Wayne won $100,000 on a LottoMax ticket and now he wants to buy a Mercedes. Wayne's willingness and ability to purchase the car can be described as his ________. A) money supply B) windfall profits C) obligation D) demand E) unanticipated wealth
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Wayne won $100,000 on a LottoMax ticket and now he wants to buy a Mercedes. Wayne's willingness and ability to purchase the car can be described as his ________.
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- Suppose a new customer adds $100 to his account at North Central National Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account and the account.You got a birthday gift cars valued at $40.00 which lets you choose to spend on food delivery fees. You pay $ 15.50 on app that lets you get deliveries for 98 cents each. A) find the formula that gives the value of the card as a function of how many deliveries you have had. B) how many deliveries can you get before your birthday money is usedName a of product or service which the banks render. Name the inputs that are required to produce these goods or services. Relate the concepts of microeconomic theory with respect to the supply and demand of the inputs required to produce the good/s and the good/s itself. Consider relating to elasticity/inelasticity; substitutes and complements; derived demand; marginal costing; rival / non-rival goods; price formation.
- Sydney to Phoenix. Terry Lamoreaux owns homes in Sydney, Australia, and Phoenix, United States. He travels between the two cities at least twice a year. Because of his frequent trips, he wants to buy some new high-quality luggage. He has done his research and has decided to purchase a Briggs and Riley three-piece luggage set. There are retail stores in Phoenix and Sydney. Terry was a finance major and wants to use purchasing power parity to determine if he is paying the same price regardless of where he makes his purchase. If the price of the three-piece luggage set in Phoenix is $850 and the price of the same three-piece set in Sydney is A$930, using purchasing power parity, is the price of the luggage truly equal if the spot rate is A$1.0941/$?Veronica's income is $4,000 a month. She deposits $800 in a saving account, buys $300 worth of government securities, and leaves the rest for daily transactions. Veronica's transaction money demand is Group of answer choices $2,900. $3,200. $3,700. $5,100.Martin Shrood purchased a vacant lot outside of London for £13,500, because he heard that a shopping mall was going to be built on the other side of the road. He figured that he could make a bundle by puttingin a fast-food outlet on the site. As it turned out, the rumor was false. A sanitary landfill was located on the other side of the road, and Martin’s land was worthless. (£ denotes the British monetary unit, pounds sterling.)*Required: With respect to the economic characteristics of costs, what type of cost is the £13,500 that Martin paid for the vacant lot?
- Kevin's reference dependent utility over money is y and effort is E, refer to the: instantaneous utility function: rt: reference point for wealth, which demonstrated his recent wealth Kevin does not have from money but from gains and losses of money instead. There is no discounting, and assume that Kevin's current wealth from his job is 0. Kevin is thinking about a new role at work which allows him to increase his income by $1000 per period for two periods, counting from the current period, which is t = 0. He must undergo a training which require an effort of EO = 3500 at that value of alpha, how much ultility would Kevin lose relative to his non-projection-biased preferences if she took the position 1000 250 500 750Logan has $2,000 in a checking account and wants to buy a new MacBook for $1,100. Logan decides he needs the money in his account to pay his bills next month, so he buys the MacBook by charging the $1,100 to his credit card and paying it off gradually over the next several months. Logan choosing to "save" his cash on hand for bills is:Aplia Homework: Money and the Financial System Back to Assignment Is Attempts Keep the Highest /1 1. The roles of money Alex has saved $30 per week to buy a new Blu-ray player. He compares two different models: a Panaview that is priced at $130 and a Zony model that is priced at $140. Alex decides to purchase the Zony Blu-ray player for $140. Identify what role money plays in each of the following parts of the story. Hint: Select each role only once. Medium of Unit of Store of Role of Money Exchange Account Value Alex saved $30 per week. Alex pays $140 for the Blu-ray player. Alex can easily determine that the Panaview model has a lower price than the Zony model. Grade It Now Save & Continue Continue without saving rch DELL
- Nick received a $50,000 bank loan in order to expand and remodel his restaurant. Which of the following was the banks most important consideration in giving him the loan? the total value of his current property, capital and other assets the type of food he serves and the prices he charges the reliability of the constructions company he hired to make the improvements a detailed estimate of how he plans to spend the moneyLwando owns a delicatessen, namely Foodies Paradise. Lwando has determined that he needs R5 000 cash per day for customer transactions. Lwando has a choice between going to the bank first thing on Monday morning to withdraw R25 000 - enough cash for the whole week - or going to the bank first thing every morning for R5 000 each time. Lwando puts the cost of going to the bank at R6 per trip. Assume that funds left in the bank earn precisely enough interest to keep their purchasing power unaffected by inflation. Lwando's delicatessen is open 5 days a week for 48 weeks each year. If Lwando goes to the bank every day when the inflation rate is 5%, then the daily trips to the bank would result in net and Lwando's annual shoe leather costs of inflation equal_. Select one: a. loss of R652; R1 152 O b. savings of R652; R1 152 loss of R500; R1 440 d. savings of R500; R1 440individual spends $20 per day. Suppose that this person pays for all her purchases using her credit card. She withdraws no money from her bank account until the morning of the fourth day, when she withdraws the whole amount necessary to pay for her credit card purchases over the previous four days. Calculate the amount of money this person withdraws each time she goes to the bank.