Business, 25.02.2020 22:30, naddiachoudry9970

Suppose that a person earns $75,000 now and anticipates a 4% raise next year. The current nominal interest rate on savings is 5%. Prices are also expected to rise 2% next year.

In real terms, how much can the person consume next year in real terms if they currently spend $65,000 on goods & services?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:20, jesus3426

According to the u. s. census bureau (), the median household income in the united states was $23,618 in 1985, $34,076 in 1995, $46,326 in 2005, and $57,230 in 2015. in purchasing power terms, how did family income compare in each of those four years? you will need to know that the cpi (multiplied by 100, 1982–1984 = 100) was 107.6 in 1985, 152.4 in 1995, 195.3 in 2005, and 237.0 in 2015

Answers: 3

continue

Business, 22.06.2019 05:50, salvadorperez26

Match the steps for conducting an informational interview with the tasks in each step.

Answers: 1

continue

Business, 22.06.2019 13:10, Mikey3414

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .

Answers: 1

continue

Business, 22.06.2019 17:40, payloo

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b. the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.

Answers: 3

continue

Do you know the correct answer?

Suppose that a person earns $75,000 now and anticipates a 4% raise next year. The current nominal in...