Business, 06.03.2020 23:48 levilugar

Inflation means that Multiple Choice prices on average are rising, although some particular prices may be falling. real incomes are rising. all prices are rising at approximately the same rate. all prices are rising, but at different rates.

Answers: 2

Show answers

Answers

Answer from: hamadehassan

The correct answer is prices in the aggregate are rising, although some particular prices may be falling.

Explanation:

Inflation is a generalized increase in the prices of goods and services in an economy over a period of time.

Inflation exists when the prices of the whole goods and services of an economy increase steadily. That is, when the average price of all goods and services in a country goes up.

The price increase causes the loss of purchasing power of citizens. Or put another way, if there is inflation it means that with the same money we can buy less things than before.

Often it is said that inflation is good, but it is not that it is good in itself, but that although the prices of an economy rise, wages also tend to rise according to that price increase. Thus, in the end the purchasing power of citizens remains stable. It can be good, as long as it is stable and not very high, for the following reasons:

The rise in prices helps reduce the value of debts, both from households, as well as from companies and the Government. This is because if there is inflation in an economy and our wages rise at the same rate, but the debt remains the same as before, the real value of the debt will be lower than before prices rose. The rise in prices also causes people to prefer to consume now instead of later, because then prices will be more expensive. This is fundamental so that money circulates and there is transmission of goods in an economy. It is the gear of capitalism.

Disadvantages of inflation

Its main drawbacks are:

Loss of purchasing power: If the rise in wages is not at least equal to the rise in prices, the purchasing power will fall. We could be happy if we raise the salary by 10% in one year, but if inflation has been 20%, we can actually buy 10% less with that salary. Saving decreases: Inflation causes money to lose value, so it will motivate you to consume and spend money, instead of saving it, since if money is going to be worth less in the future, citizens and investors will prefer to spend it now.

Answer from: Quest

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

Answer from: Quest

Amuscle thats keeping you from having pain.

Another question on Business

Business, 21.06.2019 16:10

Visburg concrete company pours concrete slabs for single-family dwellings. lancing construction company, which operates outside visburg's normal sales territory, asks visburg to pour 40 slabs for lancing's new development of homes. visburg has the capacity to build 300 slabs and is presently working on 250 of them. lancing is willing to pay only $3, 300 per slab. visburg estimates the cost of a typical job to include unit-level materials, $1, 440: unit-level labor, $720: and an allocated portion of facility-level overhead, $1, 200. required calculate the contribution to profit from the special order. should visburg accept or reject the special order to pour 40 slabs for $3, 300 each?

Answers: 2

Answer

Business, 22.06.2019 01:00

Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands

Answers: 1

Answer

Business, 22.06.2019 12:20

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

Answers: 1

Answer

Business, 22.06.2019 17:30

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

Answers: 1

Answer

You know the right answer?

Inflation means that Multiple Choice prices on average are rising, although some particular prices m...

Questions