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Vera_Pavlovna [14]
4 years ago
10

Which of the following is a good example of inflation?

Business
1 answer:
Ulleksa [173]4 years ago
4 0

Answer:

D. It cost you $85 to gas up your car this month. But last month it only cost you  $50.

Explanation:

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Three students have each saved $1,000. Each has an investment opportunity in which he or she can invest up to $2,000. Here are t
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Answer:

Complete the following table with how much each student will have a year later when the project pays its return.

Student Money a Year Later

Yakov <u>$1,040</u>

Charles <u>$1,070</u>

Dina <u>$1,150</u>

Now suppose their school opens up a market for loanable funds in which students can borrow and lend among themselves at an interest rate r.

If a student’s expected rate of return is greater than r, he or she would choose to (lend, borrow).

Suppose the interest rate is 6 percent.

Among these three students, the quantity of loanable funds supplied would be <u>$1,000</u>, and quantity demanded would be <u>$2,000</u>.

Now suppose the interest rate is 12 percent.

Among these three students, the quantity of loanable funds supplied would be <u>$2,000</u>, and quantity demanded would be <u>$1,000</u>.

At an interest rate of <u>7%</u>, the loanable funds market among these three students would be in equilibrium.

At this interest rate, <u>Yakov</u> would want to borrow, and <u>Dina</u> want to lend.

Suppose the interest rate is at the equilibrium rate.

Complete the following table with how much each student will have a year later after the investment projects pay their return and loans have been repaid.

Student Money a Year Later

(Dollars)

Yakov <u>$1,070</u>

Charles <u>$1,070</u>

Dina <u>$1,230</u>

True or <u>False</u>: Only borrowers are made better off, and lenders are made worse off.

6 0
3 years ago
The gross domestic product (GDP) of the United States is defined as the__all__in a given period of time. Based on this definitio
andreyandreev [35.5K]

Explanation:

The gross domestic product (GDP) of the United States is defined as the production of all goods and services, in a given period of time.

GDP formula:

GDP= Consumption (C)+ Investment (I)+ Government expenditure (G)+ (Exports - Imports) (Net exports)

- In 2017 Roadway Motors, a U.S. automobile company, produces a convertible at a plant in Germany. Not included if it is not sold

- March 15, 2017. Roadway Motors imports the convertible into the United States. Included in Imports (M) account. This will decrease GDP

-May 3, 2017. An accountant starts a client's 2017 tax return on April 14, 2018, finishing it just before midnight Not included before the client pays taxes. After the client pays, then it is included in government earnings and expenditure. (G)

-April 15, 2018. Zippycar, a U.S. automobile company, produces a convertible at a manufacturing plant in Minneapolis. Not included if it is not sold.

-January 8, 2017. It sells the car at a dealership in Miami. Included in Consumption (C) account. This will increase GDP

-February 14, 2017. a Japanese automobile company, produces a sedan at a plant in Indiana. Not included if it is not sold.

-December 12, 2017. A family buys the sedan on December 24. Included in Consumption (C) account. This will increase GDP

Rotato, a U.S. tire company, produces a set of tires at a plant in Michigan on September 19, 2017. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2017. Included in Investment (I) account because it represents a capital expenditure for Speedmaster. This will increase GDP

3 0
3 years ago
Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a
irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0
3 years ago
In its first month of operations, Giffin Company made three purchases of merchandise in the following sequence: (1) 240 units at
alisha [4.7K]

Answer:

$1,395

Explanation:

Total cost of Inventory purchased

= (No. of units × Per unit price) +  (No. of units × Per unit price) +  (No. of units × Per unit price)

= (240 × 8) +(340 × 10) +(440 × 11)

= 1,920 + 3,400 + 4,840

= $10,160

Number of units purchased = 240 + 340 + 440

                                              = 1,020

Average cost per unit = total cost /No. of units

= 10,160 /1,020

= $ 9.9608 per unit

Cost of ending inventory = 140 × 9.9608

= $1,395

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3 years ago
Accounting assessment q15/15 assigning indirect costs to specific jobs is completed by _____.assigning indirect costs to specifi
borishaifa [10]

Assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

<h3>What are indirect costs?</h3>

Indirect costs are costs that are not directly traceable to cost objects (e.g. a job, product, or service unit).

Indirect costs are overheads incurred as a result of a business activity but without direct impact.  For example, utilities, office supplies, etc. are all indirect costs.

Thus, assigning indirect costs to specific jobs is completed by D. applying indirect costs to work in process.

Learn more about indirect costs at brainly.com/question/24762880

#SPJ1

5 0
3 years ago
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