Synthesizing Suppose you were told that you would
earn $95,000 in 2020. Explain why this information
would say little about the standard of living you might
enjoy. What other information would you need before
you could evaluate how well you could live in 2020?

Answers

Answer 1

Answer:

The nominal earnings is only one side of the story. The thing that matters is what the earnings would be able to buy. Hence, we need to know how the prices are going to change, and what are is the expected inflation. If the inflation is very high, the same nominal money would be able to buy less goods and if the inflation is more, the same nominal money would be able to buy more goods.

Explanation:

The answer is the explanation

Answer 2

Before evaluating how well I could live in 2020, there are several other factors that need to be evaluated.

Evaluation for living

Many things need to be evaluated. These include the rise in price of every thing from food, petrol, and other basic necessities. It is important to note that what our earnings would be able to buy. Earnings will decide how better can we live in 2020.

Standard of living

Standard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area. Standard of living is relevant because it is considered to contribute to an individual's quality of life.

Thus, many things need to be evaluated before deciding how well we are going to live in 2020.

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Related Questions

Particularly during the early years of a home purchase, home ownership can provide

Tax deductions
Greater liquidity
Significant spruces of revenue
Insurance protection

Answers

According to taxing regulations, particularly during the early years of a home purchase, homeownership can provide "tax deduction."

This is because as a homeowner, the Internal Revenue Service, which is in charge of tax collection, offers the individual a tax deduction of up to $5,000 as a single or divorced and up to $10,000 of property taxes as a married couple filing jointly.

This situation allows individuals to have a tax break and offset the high costs of buying and acquiring a home.

Hence, in this case, it is concluded that the correct answer is option A. "Tax deductions."

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The ________ close works well with indecisive buyers who tend to be nervous about making a final decision.

Answers

Answer:

I'd say the assumptive close. It works well.

In a ______, members of the channel pursue their own goals and maximize their own profits, regardless of the effect on other channel members.

Answers

In a conventional marketing channel  members of the channel pursue their own goals and maximize their own profits regardless of the effect on other channel members.

The administered marketing system is a type of distribution channel organization. In this type, they operate under direct ownership

This is a situation whereby goods that are moved from the producer to the final consumer are controlled by the authority of just a member instead of all other channel members.

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how are the specific interest rates for the lending and borrowing markets determined?

Answers

The specific interest rates for the lending and borrowing markets are determined by the forces of supply and demand.

The force of demand and supply in the context refers the level of borrowing and lending activities in the Credit Industry.

If the demand for credit is high in the industry, interest rate might be set at high rate to discourage borrowers from borrowing and vice versa.

Therefore, in conclusion, the Option B is correct because the specific interest rates for the lending and borrowing markets are determined by the forces of supply and demand.

Missing Options includes "A.) U.S. Treasure Department Board policy , B.) by the forces of supply and demand, C.) through open market operations, D.) by altering the discount rate"

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According to the Bureau of Labor Statistics, the average American work spends approximately ________ hours working each week.

Answers

According to the Bureau of Labor Statistics, the average American work spends approximately 42 to 54 hours working each week.

Bureau of labor statistics is a governmental organization responsible for keeping every data about the labor force. The data includes: total number of labor Force, number of unemployed, number of employed, average hours of work, etc.

The average American worker spends approximately 42 to 54 hours working each week.

There are 5 working days in a week

Therefore, the average per day ranges from

42/5 = 8.4 hours daily

and

54/5 = 10.8 hours daily

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With Dollar Shave Club, you can sign up online for a subscription of shaving and personal care products to be delivered to your home without a face-to-face meeting with a salesperson; it uses a(n) ________ marketing channel.

Answers

Marketing channels are the media employed by businesses in the bid to sell their products. In the case of Dollar Shave Club described above, the business uses the;

Direct Marketing Channel

The direct marketing channel is employed when goods are marketed in places that are not the fixed retail locations.

In our modern age, direct marketing is employed can be applied when customers purchase our goods online.

So instead of a fixed offline marketing position, the online outlet becomes a medium for selling on a personal level to the customer.

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You are getting ready to drive with a child under three years of age in your four-passenger car. You must

A: Secure the child in the rear seat using an approved children's car seat or child restraint device.
B: Turn off the front-passenger air bag and secure the child in the front passenger seat using an approved child restraint device.
C: Secure the child in the front passenger seat where you can see them, using an approved children's car seat.
PREV

Answers

You exist getting ready to drive with a kid under three years of age in your four-passenger car. You must  Secure the child in the rear seat utilizing an approved children's car seat or child restraint device.

What should maintain when driving with a child?

To create certain that kids understand the significance of seat belts, be a role models. Always utilize your seat belt regardless of where you exist going. Use the middle of the back seat for a kid if possible because it exists the safest spot for children in a car. Make certain you comply with all traffic laws and wear the appropriate safety gear. create everything to be intentional on a road trip with kids.

The correct answer exists in option A.

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An insurance company is a _________ business that agrees to pay for losses that may happen to someone it insures.

Answers

Insurance companies are generally classified as mutual or stock companies

The obligation to complete specific work is called _________________. a accountability b responsibility c authority d span of control

Answers

Answer:

Responsibility.

Explanation:

who was the first person given credit for proposing national parks?

Answers

John Colter is think try that one

An advertising objective is classified by its primary purpose, which is to inform, persuade, or ________.

Answers

An advertising objective is classified by its primary purpose, which is to inform, persuade, or remind.

Advertising can be defined as the acts of creating product awareness so as to attract customers and to generate more sales.

The primary purpose of  advertising objective are:

To informTo persuadeTo remind

To inform means to let customers know about the existence of a product by creating product awareness to prospective customers.

To persuade means to convince people to buy the products that was advertised.

To remind means  to remind customers that the products are readily available for them to buy.

Inconclusion an advertising objective is classified by its primary purpose, which is to inform, persuade, or remind.

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In companies that do not use a self-imposed budgeting process, profit targets are generally set by ______

Answers

Answer: Top Manager

Explanation:

Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the _______________ stage of the new product development process.

Answers

Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the idea generation stage of the new product development process.

New product development can be defined as the use of a business firm's product development efforts and ideas to achieve the following:

I. The development original products.

II. Improvement of its product.

III. Modifications of a product.

IV. The creation of new brands.

Basically, the new product development process comprises four (4) main stages and these include:

Idea generation and screening.Content development and testing.Product development.Test marketing.

Idea generation simply involves the systematic search by a business firm for new product ideas.

In this context, Lenovo's assumption most likely came to light during the idea generation stage of the new product development process.

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True or false: Once the entire cost of a resource has been recovered, the business is NOT allowed to continue deducting depletion expense for the resource.

Answers

Answer:

False

Explanation:

According to a 2019 survey of ERP​ users, ________ percent of ERP projects experienced cost overruns.

Answers

Considering the information released, the 2019 survey of ERP users indicated that forty-five percent of ERP projects experienced cost overruns.

This is based on the information released on the ERP website and made known to the public.

ERP is an acronym for Enterprise Resource Planning.

The ERP software is known to be utilized by various used firms to organize the main components of their business, including the likes accounting, production, sales, and marketing processes.

Hence, in this case, it is concluded that the correct answer is "Forty-five percent"

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a truss above, a home builder in the united states, secures products such as roofing shingles, cabinets, and plumbing materials from a variety of domestic and international suppliers. ________ is the practice of using outside suppliers to help the contractor build homes.

Answers

Outsourcing is the practice of using outside suppliers to help the contractor build homes.

Outsourcing was first used as a business strategy in 1989. Outsourcing is the practice which involves hiring of an outside company to perform services or create goods that is supposed to be performed by the in-house company's employees.

Outsourcing is usually practiced because it reduces cost.

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Beth and Bob Martin have total take-home pay of $4,600 a month. Their monthly expenses total $3,450. Calculate the minimum amount this couple needs to establish an emergency fund.

Answers

Answer:$10,350

Explanation:

3,450* 3 (month minimum) = 10,350

I need therapy.
Also two paragraph.

Scientists must use microscopes to study the cells of living things. Microscopes have become much more powerful since scientists used them to develop the cell theory. Explain why microscopes are needed to study cells. Also describe some discoveries that microscopes have helped scientists make about cells. Include how advances in microscopes have helped scientists make these discoveries.

Answers

Answer:

bc...

Explanation:

Can someone please help me right a cover letter for this?
Please don't just take the points

Answers

Answer:

5. Submit a thema chose that includes at leasnne below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

chose that includes at leasnts on your time line.) You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

An organizational unit of a factory that has the responsibility for partially manufacturing or producing a product is called a:

Answers

Answer:

Production Department

Explanation:

Please Help What are some of the aspects that peers and companies are bringing together in ventures such as Buzzcar?

I can't find the answer

Answers

Considering the impact and socioeconomic effect, some of the aspects that peers and companies are bringing together in ventures such as Buzzcar include "innovation."

This is because ventures like Buzzcar is innovative action that has yielded positive results.

Buzzcar is famous for being a peer-to-peer car-sharing community.

It was initially founded by Robin Chase, and it serves the people who are willing to rent out their cars to other people.

Some other aspects that peers and companies are bringing together in ventures such as Buzzcar include the following:

Diversity;Customization;Localization, etc.

Hence, in this case, it is concluded that peers and companies are bringing a lot together in ventures like Buzzcar.

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Answer:

Buzzcar is famous for being a peer-to-peer car-sharing community.

Explanation:

rank order the different eras of marketing by putting the earliest at the top to the most recent at the bottom.

Answers

Answer:#1- production, #2- sales, #3-marketing concept, #4- customer relationship

Explanation:

The different eras of marketing by putting the earliest at the top to the most recent at the bottom rank are the production, sales, marketing, and customer.

What is marketing?

The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing. The marketing are the important part of the economies. The marketing are the based of the consumer behavior.

The marketing are the putting the earliest at the top to the most recent are the ranking on the top to bottom. The first is the production, sales, marketing concept, and the customer relationship. There is the marketing is the promotion of the audience. There are the earliest in the top to the bottom.

As a result, the different eras of marketing by putting the earliest at the top to the most recent at the bottom rank are the production, sales, marketing, and customer.

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A data analyst reviews a spreadsheet of boat auction sales to find the last five sailboats sold in Kentucky. What steps would they take in order to narrow the scope? Select all that apply.

Answers

The steps that would they take in order to narrow the scope will be:

Sort by date in descending order.Filter out sales outside of Kentucky.

A spreadsheet simply means a computer application that's used for organizing, analyzing, and storing data in tabular form. It's a file that can be used in arranging, calculating, and sorting data.

Since the analyst reviews a spreadsheet of boat auction sales to find the last five sailboats sold in Kentucky, the steps that should be taken to narrow the scope include sorting the date in descending order and filtering out sales outside of Kentucky.

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A fast food hamburger restaurant considered adding pizza to its menu. Before offering pizza in all of its restaurants, the company made it available in a few of its more established markets to determine customer reactions. This process is called

Answers

Answer:

Test marketing

Explanation:

The process used by the fast-food hamburger restaurant is called test marketing.

What is test marketing?

Test marketing refers to a marketing process that involves the study of customers' responses toward a product or a service. It is done by making the product available at limited marketplaces before making a wider release.

In the given case, the fast-food hamburger restaurant made available the newly released product, pizza, to the established market to study the consumer reactions. This was done with a view to obtaining knowledge about the preference of the customer.

Therefore the correct option is test marketing.

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True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses

Answers

Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can

plan on spending up to 50% of that amount on car expenses.

Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.

This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.

This is because discretionary expenses are categorized under wants instead of needs.

Thus, given that planning for car expenses is a want, then the statement in the question is True.

Hence, in this case, it is concluded that the correct answer is "True."

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The average number of billion dollar weather events increased almost ________ during the last 7 years (2011-2016) as compared to the previous 40 years (1980-2010).

Answers

Answer:

twice

Explanation:

In what step of the 7-Step Product Development Process is the product brought to
life through sketching and illustration?
Sourcing
Research
Planning
Prototyping

Answers

Answer: planning

Explanation: The sketch should be as detailed as possible, with labels explaining the various features and functions.

employee turnover that is initiated by the organization is known as ______.

Answers

Involuntary turnover is where the employee has no choice in their termination—for example, employer-initiated due to nonperformance

Charlotte, a manager for Everyday Beauty Company, has just been given a report showing sales in her region are lower than anticipated for the third quarter. Her next task is to determine the reason for the disappointing results and find a way to get sales up to their desired level. Charlotte's efforts are part of the __________ function of management.

Answers

Considering the situation described above, Charlotte's efforts are part of the Planning function of management.

This is because the Planning function of management involves various processes, including planning or making the mission and vision of the firm.

It also includes determining the systems and means by which a desired goal or results of the company or business is achieved.

Thus, in this case, as Charlotte's next task is to determine the reason for the disappointing results and find a way to get sales up to their desired level, this is an example of the Planning function of management.

Hence, in this case, it is concluded that the correct answer is "Planning."

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A(n) _____ is the collective term that describes the methods and the equipment used to provide information about all aspects of a firm's operation.

Answers

The term that explains methods as well as  the equipment that is utilized for provisions of information as regards firm's operation. is management information system.

management information system  can be regarded as information system that helps to provide information that relate to the firm's operation.

It involves processes and technology to visualize the needed information.

Therefore, management information system is the right term.

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