This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Scenario 12.1 At the assumed annual inflation rate of 5 percent, approximately how much ... (Read 59 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jun 30, 2018
Refer to Scenario 12.1 At the assumed annual inflation rate of 5 percent, approximately how much will the 6.00 pack of cigarettes cost in 30 years, when Jennifer reaches the retirement age of 60?
 
  A) 16 B) 21 C) 33 D) 47

Question 2

A barter system of payment is
 
  A) different from a money system of payment because money does not require a double coincidence of wants.
  B) similar to a money system of payment because both require a double coincidence of wants.
  C) different from a money system of payment because the barter system is a better unit of account.
  D) similar to a money system of payment because both use one asset as a unit of account.
  E) similar to a money system of payment because both are used as stores of value and units of account.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


geoffrey

  • Member
  • Posts: 880
Reply 2 on: Jun 30, 2018
:D TYSM

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Observable Universe Before and After Inflation Observable Universe Before and After Inflation
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Example of an approximately 37,500 probespotted oligo microarray. Example of an approximately 37,500 probespotted oligo microarray.
Population growth rate % Population growth rate %
Percent of oxygen in the atmosphere versus altitude. Percent of oxygen in the atmosphere versus altitude.
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: Acid-base imbalances - compensation of metabolic acidosis and alkalosis

For a complete list of videos, visit our video library