Norma receives an increase in her nominal income. she complains that the current inflation rate of six percent erodes the real purchasing power of her additional nominal income. this is true

A property is being appraised using the income capitalization approach. Annually, it has potential gross income of $40,000, vacancy and credit losses of $3,500, and operating expenses of $16,000.

When a company offers additional compensation based on the contingency of certain goals being met by individual employees, this is referred to as?

Mike used to work as a commercial painter for $40,000 per year but quit in order to start his own painting business.

Which of the following statements describing tourism is incorrect? A) Services and tourism go hand in hand B) tourism rebound quickly from environment impact C) tourism is not sensitive to economic ups and downs D) tourism fits into 16 types of

Which best explains why an author would include this passage as part of the conclusion of a story?

GDP per person tells us the income and expenditure of theA. richest person in the economy. B. poorest person in the economy. C. entire economy. D. average person in the economy.

The market for plywood is characterized by the following demand and supply equations: QD = 800 - 10P and QS = 50P - 1,000, where P is the price per sheet of plywood and Q measures the quantity of plywood.

Lashondra is the owner/operator of an interior design firm. Last year she earned $400,000 in total revenue. Her explicit costs were $200,000 (assume that this amount represents the total opportunity cost of these resources).

When the license of the sole proprietor is suspended for two years, what is the effect on the affiliated associate brokers?

The Treasury Department auctioned $21 billion in 3-month bills in denominations of $10,000 at a discount rate of 4.965%. What would be the effective rate of interest? Round your answer to the nearest hundredth percent.