The institution’s governing board decided to create an endowment from contributed funds, this is called a(n) ________ and the funds are unrestricted.

Answers

Answer 1

An endowment created by an institution's governing board using contributed funds is called a(n) "endowment fund". This type of fund is unrestricted, meaning that there are no specific restrictions placed on how the funds can be used.

The purpose of creating an endowment fund is to generate income that can be used to support various initiatives of the institution, such as scholarships, research grants, or facility improvements. Endowment funds are typically invested in a diverse portfolio of assets, such as stocks, bonds, and real estate. The income generated from these investments is used to support the institution's activities while preserving the principal amount of the endowment fund.

This allows the institution to have a sustainable source of funding for the long term. In summary, the institution's governing board decided to create an endowment from contributed funds, which is a type of fund that is unrestricted and aims to generate income to support the institution's initiatives.

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Related Questions

Can't we run a business without training?

Answers

yes definitely.......

PLEASE HELP AS QUICK AS YOU CAN
Question 21 (1 point)
Which of the following should be calculated as a start-up cost for a business?
(A) Rent
(B) Permits
(C) Utilities
(D) Payroll​

Answers

Permits are typically considered a start-up cost for a business. Option B is correct.

Start-up costs are the expenses a new business incurs before it begins generating revenue. These costs are necessary for the business to become operational and may include expenses such as permits, licenses, legal fees, equipment, and initial inventory.

Permits are required for businesses to operate legally and are often required before other start-up expenses such as rent or utilities. Permits can include zoning permits, building permits, health permits, and business licenses. The cost of obtaining these permits can vary depending on the location and type of business.

Rent, utilities, and payroll are ongoing expenses that a business incurs after it has started generating revenue. These are not typically considered start-up costs since they are not necessary for the business to become operational but rather are recurring costs that a business will continue to incur.

Therefore, option B is correct.

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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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If the product or service you sell is taxable, you must obtain is ———— A. A sales tax permit B. An employer identification number C. A business checking account D. Business cards

Answers

Answer:

The answer I prefer is

Explanation:

An employer identification number.

Hope this helps....

Have a nice day!!!!

When Heidi Ganahl first started out with Camp Bow Wow, she spent a lot of time "micromanaging" things, but as time went by, she spent more of her focus on which aspect of management functions?


Organizing


Establishing goals and objectives


Directing


Strategic planning


Controlling

Answers

Answer: Strategic planning

Explanation:

Strategic planning is when an organization sets its priorities, and also strengthens its operations so that organizational goals and objectives can be achieved.

Heidi Ganahl, who's the CEO of Camp Bow Wow, said that as the company was growing, she utilized strategic planning by making strategic decisions and planning in order to achieve organizational aims.

determining if the financial instruments included in the schedule of investment activity at year-end are stated at appropriate amounts in accordance with accounting standards is the balance-related audit objective of

Answers

The balance-related audit aim of realisable value is to ascertain if the financial instruments listed on the schedule of investment activity at year-end are reported at acceptable amounts in line with accounting rules.

According to AS 4, assets and liabilities must be adjusted for events that occur after the balance sheet date and give new information that materially affects the amounts related to the conditions at the time of the balance statement.

Therefore, when identifying contingencies and calculating the amounts at which such contingencies are included in financial statements, events that occur after the balance sheet date that suggest that an asset may have been impaired or that a liability may have existed at the balance sheet date are taken into account.

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Did you know that you can save 15% or more with GEICO on car insurance?

Did you know that you can save 15% or more with GEICO on car insurance?

Also, when was Geico founded? Why is a gecko the mascot? What is the advertising value of that?
Did you know that you can save 15% or more with GEICO on car insurance?

Did you know that you can save 15% or more with GEICO on car insurance?

Answers

Answer:

I totally had no idea

Explanation:

I cant believe it!!

Yes, GEICO claims that you can save 15% or more on car insurance.

The GEICO gecko, also known as the GEICO lizard, became the company's mascot in 1999. The choice of a gecko as a mascot was a strategic decision by GEICO's advertising team. The gecko was selected for its likability and distinctiveness, helping GEICO to stand out in a crowded insurance market. The gecko character quickly gained popularity through memorable and humorous advertisements, which contributed to GEICO's brand recognition.

The advertising value of using a gecko as the mascot lies in its ability to create a strong and memorable association with the GEICO brand. The gecko has become synonymous with GEICO, and the consistent use of the character in their advertising campaigns has helped build trust and familiarity with customers. By utilizing a unique and recognizable mascot, GEICO has successfully captured attention, increased brand awareness, and ultimately attracted customers to explore their insurance offerings.

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Full of Fun Industries has been reviewing their advertising spending on traditional media such as television, radio, and print. The noticed that their competitors across the country are spending less on traditional advertising and more on ________, which includes online search, display and video ads, and advertising on social media

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Answer to the given question is  Digital Advertising.The noticed that their competitors across the country are spending less on traditional advertising and more on Digital Advertising, which includes online search, display and video ads, and advertising on social media

Digital Advertising is a form of advertising that uses digital technologies such as the internet, mobile phones, display advertising, and any other electronic media to promote products and services. It is becoming increasingly popular among businesses due to its ability to reach a wider audience and its cost-effectiveness.

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The table below shows the earnings, in thousands of dollars, for three different commissioned employees. $2,000 3% on all sales 7% on all sales 5% on the first $40,000 8% on anything over $40,000 December 4. 4 5. 6 5. 2 January 2003. 5 3. 85 3. 6 February 2004. 7 4. 9 4. 4 Who had the largest dollar amount in sales for the month of December? a. The salary plus commission employee. B. The straight commission employee. C. The graduated commission employee. D. They each had the same dollar amount in sales.

Answers

The earnings of the three employees are X=$2,135, Y=$392, Z=$260.

What is the commission?

The commission is basically the amount of service charge which is given by the employer to their employee in addition to his income.

Let, the three employees be X, Y, and Z.

Given that,

Employee X earns $2,000 with 3% on all sales.

Employee Y earns 7% on all sales.

Employee Z earns 5% on the first $40,000, and 8% for sales over $40,000.

The table is shown in the image below about the sales of December, January, and February.

Computation of earning:

Earning in December are as follows:

Employee X:

\(=\$2000+3\%(\$4,400)\\ = \$2,132.\)

Employee Y:

\(7\%(\$5,600) = \$392\)

Employee Z:

\(5\%(\$5,200) = \$260\)

Hence, employee A has the largest amount of earnings in the month of December.

Therefore, option A is correct, where A is the salary plus commission employee.

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The table below shows the earnings, in thousands of dollars, for three different commissioned employees.

Answer:

The correct answer is D.

Explanation:

They each had the same dollar amount in sales.

Government policies that can spur innovation, in addition to patent protection, include a. direct government investment in research and development. b. government regulations that require innovative products. c. subsidizing goods with positive externalities. d reduction of negative externalities

Answers

Government policies that can spur innovation, in addition to patent protection. Direct government investment in research and development. By setting standards or requirements for new and innovative products, the government can motivate companies to invest in research and develop novel solutions to meet these demands.

Subsidizing goods with positive externalities. By providing financial incentives for products that have benefits beyond their immediate consumers, such as reduced pollution or increased public health, the government can encourage the development of innovative goods that promote overall societal well-being. Reduction of negative externalities: By implementing policies that minimize the negative impacts of certain products or industries, the government can encourage companies to invest in innovative solutions that reduce these harmful effects. These are some examples of government policies that can spur innovation beyond patent protection, helping to drive progress and improve society.

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If you were trying to explain measures of central tendency to someone with a limited statistical background, how would you do it? When is each of the measures most appropriately utilized and what are some of the potential problems with the different measures? Which of these measures was most familiar to you before reading the course material for this week?

Answers

Answer:

Central tendency includes concepts like mean, median, mode, upper and lower limit, variance, standard deviations etc

Explanation:

mean is the total average of all the datapoints.

median is the middle value which separates the higher points and the lower datapoints.

mode is the highest data point from the dataset.

standard deviation is the variation from the trend observed in the dataset and all the

Gequirement 4 . Why does Skylark Design assign costs to jobs? 1 that cover all costs and contribute to profit. Assigning costs to also can help Skylark Design control costs. Skylark Design assigns costs to jobs to help the company

Answers

Skylark Design uses cost assignments to assess the actual expenses of each project, guarantee profitability, and regulate spending.

Skylark Design assigns costs to jobs to help the company to cover all costs and contribute to profit as well as to control the costs.

Basically, Skylark Design assigns costs to jobs to determine the true cost of each project and to make sure that they make a profit. They can then estimate how much they should charge their clients and negotiate the price of the project so that it is fair to both parties.

Assigning costs to also can help Skylark Design control costs. For example, if they find that they are overspending on a certain type of material or that a certain employee is taking too long to complete a task, they can make adjustments to ensure that they stay within their budget. This can help them to avoid going over budget on a project, which can eat into their profits.

In conclusion, Skylark Design assigns costs to jobs to help them determine the true cost of each project, make sure that they make a profit, and control their costs.

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To examine
the weekly payroll of all employees, one would look at the:

Answers

To examine the weekly payroll of all employees, one would look at the: d. payroll register.

What is the payroll register?

The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.

A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.

Options:

a. W-4

b. employee earnings record

c. W-2

d. payroll register.

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When you hire an accountant to do your taxes, they showed you their license. After accountant finished taxes, the person finds out the license was false. What is the defense?

Answers

There is no defense for an accountant who falsely represented themselves as licensed. The person who hired the accountant would have a legal claim against the accountant for fraud and could potentially file a complaint with the appropriate state licensing board.

Accountants are required to be licensed to practice by state boards of accountancy. These boards set minimum education and experience requirements for obtaining and maintaining a license. They also require accountants to comply with ethical and professional standards. If an accountant falsely represents themselves as licensed, they are engaging in unethical and illegal behavior. The person who hired the accountant could argue that they were misled and suffered harm as a result of the accountant's false representation. They could potentially seek damages to cover any losses or expenses incurred as a result of the accountant's actions.

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The price of orange juice increases. Which of the following is not part of the chain of events that will follow from the price change?

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The manufacturing lay off of orange juice not part of the chain of events that will follow from the price change.

What is price change?It's not unusual for prices to vary when you go to the grocery shop. This comparison does not immediately apply to SaaS businesses because supply networks for physical commodities are more susceptible to disruption and frequently employ cost-plus pricing. However, just because a product is digital and even uses value-based pricing doesn't mean that factors that influence price aren't also subject to constant change.New competitors or new technology popping up can reduce the perceived value of your software, causing you to lower prices.The areas where you'll probably invest the most time are market research and analytics. In fact, if there are too many participants in the process, a feedback loop might form and make this stage take longer than it ought to. Setting deadlines can help you avoid this and what we refer to as "analysis paralysis."

hence,  the manufacturing lay off of orange juice not part of the chain of events that will follow from the price change.

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calculate the wacc for optimus. as a reminder, optimus is funded with 40% debt and 60% common stock; there is no preferred stock in the capital structure. the debt has an after-tax cost of 4%. use the optimus required rate of return on equity that you calculated using the capm. explain why it is appropriate for optimus to value the electrobicycle project using its wacc. compare using the wacc to using solely the cost of equity in valuing the electrobicycle project.

Answers

The wacc to using solely the cost of equity in valuing the electrobicycle project is 7.96%. Required rate of return on equity using the capital asset pricing model (CAPM)

required return on equity = risk-free rate + (beta of of stock*Market risk premium)

required return on equity = 4% + (1.10*6%) = 4% + 6.6% = 10.6%

Optimus' required rate of return on equity using the capital asset pricing model (CAPM) is 10.6%.

WACC (weighted average cost of capital) = weight of debt*after-tax cost of debt + weight of equity*Cost of equity

weight of debt and equity are given as: 40% debt and 60% equity.

Cost of equity is the required return on equity of 10.6% an after-tax cost of debt is given as 4%.

WACC = 0.40*4% + 0.60*10.6% = 1.6% + 6.36% = 7.96%

the WACC for Optimus is 7.96%.

Optimus should use WACC to value its Electro bicycle project because its capital structure includes more than one source of capital i.e. it includes both debt and equity.

If optimus uses solely the cost of equity in valuing the Electro bicycle project instead of WACC then there will be mismatch between cash flows from the project and discount rate. WACC is the required return for all the investors/capital providers of the project.

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development of regulatory mechanism in banking​

Answers

Answer:

The development of regulatory mechanisms in the banking industry has been an ongoing process to ensure the stability and integrity of the financial system.

Explanation:

This includes the implementation of rules and guidelines for banks to follow, as well as the establishment of independent agencies to monitor and enforce compliance. Some examples of regulatory mechanisms in banking include the Basel Accords, which set international standards for bank capital and liquidity, and the Dodd-Frank Wall Street Reform and Consumer Protection Act, which introduced stricter regulations on banks in the wake of the 2008 financial crisis. The goal of these regulatory mechanisms is to protect consumers and investors, prevent financial fraud and abuse, and maintain the overall stability of the banking system.

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PLS HELP ME I NEED THIS DONE TODAY!!! What does the audience focus on when an entire photograph is in focus? OA. OB. O c. O D. They focus only on the subject of the image. They review the entire image. They mainly focus on the foreground. They mainly focus on the background.​

Answers

The answer is C. They mainly focus on the foreground in photograph.

When an entire is in focus, the audience's focus is not solely limited to the subject of the image. Instead, they tend to review the entire image, taking in all the details and elements present. While the subject may still attract initial attention, viewers often explore the composition as a whole.Photographs that are in sharp focus throughout offer a balanced visual experience, allowing viewers to engage with the foreground, middle ground, and background equally. This encourages them to examine various elements and relationships within the frame. To improve decision making and creativity in teams, several strategies can be employed. First, fostering open and inclusive communication is essential. Encouraging team members to freely express their ideas, opinions, and concerns creates a collaborative environment where diverse perspectives can be considered.Secondly, establishing a clear decision-making process can streamline the team's efforts. Defining roles and responsibilities, setting goals and objectives, and outlining the steps to reach a decision can enhance efficiency and effectiveness.

Encouraging creative thinking and innovation is also crucial. Providing space for brainstorming sessions, idea generation, and exploration of different possibilities allows team members to think outside the box and come up with unique solutions.

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Which of the following would normally fall under general education requirements at a college?
A. Literacy, natural sciences, social sciences, and physical education B. Music, physical education, world languages, and behavioral sciences
C. Math, music, physical education, and military history
D. Math, literacy, natural sciences, and social sciences​

Answers

Answer: D. Math, literacy, natural sciences, and social sciences​

Explanation:

General Education Requirements prepares students with the skills that are needed to enhance their employability and also help them in course of life. Some of these skills include oral and written communication, problem solving, critical thinking, etc.

Some of the subjects that would normally fall under general education requirements at college are Writing, Mathematics, Social science, Natural science, Global awareness, Diversity. etc.

what are the advantages and disadvantages of common stocks​

Answers

Advantages:

You can invest in companies with limited liability. Common stocks offer a higher earning potential. You can easily purchase common stock on virtually any trading platform. Common stocks can provide dividends. You’ll get to take advantage of a growing economy.

Disadvantages:

You are the last person to get paid during a company liquidation. You don’t have much control over your investment. Companies are not required to pay dividends on common stocks. It can take time to generate significant gains. You will face high levels of professional competition when investing in common stocks.

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Determine which of the following statements best describes the control principle as it relates to an accounting information system. Multiple choice question. The principle prescribes that management should verify all transactions before they are entered into the accounting system. The principle prescribes that an accounting information system have internal controls. The principle describes the U. S. GAAP rules of double entry accounting within an accounting system. The principle outlines the rules regarding when revenue should be recognized within an accounting system.

Answers

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

The statement which best describes the control principle as it relates to an accounting information system is that, the principle prescribes that an accounting information system have internal controls.

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

Because it is the "Correct Answer"

identify three of the many shared ethical standards among businesses that are incorporated in codes of ethics​

Answers

Social responsibility, fair pricing and truth in advertising.

What is the term for a legally-binding document outlining the terms and conditions of a business transaction?

Answers

Answer:

A contract.

Explanation:

What are the three primary types of management information systems available to support decision making across the company levels?

Answers

The three primary types of management information systems (MIS) available to support decision making across company levels are: Executive Information Systems (EIS), Decision Support Systems (DSS), Transaction Processing Systems (TPS).

1. Executive Information Systems (EIS): These systems are designed to provide top-level executives with summarized and highly aggregated information. EIS typically present key performance indicators (KPIs), strategic reports, and other relevant data to support strategic decision making. They focus on providing a broad overview of the organization's performance and enable executives to monitor trends, identify issues, and make informed decisions.

2. Decision Support Systems (DSS): DSS assist managers at various levels in making semi-structured and unstructured decisions. These systems utilize data analysis, modeling, and simulation techniques to provide insights and support decision making. DSS often incorporate interactive interfaces, what-if analysis, and scenario planning tools to help managers evaluate different alternatives and assess the potential outcomes of their decisions.

3. Transaction Processing Systems (TPS): TPS are operational systems that capture and process day-to-day transactions and operational data. They are typically used at the operational level of the organization and provide accurate and timely information for routine decision making. TPS record transactions such as sales, purchases, inventory movements, and employee data. They ensure the smooth flow of data and support efficient business operations.

These three types of management information systems cater to different managerial levels and decision-making needs within an organization, ensuring that relevant and timely information is available to support effective decision making.

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If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage

Answers

The profit in percentage given the revenue and the expenses is -38.60%

What is the profit in percentage?

Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.

Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.

Profit = revenue - expenses

1,000,000 - 1,386,000 = -386,000

Profit in percentage = (profit / revenue) x 100

(-386,000 / 1,000,000) x 100 = -38.6%

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There are 8 kinds of sewing machine. Are all of them are used for constructing a garment? Why?

Answers

no, they can be used for mechanical uses

You have a startup company that is not particularly well known. Your annual sales at the end of year 1 are $100,000. Due to hard work, however, you expect that your sales will grow by 25% every year. What type of cash flow is this? Irregular Series Gradient Series Geometric Series Uniform Series

Answers

The cash flow described in this scenario is a geometric series characterized by a constant growth rate of 25% each year.

The type of cash flow described in this scenario is a geometric series. A geometric series is a sequence of numbers in which each term is obtained by multiplying the previous term by a constant ratio. In this case, the annual sales are expected to grow by 25% each year, which means the sales for each subsequent year will be 1.25 times the previous year's sales.

The annual sales of $100,000 at the end of year 1 serve as the starting point, and by applying the growth rate of 25% (or 1.25), we can calculate the sales for each subsequent year. The sales for year 2 would be $100,000 x 1.25 = $125,000, for year 3 it would be $125,000 x 1.25 = $156,250, and so on.

This pattern continues indefinitely, with each year's sales being 25% higher than the previous year. A geometric series is characterized by its constant ratio between consecutive terms, making it suitable for modeling scenarios with consistent growth rates over time.

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Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.

Answers

Answer:

c. She should pay with a credit card.

Explanation:

Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.

Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.

Later she can check her account details and make payments to the bank as per requirement.

Explanation:

The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.

Why debit card is better than cash?

You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.

This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.

Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.

Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.

Thus, the ideal selection is option B.

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what is Photosynthesis?

Freé points -,-

Answers

Answer:

photosynthesis is a process by which green plants prepare their own food with the help of sun light and chlorophyll.

Answer:

the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.

The price of a Honda Accord


a. and the price of a Honda Accord divided by the price of a Honda Civic are both real variables

b. and the price of a Honda Accord divided by the price of Honda Civic are both nominal variables.

c. is a real variable, and the price of a Honda Accord divided by a Honda Civic is a nominal variable.

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Answers

Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

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