Final answer:
To calculate the inflation rate from 2012 to 2013, subtract the price index of 2012 from that of 2013, divide by the 2012 price index, and then multiply by 100. The inflation rate between these years was 5%.
Explanation:
The question you asked is about the calculation of the inflation rate, which is a measure of how much the overall price level of goods and services has risen over time.
To calculate the inflation rate between two consecutive years, you take the price index of the later year, subtract the price index of the earlier year, then divide by the price index of the earlier year and multiply by 100 to get a percentage. So for your given example, where the price index was 120 in 2012 and 126 in 2013, you would calculate the inflation rate using the following formula:
Inflation Rate = ((Price Index in Later Year - Price Index in Earlier Year) / Price Index in Earlier Year) × 100
For your specific question:
Inflation Rate = ((126 - 120) / 120) × 100
Inflation Rate = (6 / 120) × 100
Inflation Rate = 0.05 × 100
Inflation Rate = 5%
Therefore, the inflation rate from 2012 to 2013 was 5%.
Which category in Maslow's hierarchy includes basic survival needs such as air, food, water, and shelter? A. Physiological needs B. Social needs C. Safety needs D. Self Actualization
What is the change due if a $50 bill is tendered for a charge of $9.76?
A.41.76
B.40.24
C.42.04
Why are refillable glass beverage bottles rarely used in the united states today?
Why should a student not eat or drink from laboratory equipment?
Select the most likely outcome of making only on-time minimum payments to a credit
card with a balance for an entire year?
A. Making 12 on-time minimum payments means that your credit card is completely paid off.
B. Your payments will have gone mostly towards paying interest and you will still owe the majority of the balance that you had from a year ago.
C. The credit card will reward you with a lower interest rate once you've made 12 consecutive on-time payments.
D. Your credit score will suffer because making minimum payments doesn't count as an on-time payment for the 'payment history' portion of the credit score.
The answer is "B. Your payments will have gone mostly towards paying interest and you will still owe the majority of the balance that you had from a year ago."
At the point when this happen your profile would be appear as monetarily hazardous by other money related foundation in the market.
This would make your credit score to tumble down, and would make it extremely hard for you to acquire some other type of advance later on.
When you make just the minimum installment on your credit card, you're giving yourself impermanent help. But on the other hand you're focusing on paying more in intrigue charges later. That exchange off can get you into genuine budgetary inconvenience after some time, particularly if your card charges a high interest rate.
Option B is correct.
On-time minimum payments would include the interest payment, and the majority of the credit card balance would still be outstanding.
Further Explanation:
Credit card:
Generally, Credit card is issued by financial institutes such as banks. Credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. Generally, a credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.
The outcome of making only on-time minimum payments to a credit card with a balance for an entire year:
On-time minimum payments would include the interest payment, and the majority of the credit card balance would still be outstanding.
On-time minimum payment refers to the minimum payment of the outstanding amount of the credit card balance. It includes the interest and the principle of the borrowed funds. Minimum payments consist of a minor portion of the outstanding credit card balance and majorly the interest on the outstanding borrowed funds.
When the cardholder only pays the minimum amount, the outstanding balance of the credit card would accumulate, and the bank would charge interest on the accumulated credit card balance. So, the credit card interest would increase as the cardholder would only pay the minimum amount each time, and the outstanding loan amount would accumulate, and the interest would also be accumulated.
Thus, on-time minimum payments would be mostly utilized towards the interest payment, and the majority of the credit card balance would still be outstanding. The interest would be higher because it would be calculated on the accumulated credit card balance.
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Money and Banking
Keywords: Credit card, Charges, Credit card charges, Credit card company, minimum payments, the entire year, entire year, 12 on-time minimum payments, ultimately paid off, towards paying interest, Majority of the balance, from a year ago, reward, owner interest rate, 12 consecutive, on-time payments, credit score, suffer, minimum fees, doesn't count, payment history, portion.
commitments to make or receive payments in the future are made easier by money's function as a _____.
The commitments that are made or receive in the future that are made easier by money function if the money’s functions as a store value. Being a store value is meant to save assets in which they are deemed to be precious because of their value.
What does jo do with her prize money from her first story? buy a small cottage. give marmee and father most of it. buy gifts for each of her sisters. take beth to the seashore?
Answer:
The correct answer would be: Take Beth to the seashore
Irene sues mark for defamation. during the lawsuit, irene wants to obtain mark's posts on his social media. irene will:
Employee involvement and participation (eip) management is a method of management where ________.
Rumors of a bank failing, even if not true, can become a self-fulfilling prophecy because:
The largest proportion of sales handled by industrial channel members is accounted for by
The largest proportion of sales handled by industrial channel members is accounted by the following group of people or members such as the;
- Industrial distributors
- Manufacturers
- Representatives
They are the ones accounted for when it comes to largest proportion of sales.
A(n) ________ is an early user of a firm's product who is willing to give a testimonial regarding his or her experience with the product.
The price elasticity of demand if the price of a pint falls from $8 to $6 is
Due to changes in technology, a recent trend is for product or service producers to cut out intermediaries and go directly to final buyers. this is one form of __________.
What proportion of overweight u.s. adults have maintained at least a 10% weight loss for at least a year?
National Health and Nutrition Examination Survey (NHANES) examined weight data of US adults from 1999-2006. Results showed that the proportion of overweight or obese adults that have maintained LTWLM or long-term weight loss maintenance of at least 10% for at least 1 year is 17.3 %. LTWLM of at least 10% was reported to be higher among adults whose ages ranged from 75–84 years. It was concluded also that more than one out of every six obese US adults has accomplished LTWLM of at least 10%.
Instead of writing a term paper, some people cheat and purchase one from a(n) ________.
Roy makes so much money in his private tutoring business that all of his classmates start their own tutoring businesses. what is the effect of competition on the market for tutoring?
Increased competition in the tutoring market from more businesses entering can lead to better or cheaper services for students but may also reduce profits for existing businesses, potentially driving them out of the market and leading to loss of income or jobs for tutors.
Explanation:The effect of competition on the market for tutoring services can be significant. When competition increases as more classmates start their own tutoring businesses, several outcomes are possible. For one, it may encourage each tutor to improve the quality of their service or to offer more competitive pricing. This is beneficial for consumers, as they may receive better or less expensive tutoring services.
However, for the businesses, increased competition can lead to reduced profits as they may need to lower prices to attract clients. This can also drive some businesses out of the market if they cannot remain profitable. Moreover, the workers or the tutors themselves may experience a loss of income or even lose their jobs if their business is not competitive enough to survive in the new market environment.
In essence, while consumers may gain from increased competition due to improvements in quality and decreases in prices, businesses and their employees might face challenges such as reduced profits and potential job losses. Additionally, if the competition becomes too intense, it may even result in a market oversaturation, where the supply of tutoring services surpasses the demand.
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A restaurant chain sells 220,000 burritos each day when it charges $8.00 per burrito. for each $0.50 increase in price, the restaurant chain sells 10,000 less burritos.
a. how much should the restaurant chain charge to maximize daily revenue
The concept of revenue is key to this problem. The restaurant chain should charge $10.75 per burrito to maximize their daily revenue, according to a mathematical model that factors in price increases and quantity sold.
Explanation:To solve this problem, we first need to understand the concept of revenue, which is simply price times quantity.
Initially, the price is $8.00 and the quantity is 220,000. So, the initial revenue is $8.00 × 220,000 = $1,760,000.
For each $0.50 increase in price, the quantity decreases by 10,000. This leads to a new revenue equation with every $0.50 increment.
However, this will not go on indefinitely. Revenue increases as long as the increased price outweighs the lost quantity. It will reach a peak and then start to decrease. This is where we determine the optimal price.
To find the maximum revenue, we can set up an equation for revenue as a function of the number of $0.50 increments (x). R(x) = (8 + 0.50x)(220000 - 10000x), where R(x) is revenue.
This is a quadratic function in terms of x, and its maximum value occurs at the vertex. For any quadratic function in the form ax^² + bx + c, the x-coordinate of the vertex is given by -b/2a. In this case, a = -10000 and b = 110000.
The optimal price, therefore, is $8.00 + 0.50 × (-110000/-20000) = $8.00 + $2.75 = $10.75. Thus, the restaurant chain should charge $10.75 per burrito to maximize its daily revenue.
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Though acapella and flutter devices facilitate the removal of secretion they are two different devices with similar performance characterisitics but with very few differences. one of the most significant differences between them is
a. the acapella's performance is not gravity dependent while the flutter is which may be easier to use for some patients
b. the flutter's performance is not gravity dependent while acapella is which may be easier to use for some patients
c. the acapella is battery operated while the flutter is not
d. the flutter is battery operated while the acapella is not
The acapella and flutter devices are both used to help remove secretion, with the primary difference being that the acapella is not gravity-dependent while the flutter is. This means the acapella can be used in any position, offering more flexibility.
Explanation:The answer to your question is Option A. The acapella device is not gravity-dependent while the flutter device is. This means that the acapella can be used in any position, sitting, reclining, or standing, facilitating its use by patients of various mobility capabilities. On the other hand, for the flutter to work optimally, it usually needs to be held horizontally, which may require patients to maintain a certain posture while using it. The method of operation for both the acapella and flutter devices does not involve any form of power supply, such as batteries.
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A high rate of employee turnover indicates that ________.
a. employees of the organization leave their jobs frequently
b. the employee retention ratio is also high
c. employees also participate in the decision making process
d. pay packages of employees are at par with that of the industry
Answer:
a is correct
Explanation:
employees of the organization leave their jobs frequently
Which is the best timeline entry based on the information above (1 point)?
1837 Douglass joined the East Baltimore Improvement Society, is the best timeline entry based on the information. Thus, option (b) is correct.
What is Society?
The term "society" refers to a group of people. The society encompasses various cultures, traditions, and languages. People are similar in the group that is called society. The various communities of people comprise the society. People are similar in their looks and their interactions with each other.
During the period of the 1837 re the based on the timeline of the information. This period is they basically cover the important events of the slaves are the running away are the challenging in the time are the consists of the East Baltimore Improvement Society. The time was on the differences of the white and the black people.
1837 Douglass joined the East Baltimore Improvement Society, is the best timeline entry based on the information. Therefore, option (b) is correct.
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Your question is incomplete, but most probably the full question was.
The famous social reformer Frederick Douglass was born in 1818 in Tuckahoe, Maryland. He was mostly raised by his grandmother. Douglass was born a slave and remained so until 1838, when he escaped slavery by borrowing the papers of a freed slave and moved to New York. Just a few years before, in 1836, he was hired out and worked in a shipyard in Baltimore. He joined the East Baltimore Improvement Society there in 1837. 1. Which is the best timeline entry based on the information above? (1 point)
A. Social reform begins in the 1800s.B. 1837 Douglass joined the East Baltimore Improvement Society.C. Douglass escapes slavery and moves to New York in 1839.D. 1838 Frederick Douglass dies.What are some specific liquids that have less than 80 percent water?
Cost of goods sold and net sales returns/allowances are both found in the
_____ is one of the most common reasons vehicles flip over.
Final answer:
Centrifugal force, caused by inertia is one of the most common reasons vehicles flip over.. Younger drivers' incomplete brain development can affect their control of the vehicle, while older drivers may face challenges from failing eyesight and slower reflexes.
Explanation:
Passengers get thrown to the side in a car going around a corner due to a physical phenomenon called centrifugal force. This is an apparent force that is felt by passengers as the car turns, pushing them outward, away from the center of the curve. The force arises because of the passenger's inertia, which is the tendency of an object to resist changes to its state of motion. As the car changes direction, the passenger's body tries to keep moving in a straight line, so they feel pushed against the outside of the car.
Young drivers may struggle more with controlling their vehicles during turns partly because of incomplete brain development, impacting their focus and decision-making abilities. This can lead to serious automobile accidents and has become a significant concern across the country. For older drivers, factors like failing eyesight, slower reflexes, and rapidly changing traffic conditions contribute to their difficulties in navigating turns safely, which can also result in accidents.
Why do markets need both adequate competition and adequate information?
Anthropologists conducting fieldwork may experience a particular kind of disorientation from the "strangeness" they discover. what is this often attributable to?
For years 2010 to 2015, the computers produced and shipped in highest quantity were _____. (note: all the choices represent a kind of computer).
Accumulating, bulk-breaking, sorting, and assorting are _____ activities performed by channel specialists to adjust discrepancies.
Accumulating, bulk-breaking, sorting, and assorting are distribution activities performed by channel specialists to adjust discrepancies.
Explanation:Accumulating, bulk-breaking, sorting, and assorting are distribution activities performed by channel specialists to adjust discrepancies.
In the context of business, distribution refers to the process of getting products from manufacturers to end consumers. Channel specialists, such as wholesalers and retailers, engage in various activities to ensure that products are available at the right place and time.
For example, accumulating involves gathering products from multiple manufacturers and combining them into a single shipment or inventory. Bulk-breaking refers to dividing large quantities of products into smaller units to meet the needs of different customers.
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If you argue that legalized medical marijuana is working well in a neighboring state, and therefore, would work well in your state, you are arguing by
Kelly and tim jarowski plan to refinance their mortgage to obtain a lower interest rate. they will reduce their mortgage payments by $56 a month. their closing costs for refinancing will be $1,670. how long will it take them to cover the cost of refinancing? (round your answer to the nearest whole number.) number of months months
It will take Kelly and Tim approximately 30 months to cover the $1,670 closing costs of refinancing their mortgage, based on their savings of $56 per month.
Explanation:Kelly and Tim Jarowski plan to refinance their mortgage to get a lower interest rate and reduce their mortgage payments by $56 a month. Their closing costs for refinancing are $1,670. To determine how long it will take them to cover the cost of refinancing, we divide the total closing costs by their monthly savings.
The calculation is as follows:
Total closing costs for refinancing: $1,670Monthly savings from reduced payments: $56Number of months to cover refinancing costs: $1,670 ÷ $56When we do the math, we get:
$1,670 ÷ $56 = 29.82 months.
Rounding to the nearest whole number, it will take Kelly and Tim approximately 30 months to cover the cost of refinancing their mortgage.