 years

I/Y (Interest per year) = 0%

PMT (Periodic Payment) = $700

FV (Future Value) = $0

Results

PV = $5,600.00

Sum of all periodic payments = $5,600.00

d. The present value of $300 per year for 16 years at 6% as an annuity due is $3,213.67.

It is calculated using an online finance calculator as follows:

N (# of periods) = 16 years

I/Y (Interest per year) 6%

PMT (Periodic Payment) = 300

FV (Future Value) = $0

Results:

PV = $3,213.67

Sum of all periodic payments = $4,800.00

Total Interest = $1,586.33

e. The present value of $150 per year for 8 years at 3% as an annuity due is $1,084.54.

It is calculated using an online finance calculator as follows:

(# of periods) = 8 years

I/Y (Interest per year) = 3%

PMT (Periodic Payment) = $150

FV (Future Value) = $0

Results:

PV = $1,084.54

Sum of all periodic payments = $1,200.00

Total Interest = $115.46

f. The present value of $700 per year for 8 years at 0% as an annuity due is $5,600.

It is calculated using an online finance calculator as follows:

N (# of periods) = 8 years

I/Y (Interest per year) = 0%

PMT (Periodic Payment) = $700

FV (Future Value) = $0

Results

PV = $5,600.00

Sum of all periodic payments = $5,600.00

<h3>What is the difference between an ordinary annuity and an annuity due?</h3>

An ordinary annuity involves regular payments made <u>at the end</u> of each period, while an annuity due involves payments are made at the <u>beginning</u> of each period. For example, consistent quarterly stock dividends are an ordinary annuity just as monthly rent is an annuity due.

<h3>Data and Calculations:</h3>

a. $300 per year for 16 years at 6%

b. $150 per year for 8 years at 3%

c. $700 per year for 8 years at 0%

d. Present value of $300 per year for 16 years at 6%

e. Present value of $150 per year for 8 years at 3%

f. Present value of $700 per year for 8 years at 0%

Learn more about annuity at brainly.com/question/25792915

6 0

2 years ago