Ask Question
BusinessBusiness
15 March, 12:21

Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds. between the two, he is able to live quite comfortably. how will unanticipated inflation affect mr. divers' retirement account?

+3
Answers (1)
  1. 15 March, 12:24
    0
    Mr. Divers will be affected bey th unatnticpated inflation causng his retirement account to be worth less in the future than before inflation. Due to inflation, the prices of goods and services rise causing his money to be spent in a shorter time period on less items then it would have if it were spent without any type of inflation issues.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds. between ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A business has a 60% chance of making profits in any given month of the year. For the first 9 months of 2019, the business made consistent losses every month. What do you think is the probability it will make a profit in the 10th month?
Answers (1)
IT professionals have strict legal and ethical standards because of the credentials they hold to perform their job. the oath they took when they began their career. the pressure put on them to behave a certain way.
Answers (1)
There is an employment test, a distance test, and a time test that must be met in order to deduct qualifying moving expenses a. True b. False
Answers (1)
Although True Ion Inc. and One Electro Inc. operate in the same consumer electronic industry, True Ion Inc. has better sales and brand equity. This is attributed to True Ion Inc.'s commitment to innovation.
Answers (1)
A small number of institutional investors are often able and motivated to bring direct shareholder pressure on a firm's management in an effort to reduce potential agency conflicts. a. True b. False:
Answers (1)
New Questions in Business
Q 1.2: the question "how much of our annual budget should we spend to advertise our new product line?" would most likely be asked by a
Answers (1)
If you wanted to find and display a collection of data from a table on a regular weekly basis, what method would you be most likely to use? A. A form B. A field C. A query D. A report
Answers (1)
The equation represents Jordan's overtime pay structure. Based on this equation, what is Jordan's regular hourly pay?
Answers (2)
A concurrent condition occurs when each party's performance is conditioned on the performance of the other.
Answers (1)
Transactional leadership encompasses all but one of the following. Which one? A. Goal settingB. Social interactionC. Monitoring progress toward goal achievementD. Giving feedbackE. Administering discipline
Answers (1)
Home » Business » Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds. between the two, he is able to live quite comfortably. how will unanticipated inflation affect mr.
Sign Up Forgot Password?