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Advocard [28]
3 years ago
10

Inflation redistributes income from people who do not raise their prices to people who do raise their prices. True / False.

Social Studies
1 answer:
jolli1 [7]3 years ago
8 0

Answer: it is true.

Explanation:

Let's suppose that inflation is 20%, If someone buys a motorcycle for $1000 and wants to sell the motorcycle to have his original money, that person will have to sell it in $1,200. Otherwise, that person will be receiving less money  and giving extra money to the new purchaser thus redistributing income.

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When the owner of a $250,000 life insurance policy died, the beneficiary decided to leave the proceeds of the policy with the in
dusya [7]

Answer:

If at the time of withdrawal the interest paid was $11,000, the beneficiary would be required to pay income tax on the same amount of $11,000.

Explanation:

The Interest Settlement Option is usually for people who don't need much money or the remedies which the Insurance Cover provides.

Sometimes they defer payment of the proceeds and collect interest on the same whilst they decide on what do do with the money.

When a beneficiary collects this sort of interest it is usually taxable.

Cheers!

3 0
3 years ago
The colony of ____ became an important city and center of trade near the Black Sea.
xxTIMURxx [149]

Answer:

Byzantium

Explanation:

Byzantine became an important city and centre of trade near the Black Sea. It was an ancient Greek city that became Constantinople after the Roman emperor Constantine I  when he decided to relocate the capital of the Roman Empire from Rome to Greek colony Byzantium and it is now known as Istanbul. The Byzantine became rich and flourished because of its location because of the centre of a trade route.

3 0
3 years ago
When devin asks if you like his new outfit and you, realizing devin is seeking a positive affirmation on his change of style, re
jenyasd209 [6]

I believe the answer is: Depth listening

Depth listening refers to a form of listening where the one who receive the message pay a lot of attention to find the underlying meaning of the message. From the example above, you relize that the underlying meaning of devin's question is to seek acceptance, and you deliver an answer to address that need.

4 0
3 years ago
Read 2 more answers
Match the following items.
stellarik [79]
1, BF

2. JM

3. PH

4. <span>Philadelphia
</span>
5. <span>Black slave

6. </span><span>George Washington
</span>
7. TF 

5 0
3 years ago
How does the Speaker of the House get their position?
valentina_108 [34]

The speaker of the house is chosen by the members of Congress by a process called a roll call vote.

5 0
3 years ago
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