Molly should consider using a checking account to cover the cost of weekly groceries prior to payment from clients.
A checking account is designed for everyday transactions, such as depositing and withdrawing funds. It allows Molly to write checks or use a debit card to pay for her grocery purchases. With a checking account, she can deposit the funds from her clients and then use the account to pay for the groceries before the payments have cleared. This provides her with the necessary cash flow to cover the cost of groceries while waiting for payment from her clients.
By using a checking account, Molly can effectively manage her cash flow by having access to the necessary funds for grocery purchases before receiving payments from her clients.
Molly should consider opening a savings account to have the money necessary to pay the rent for the storage facility during months when she has less income.
A savings account is a type of deposit account that allows individuals to save money and earn interest on their deposits. By opening a savings account, Molly can gradually save up funds throughout the year to cover the rent for the storage facility during months when her income is lower. She can set aside a portion of her earnings each month into the savings account, building up a reserve of cash to use during the leaner months.
By utilizing a savings account, Molly can establish a financial buffer to ensure she has the necessary funds to cover the rent for the storage facility during months when her income is reduced.
Molly should consider opening a reward card or loyalty program offered by stores like Target to take advantage of offers and discounts specifically provided by those stores.
Many retail stores offer reward cards or loyalty programs to incentivize customer loyalty. These programs often provide discounts, exclusive offers, or points that can be redeemed for future purchases. By opening a reward card or participating in a loyalty program with stores like Target, Molly can access special offers and discounts that are specifically tailored to those stores. This can help her save money on regular expenses and take advantage of discounts that are not available to non-members.
By joining reward cards or loyalty programs offered by specific stores, Molly can maximize her savings by leveraging the discounts and offers provided by those programs, specifically targeting her regular expenses with stores like Target.
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2) Explain using welfare measures whether consumers prefer a single price monopoly or a perfectly price discriminating monopoly.
Welfare measures refer to measures used by the government to evaluate social welfare. Welfare measures could include consumer surplus, producer surplus, deadweight loss, and total surplus.A single-price monopoly is a market in which a single firm controls the entire market and sells at a single price.
A perfect price-discriminating monopoly is a market in which a single firm controls the entire market and charges different prices to different customers based on their willingness to pay. The price for each customer is equal to their marginal benefit.
Considering consumer surplus, a single-price monopoly will produce less of the good compared to a perfect price-discriminating monopoly. Consumers in a single-price monopoly market will experience a lower level of welfare as their surplus is reduced, while a perfect price-discriminating monopoly maximizes the consumer surplus.
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Martin borrows $15,000 from Tom, in the form of a check, and signs a promissory note, promising to pay Tom this amount plus 10 percent interest in one year. Tom indorses the note and negotiates it to Fronston. Fronston indorses the note and negotiates it to Liza. Liza presents the note to Martin for payment when the note is due. Martin refuses to pay the note. Who is secondarily liable to pay Liza
Frontston is secondarily liable to pay Liza.
What is secondarily liable?Simply , secondary liability occurs when one party accepts legal culpability for another party's activities. When one party encourages, enables, contributes significantly to, or is otherwise liable for the infringing activities committed by the other party, secondary responsibility results.A party may be subject to secondary liability for the payment of an instrument if they subsequently sign, transfer, or present it. Secondary obligation is contingent upon the draught or note remaining unpaid when it is given to the party that is mainly accountable for payment.The draft's drawer is only "secondarily" responsible for the instrument if it is drawn on a bank or another entity.To learn more about secondarily liable refer to:
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Project: Know Your Surroundings There are thousands of human services organizations worldwide. These service organizations feed the hungry, help the children of needy families, and strive for world peace. Believe it or not, some of them are working right in the heart of your community. Research (Step 1) (Read all directions before beginning research.) Make a list of ten service organizations, institutions, and agencies in your community. Discover as much information about them as possible by searching the Internet, local newspapers, and the telephone book. If necessary, make telephone calls to individual agencies to ask questions and gather additional information. Include the following information about them on your list: What is the name of the organization? What is its mission statement? Is it nonprofit or for-profit? Does the organization have volunteers? Is it a government agency? If so, is it federally, state, or independently operated? Name its target population(s). What services does it offer? Would you ever consider working for the organization (include why/why not)? At the bottom of each section on your list, make notes on any other information that you think is interesting about each organization. Application (Step 2) (Read all directions before starting application.) Once you have completed your research, think about what kind of human services organization you would want be a part of starting. Think about how you would adhere to the four fundamentals of human services philosophy. Then complete the following checklist: Name your organization. Develop your mission statement. A mission statement is the purpose of your organization summarized in a short paragraph. Use the mission statements from your research as a guide to develop your organization's mission statement. This should be no longer than three to five sentences. Will you start a nonprofit or for-profit organization? Will you employ human services workers, utilize volunteers, or both? What is your target population? What services are you going to provide?
Visual (step 3)
Using poster board, create a visual display for your organization. Use all information developed in step 2. Be creative and have fun.
Some human service organizations are:
The National Organization for Human Services. ...The American Public Human Services Association. ...American Counseling Association, etcWhat is a Mission Statement?This refers to the statement that contains the aims and objectives of a company or business.
Hence, the mission statement of the American Counseling Association is to enhance the quality of life and also to "advance the counseling profession, and using the profession and practice of counseling to promote respect for human dignity and diversity"
Therefore, the other human service organizations are:
Council for Standards in Human Service Education. National Council on Family Relations. Other Organizations of Interest, etc.Read more about mission statements here:
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What could be the career fallout for someone who is unwilling or unable to train to become a better communicator? Can workers today be successful if their writing is and remains poor?
Answer:
No, workers today cannot be successful when their writings are poor.
Explanation:
Proper communication skills and good writing skills is very important for somebody to achieve success in their life and it should be learned by people.
A person who does not want to undergo any training for good communication skills will be at big disadvantage because :
--- it will affect the career growth adversely.
--- the person will not be considered competitive and will not be preferred by the management.
--- there will be communication gap and he will not be able to communicate and express himself to others.
--- they will face a great deal of obstruction and improper communication can lead to big mistakes.
Workers or professional cannot be successful in their career if their writing skills are poor because :
--- they will not be able to prepare any reports or write any emails to their colleagues and to their seniors.
--- Instruction given to others in the organisation can be misleading and ambiguous if the workers are not able to properly communicate the written instructions.
Between the writer and the reader, clear messages help to develop trust and integrity. People should learn proper communication and writing abilities if they want to attain success in their lives.
A person who refuses to receive training in effective communication skills will be at a significant disadvantage because:
It will have a negative impact on job advancement.The person will not be regarded as competitive, and management will not favor them.He will be unable to speak and convey himself to others due to a communication gap.They will confront a significant deal of resistance, and a lack of communication can lead to major blunders.Workers and professionals cannot succeed in their careers if they have weak writing abilities because:
They will be unable to create any reports or send any emails to their coworkers or superiors.Written instructions given to others in the organization can be deceptive and confusing if the workers are unable to effectively express them.For more information regarding better communication, refer to the link:
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?.
The error will be declared as overstated.
What is overstated?
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
Auditors will question the board of directors of the corporation to explain why non-current assets in the accounts were exaggerated and not represented at their recoverable amount.
Preproduction expenses for the fiscal year 2010 were inflated by almost $4 million, totaling $55.4 million.
If an account or a figure on an account is inflated, the amount represented on the financial statement will be more than it should be.
The phrase "overstated" has two meanings when used by an accountant:
1. The reported sum is inaccurate, and
2. The amount that was reported exceeds what is true or accurate.
Another account will also have an inaccurate balance in a double-entry accounting or bookkeeping system.
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If a company mistakenly counts less items during a physical inventory than actually exist, how will the error affect the cost of merchandise sold?
A tax credit of $100 for a person in a 24 percent tax bracket would reduce a person's taxes owed by:
A tax credit of $100 for a person in a 24 percent tax bracket would reduce a person's taxes owed by $24.
Tax credit amount = $100
Tax rate (tax bracket) = 24%
Reduction in taxes owed = Tax credit amount × Tax rate
= $100 × 0.24
= $24
A tax credit is a direct reduction in the total tax liability, subtracted from taxes owed. It can be refundable or non-refundable. Tax owed is the final tax liability based on taxable income and applicable rates after deductions, credits, and exemptions.
If credits exceed taxes owed, the taxpayer may get a refund otherwise, they must pay the remaining amount. Credits incentivize certain behaviors or activities, promoting economic and social objectives.
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What are capital gains on an investment?
Capital gains are profits on an investment. whilst you sell investments at a higher price than what you paid for them, the capital gains are "found out" and you will owe taxes on the amount of profit.
Capital gain and different investment earnings range based on the source of the profit. Capital gains are the returns earned while an investment is bought for more than its purchase price. Funding earnings is take advantage of interest payments, dividends, capital profits, and another earnings made through an funding vehicle.Capital profits taxes follow only to “capital assets,” which include stocks, bonds, rings, coin collections, and actual estate. long-term gains are levied on profits of investments held for extra than a yr. quick-term gains are taxed on the person's regular income tax fee.
Subtract your foundation (what you paid) from the found out quantity (how an awful lot you offered it for) to determine the difference. if you sold your assets for more than you paid, you have a capital benefit. if you bought your assets for less than you paid, you have a capital loss.
Examples include a domestic, personal-use items like family furnishings, and stocks or bonds held as investments. when you promote a capital asset, the difference between the adjusted basis in the asset and the amount you realized from the sale is a capital gain or a capital loss.
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How many years would it take for money to increase to 3 times the initial amount at an interest rate of 18% per year?
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
The chart below shows an exchange rate table.
A 2-column table has 6 rows. The first column is labeled Currency with entries Bulgarian lev, Canadian dollar, Swiss franc, British pound, Japanese yen, and U S Dollar. The second column is labeled Exchange rate on April 3, 2013 (euro = 1) with entries 1.96, 1.301, 1.2149, 0.8482, 119.4065, 1.2839.
In this table, the reference currency is the
US dollar.
Swiss franc.
Japanese yen.
euro.
Answer:
the answer is (d) euro. might be wrong tho i dont know
sry...
In the table given below, based on the other currency rates, the reference currency is the Euro.
Reference Currency This is the currency that the other currencies are being compared to. Takes the value of 1.In the table above, the Euro takes the value of 1 and the other currencies are compared to it. This means that it is the reference currency. The reference currency can be used to calculate the exchange rate between the other currencies.
In conclusion, option D is correct.
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A food product is pulled from the consumer market after preliminary testing, before data conclusively proves that it causes pancreatic cancer. This is an example of:
Answer:
The precautionary principle
Explanation:
The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.
Underground Food Store has 4,000 pounds of raw beef nearing its expiration date. Each pound has a cost of $4.50. The beef could be sold "as is" for $3.00 per pound to the dog food processing plant, or roasted and sold in the deli. The cost of roasting the beef will be $2.70 per pound, and each pound could be sold for $6.40. What should be done with the beef, and why?
Answer: The beef should be roasted.
Explanation:
Sales revenue
Sell as is: 4000 × $3 = $12000
Processed further: = 4000 × $6.40 = $25600
Increase/Decrease in income: = $13600
Purchase cost:
Sell as is: 4000 × $4.50 = $18000
Processed further: = 4000 × $4.50 = $18000
Increase/Decrease in income: = $0
Cost of roasting:
Sell as is: 0
Processed further: = 4000 × $2.70 = $10800
Increase/Decrease in income: = -$10800
Net income = $13600 - $10800 = $2800
Since there is a net income of $2800 when they beef is roasted, therefore it should be roasted.
an example of a personal skill is
Answer:
Well, Personal skills refer to the inner abilities. Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.
chou company has a net income of $50,000, assets at the beginning of the year are $257,000 and assets at the end of the year are $307,000. compute its return on assets.
17% is the return asset for a chou company has a net income of $50,000, assets at the beginning of the year are $257,000 and assets at the end of the year are $307,000.
The sum earned by a business or an individual after costs, allowances, and taxes is referred to as net income. Net income in trade is the amounts that exists after all expenditures, such as wages and wages, the cost selling goods and materials, and taxes, have been paid. Everything that would or already has economic value to a corporation is considered a asset. In summary, commodities for businesses have been any things that fall under the company's ownership and supervision and are either currently valuable or possess the potential to be profitable in the near future. Examples include finances, machinery, and patents.
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Which is better Canes or Zaxbys?
A bond issued by a corporation on October 1, 2007, is scheduled to mature on October 1, 3007. If today is October 2, 2009, what is this bond's time to maturity
The bond's time to maturity is 998 years, during which the bondholder will continue to receive interest payments until the bond reaches its maturity date on October 1, 3007.
The bond was issued by a corporation on October 1, 2007, and is scheduled to mature on October 1, 3007. The time to maturity is the period between the issuance of the bond and its maturity date, during which the bondholder will receive interest payments. Since today is October 2, 2009, we need to calculate the remaining time until the bond reaches its maturity date.
The bond's total maturity period is 1,000 years (3007-2007). As of October 2, 2009, two years have passed since its issuance (2009-2007). Therefore, the time to maturity for this bond is 998 years (1,000-2).
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the profit mark-up is a percentage of the cost price which is added to the cost price in order to calculate the selling price.
true or false if false say why
Answer:
true
Explanation:
What are the general features of the financial institutions?.
The general features of the financial institutions are to provide loans and advance.
The general features of the financial institutions are :
provide loan and provide advance to the institutions.the rate of the return is high as in case of the investment that made in this institution.it also provided the highly rated consultancy to the customers for beneficial investments. it also acts as a depository for its customers. The financial investment are highly regulated.The financial institution plays a vital role in the the economy. it act as a intermediate between the savers and the borrowers. it acts as a agent between saver and the borrower.
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Supposing you have now P100,000 and you would like to invest, to which financial market you will course through your investment taking into account the safety of your fund and the possible risks. Justify your answer.
When considering the safety of funds and the potential risks, a suitable financial market for investment would be the bond market. Bonds are considered relatively safer than other investment options such as stocks or derivatives.
Here are the reasons why the bond market is a suitable choice:
Preservation of Capital: Bonds are debt instruments issued by governments, municipalities, or corporations. When you invest in bonds, you are essentially lending money to the issuer in exchange for regular interest payments and the return of the principal amount at maturity. As long as the issuer remains financially stable, the repayment of the principal is relatively secure, ensuring the preservation of your capital.
Fixed Income and Regular Payments: Bonds offer fixed interest payments at regular intervals, providing a stable income stream. This can be beneficial if you are seeking a regular and predictable cash flow from your investment.
Diversification: Investing in a variety of bonds can help diversify your portfolio. Bonds can have different maturities, credit ratings, and issuers, allowing you to spread your risk across multiple investments.
Lower Volatility: Compared to stocks, bonds tend to have lower volatility. Their prices are generally less influenced by market fluctuations, making them a relatively stable investment option.
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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security
A. It hopes to reduce the amount of money available for lending.
Explanation:
Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.
If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.
Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.
The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.
Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the security reach a stage of maturity.The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.Therefore, this process are put in place to balance the economy.
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1. Give the three (3)
business resources
Answer:
Financial Resources
Human Resources
Educational Resources
Explanation:
50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest
Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.
Countries I chose:
Japan
United States
Great Britain (UK)
Answer:
Japan 183-192billon dollars per year
USA 18.4 billion dollars
UK 5.05billion dollars
Where does the fdic’s reserve fund come from? a. the fdic has access to federal tax revenue. b. if an insured bank fails, the fdic keeps the money at that bank that is beyond the insured limit. c. a certain amount of money goes directly from the treasury to the fdic’s reserve fund. d. insured banks pay a premium on the money insured.
The federal deposit insurance corporation (FDIC) has access to federal tax revenue and that's from where its reserve fund comes.
The FDIC is a separate entity under the control of the US government. The FDIC safeguards American depositors of insured banks from losing their money in the event that an insured bank fails. Up to $250,000 per depositor for each type of ownership in each unique bank is insured by the FDIC.
Federal Tax Revenue is described as the money raised from income and profit taxes, social security taxes or "contributions," taxes imposed on goods and services, sometimes also referred to as "consumption taxes," payroll taxes, taxes imposed on the ownership and transfer of property, and other taxes.
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5. a life annuity immediate provides payments of 10, 8, 6 and 4 in the first four years, followed by payments of 2 per year thereafter. you are given: i. ii. iii. iv. v. calculate the actuarial present value of this annuity.
The actuarial present value of this annuity is $48.16.
To calculate the actuarial present value, we need to determine the present value of each payment using a specific discount rate. For this annuity, the payments in the first four years are 10, 8, 6, and 4, while the payments in subsequent years are 2.
Using a discount rate of 4%, the present value of the first payment is 9.52, the second is 8.64, the third is 7.68, the fourth is 6.64, and the fifth and subsequent payments are 1.92 each. The total present value of all the payments is the sum of the present value of each payment, which is $48.16.
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Ms. I. M. Strong is a 20 year old ballet dancer. Identify for her the FALSE statement regarding bone health. a. Young female athletes always regain any bone that is lost during adolescence. b. Calcium deficiency results in bone loss. c. Nutrition affects peak bone mass. d. Menstrual irregularities can result in bone loss.
The FALSE statement regarding bone health for Ms. I. M. Strong is option A: "Young female athletes always regain any bone that is lost during adolescence." This statement is incorrect because bone loss during adolescence can have long-term consequences on bone health, and not all bone lost during this period can be regained.
Calcium deficiency can indeed lead to bone loss, which is why it's important to have sufficient calcium intake to maintain strong bones. Nutrition also plays a crucial role in achieving peak bone mass, which is the maximum amount of bone that a person can have at any given time. A balanced diet that includes calcium, vitamin D, and other nutrients is essential for building and maintaining healthy bones.
Menstrual irregularities can also lead to bone loss, particularly in women with conditions like polycystic
This statement is false because it's not guaranteed that young female athletes will always regain lost bone during adolescence. Bone loss and recovery can depend on several factors, including nutrition, hormonal balance, and physical activity. While it is possible for some individuals to regain lost bone, it's not a universal truth for all young female athletes.
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If the union chooses not to bring a grievance to arbitration, the individual union member is normally ____________ to pursue a lawsuit against the employer to enforce contract provisions.
If the union chooses not to bring a grievance to arbitration, the individual union member is normally allowed to pursue a lawsuit against the employer to enforce contract provisions.
However, it is important to note that pursuing a lawsuit may be costly and time-consuming, and it is generally recommended for the union and employer attempt to resolve disputes through the grievance and arbitration process first.
By agreement of the parties, a dispute is presented to one or more arbitrators through the arbitration process, who then render an official ruling on the matter. Instead of going to court, the parties choose arbitration as a private conflict settlement process.
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What type of economy is the South African economy?
Answer:South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
Answer:
South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.
Explanation:
No Explanations
Lough Company prepared the following purchases budget:
Month Budgeted Purchases
June $42,000
July $48,000
August $40,000
September $47,000
October $48,400
All purchases are paid for as follows: 25% two months after purchase, 45% in the following month, and 30% in the month of purchase.
What are the total cash disbursements in August to account for the purchase of merchandise at Lough Company?
a. $45,670
b. $12,000
c. $44,100
d. $44,200
The total cash disbursements in August for the purchase of merchandise at Lough Company is $44,100.
To determine the total cash disbursements in August for the purchase of merchandise at Lough Company, we need to consider the purchases made in previous months and the respective payment terms.
In this case, the purchases budget for August is $40,000. According to the payment terms provided, 25% of purchases made two months ago (June) will be paid in August. This amounts to $10,500 ($42,000 * 25%).
Additionally, 45% of purchases made in the previous month (July) will be paid in August. This amounts to $21,600 ($48,000 * 45%).
Furthermore, 30% of purchases made in August will be paid in the same month, resulting in $12,000 ($40,000 * 30%).
By adding these amounts together, we find that the total cash disbursements in August for the purchase of merchandise at Lough Company is $44,100.
Therefore, the correct answer is c. $44,100.
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What is the correlation between consumer spending, discounts, rising prices, and the economy
Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
What is an inflation?An inflation means a persistent rise in general level of goods and service in a particular year.
Inflation affects consumer spending because the purchasing power of currency reducesInflation affects discount ratesInflation results to rising price of goods and servicesInflation gives the overall economy a hard timeIn conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.
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which of the following methods do economists use to study income differences across countries? check all that apply. the purchasing power parity method, used to compare incomes across countries the bundle of goods method, used to compare types of affordable goods across countries an environmental performance index the gdp deflator method, used to compare incomes across countries
Following methods economists use to study income differences across countries :
The purchasing power parity method, used to compare incomes across countries
Exchange rate conversion, used to express incomes in the common currency
A common metric used by macroeconomic analysts to compare the currencies of various nations using a "basket of goods" approach is purchasing power parity (PPP). Economists can compare economic productivity and living standards across nations thanks to purchasing power parity (PPP). In order to account for PPP, some nations modify their GDP estimates.
The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.
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