BUSINESS HIGH SCHOOL

Gwyn owns a furniture store. She notices prices at other furniture stores have increased dramatically over the past two years. She decides she needs to expand her output because demand must be growing. However, in order to do so, she needs to find a loan. What problems could inflation cause for Gwyn?)A. Gwyn may need to spend money to update her price displays throughout the store.B. Gwyn might misinterpret rising prices associated with inflation for a higher demand.Lenders may be wary of providing C. Gwyn a loan because it is difficult to predict future price levels.D. Gwyn will need to pay more capital gains taxes.

Answers

Answer 1
Answer:

Answer:

B.) Gwyn might misinterpret rising prices associated with inflation for a higher demand.

Explanation:

Inflation rate is defined as an increase in the general level of prices in an economy. Therefore if the inflation rate is increasing, you will need a larger amount of currency (e.g. dollars) to buy a certain amount of goods. As the inflation rate increases, the purchasing power of the currency decreases.

For example, if a gallon of gas costs $3, and the inflation rate is 10%, you will need $3.30 to buy the same gallon of gas. The amount of goods purchased does not increase (the demand didn't increase), only the amount of money needed to purchase the goods increases.

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Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance revenue, it isa. assuming that the demand for university education is elastic
b. assuming that the demand for university education is inelastic.
c. assuming that the supply of university education is elastic.
d. ignoring the law of demand.

Answers

Answer:

Correct option is (b)

Explanation:

Price elasticity of demand is the law that states that proportion of percentage change in demand due to percentage change in price only and not any other factors. Demand is perfectly elastic if quantity demanded changes tremendously with change in price. Demand is inelastic if there is no change in quantity demanded with increase in price.

Here, Get smart university plans to increase tuition fees assuming that there will be no change in demand for the seats offered by the university due to increase in price. So, it assumes that demand is inelastic.

High productivity will typically get you positive attention and feedback when you are on a job. A) True B) False

Answers

I will go with A because you have positive attention so it should be A.
true i think but now all the way sure but try it

Which best describes how a recession develops as demand and production decreases?

Answers

As the demand decreases, production also decreases. Due to this, products, goods, and services will have higher prices. Less people are required in the work force, resulting to lay-offs and rise of the unemployment rate. Consequently, the rate of investment also drops. All of this downgrading best describes how a recession develops. 

Answer:

C

Explanation:

Economics is best defined as the study of A. how the government runs the financial system. B. how people allocate limited resources to satisfy unlimited wants. C. financial markets and making money. D. how to budget personal income.

Answers

Answer: How people allocate limited resources to satisfy unlimited wants.

Explanation:

Economics explains that man's needs are insatiable (this means it can't be completely met), and therefore an individual/entity has to make a scale of preference, to determine the most pressing needs to be met and forgo the others. Economics teaches Individuals on how to allocate resources to where they are most needed.

On December 31st, end of current year, ABC Company needs to record 4 months of accrued interest on a loan for $10,000 at 5%. The note payable is not due for another 3 months. What is the amount of Interest Payable accrued on December 31st of the current year (round to the nearest dollar)

Answers

Answer:

=$167

Explanation:

Four months accrued interest means 4 months interest that is due

The principal amount is $10,000

interest rate is 5%

time is 4 months

Interest will be 5/100 x $10,000 x 4/12

=0.05 x $10,000 x 0.33333

=$500 x 0.3333

=166.666

=$167

How much is 11/2 cups of flour

Answers

11/2 cups means 5 and a half cups.Now i convert it in ounces because normally measurement of cups is done in ounces.There are 8oz in one cup and 5 and a half cup there are total 44oz.
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