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AnnyKZ [126]
2 years ago
5

Before he went to​ college, Jon bought a car from his brother Tony. They agreed that Jon would pay Tony​ $10,000 when Jon gradua

ted from college. While Jon was at​ college, inflation was higher than expected. Thinking only about the car​ transaction, this unexpectedly high inflation was​ ________. A. good for both Jon and Tony B. good for Jon but bad for Tony C. bad for both Jon and Tony D. bad for Jon but good for Tony
Business
1 answer:
kumpel [21]2 years ago
3 0

Answer:

B. good for Jon but bad for Tony

Explanation:

Before he went to​ college, Jon bought a car from his brother Tony. They agreed that Jon would pay Tony​ $10,000 when Jon graduated from college. While Jon was at​ college, inflation was higher than expected. Thinking only about the car​ transaction, this unexpectedly high inflation was​<u> good for Jon but bad for Tony .</u>

Generally, inflation favors borrowers and hurts lenders. Technically, Jon is owing Tony $10,000.

With an inflation rate of 5% the value of that money depreciates to 95% of its real value because inflation rate depletes the real rate of money and is the biggest factor of lose of monetary value.

The money that Jon will eventually pay Tony will be lesser in value which is good for Jon and bad for Tony.

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Your income is $75,000 per year. You cannot set up a ROTH IRA if you earn more than $95,000 per year. If your salary increases b
Alja [10]

Answer:

only one more year

Explanation:

Your income for the current year (year₀) = $75,000

Next year's income (year₁) = $75,000 x 1.2 = $90,000

Year 3's income (year₂)= $90,000 x 1.2 = $108,000

You will only be able to contribute to a ROTH account during the next year (year₁), since your income for year₂ will be higher than $95,000.

6 0
2 years ago
A quality improvement project was initiated in an industry that has seasonal demand for their product, coolers/ice chests, which
Vika [28.1K]

Answer:

The correct answer is letter "A": Histogram.

Explanation:

A Histogram is a graphic representation of grouped data in intervals. The data comes from quantitative variables. A histogram allows generating an idea of the distribution of the data or samples. Qualitative data can also be used but the amount of data must be large. This type of graph plots rectangular vertical bars together with proportional height to the intervals they represent.

Thus,<em> the project in the example can use a histogram to portrait its level of sales through the different seasons.</em>

7 0
2 years ago
Suppose the company that owns the vending machines on your campus has doubled the price of a can of soda. if they then still sel
Ierofanga [76]
The answer would be that there are few other places to purchase soda on campus; competition (or lack thereof) can play a big factor in determining price elasticity.

While nutrition information can shift consumers' preferences, we have no indication within the question of whether or not the students are well-informed of the impact of their drinking choices.

As for the third option, we are not given any information on the students' budgets, and no information with which to infer this, either. We only have information on their spending as it is related to soda, not as compared to other purchases.

Finally, given that the quantity sold does not change much despite the change in price, we can conclude that this price curve is relatively inelastic, in which case the price elasticity of demand would be closer to zero than one. This effectively rules out the last answer.
8 0
2 years ago
Mike is the Director of Human Resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye
inn [45]

Answer:

A. Assuming that employees would understand the content of the PowerPoint slides

Explanation:

One of the most common mistakes that can be made is assuming that the receiver on the other end of the communication chain would understand quite well, what message, you as the sender, is passing across.

In the scenario cited in the question above, the new benefit offerings that have been developed after the overhauling, of which Mike has taken his time to explain in a power point presentation just few months before employees would be required to enroll for the program, must have been misunderstand by the employees. The multiple emails reveals that the employees do not really understand the content, and this comes as a surprised to Mike. We can infer that Mike must have made the mistake of assuming that the employees would understand the content of the PowerPoint slides.

3 0
2 years ago
a carpet company paid $2496 for an imported rug. Their operating expenses are 35% of cost. if they sell the rug at a clearance p
yuradex [85]
I’m not sure but a calculator will help you. Actually you should look up websites that does your homework for u. It’s the best cheat sheet!
3 0
2 years ago
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