When a consumer's decision to buy a product is based on something other than the product's price, the demand for that product changes.
A shift in consumer preference to buy a specific good or service, regardless of a change in price, is referred to as a change in demand. Changes in consumer preferences, income levels, or the price being charged for a comparable product could all be the cause of the change.
Even when prices don't change, there is a change in demand when consumer preferences alter. Consumers may theoretically buy more of everything while the economy is booming and salaries are rising. While the amount sold rises, prices will stay the same, at least temporarily.
In contrast, during a recession, demand could be anticipated to decline at every price. When economic growth slows, people often lose their jobs, see a drop in their salaries, and become anxious. As a result, they limit their spending on discretionary items and only purchase necessities.
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preferred stock that has contractual rights in which the company is obligated to repurchase the stock at a specified future date is called
Preferred stock that has contractual rights is mandatorily redeemable preferred stock.
Mandatorily redeemable shares are preferred stock with contractual rights that require the corporation to repurchase the stock at a predetermined future period. These are the shares that an individual or organization owns that must be redeemed for cash or another type of property at a set time or after a particular occurrence. Shares that must be redeemed immediately are frequently given by employers to employees as a bonus.
In this situation, the firm typically imposes a redemption requirement on the workers, requiring them to exchange their shares for cash or bonds in accordance with predetermined timetables or events. In essence, the preferred stock represents the shares with a call option built in that the issuer will exercise at a specific future date.
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bob bought some land costing $16,040. today, that same land is valued at $46,117. how long has bob owned this land if the price of land has been increasing at 4 percent per year?
Given that Bob paid $16040 for the land, and that the price is rising at a pace of 4% each year, the land is now worth $46117.if the price is rising at a pace of 4% annually, Bob must own his land for 26 years.
We need to figure out when Bob had to be the land's owner for the land to be worth $46117 today.
Calculating the principal and the additional interest is known as compounding.
Land prices will rise at a 4% annual rate.
Bob paid $16040 when he purchased the land.
Today's land cost is $46117.
Similar to how interest compounds, the amount is determined as follows:
[tex]S=P*(1+r)n[/tex]
In the above equation P is the amount at beginning, r is rate of increasing and n is the number of years.
[tex]46817=16390(1+0.04)n46817/16390=(1.04)n(1.04)n=2.8564(1.04)n=(1.04)26[/tex]
From both the sides we will get n=26.93
Therefore, if the price is rising at a pace of 4% annually, Bob must own his land for 26 years.
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a company pays its employees $1,600 each friday, which amounts to $320 per day for the five-day workweek that begins on monday. if the monthly accounting period ends on thursday and the employees worked through thursday, the amount of salaries earned but unpaid at the end of the accounting period is:
$3400 is the amount of salaries earned but unpaid at the end of the accounting period.
What is a salary?Salary is a type of regular payment made by an employer to an employee and may be outlined in an employment contract. Instead of being paid on a regular basis, piece wages pay each work, hour, or other unit separately. Salary can also be regarded from the perspective of managing a corporation as the expense of obtaining and keeping staff to carry out operations; this is known as a personnel expense or salary expense. Salary information is kept on payroll accounts in accounting. An employee's salary is a set sum of money or other remuneration received from their employer in exchange for the work they have completed. Ordinarily, salaries are paid at regular intervals; for instance, one-twelfth of the yearly wage is paid monthly.
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the profitability index is the ratio of the present value of the future free cash flows to the initial investment. group of answer choices true false
The correct answer is True. the profitability index is the ratio of the initial investment to the present value of the future free cash flows.
The ratio of the present value of cash inflows to the present value of cash outflows is known as the profitability index (PI).
The present value of all the project's future cash flows is divided by the initial investment to arrive at the straightforward formula for calculating the profitability index. Profitability Index = (Net Present Value + Initial Investment) / Initial Investment is another way to express it.
The present value of cash inflows compared to the project cost is the profitability index.
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tools such as a risk assessment form and a risk severity matrix are used to
Based on risk analysis, the tools such as a risk assessment form and a risk severity matrix are used to assess risk
What is Risk AssessmentRisk Assessment is a term that is used to describe the collective action of specifying and evaluating potential incidents that may negatively affect individuals, assets, and/or the environment; and making decisions "on the tolerability of the risk established on a risk analysis" while evaluating impacting factors.
Risk assessment tools, such as risk assessment forms and risk severity matrices are used by individuals or business firms can help identify the risks associated with a project and how to address them.
There are various types of risk assessment tools, and techniques that can be used to assess risks.
Types of Risk Assessment Toolsrisk matrix, decision tree, failure modes and effects analysis (FMEA), bowtie model. Types of Risk assessment techniqueswhat-if analysis, failure tree analysis, and hazard operability analysis.Hence, in this case, it is concluded that the correct answer is "Assess risk."
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an outside firm that specializes in creating, producing, and/or placing the client's communications message and may also provide other services to facilitate the marketing and promotions process is group of answer choices an advertising agency a public relation agency a direct-response agency a sales promotion agency
An advertising agency is a third-party business that focuses on developing, producing, and/or deploying the client's communications message and may also offer other services to streamline the marketing and promotion process.
An organization known as an advertising agency produces promotional materials, negotiates for publishing space, and occasionally conducts market research on behalf of its clients.
Businesses may decide that they would prefer to hire an outside company to handle their advertising. An outside company is referred to as an advertising agency. WPP and Omnicom Group are two instances of global advertising firms.
A traditional ad agency or a digital agency offers advertising, media, marketing communications, public relations (PR), event planning, and other services to help companies and organizations increase recognition, sell goods and services, and build compelling brands.
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one important difference between b2b and b2c e-commerce systems that primarily affects the second stage of the multistage model for e-commerce is that
B2C e-commerce systems' main impact on the second stage of the multistage e-commerce model is that they often do not require support for price and delivery negotiation.
E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
Product sourcing, storage and warehousing, and fulfillment and shipping make up the three key components. Depending on the kind of eCommerce business you want to run, there are several approaches you can take to each of them.
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assuming a term bond is issued at a premium, the cash interest payment calculated every period should:
Assuming a term bond is issued at a premium, the cash interest payment calculated every period should stay the same.
The top rate or the bargain on bonds payable that has now no longer but been amortized to hobby cost could be reported without delay after the par value of the bonds withinside the liabilities phase of the stability sheet.
When bonds are issued at a top rate, the entire hobby fee of the bonds over the lifestyles of the bonds is same to the quantity of... hobby paid over the lifestyles of the bond minus the quantity of top rate at sale point.
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if a 10% increase in income results in a 50% decline in the quantity of potatoes purchased, other things being equal, then potatoes are
Potatoes are categorized as inferior goods.
It is an economic term that describes a good whose demand drops when people's incomes rise. These goods fall out of favor as incomes and the economy improve as consumers begin buying more costly substitutes instead.
Why potatoes are inferior goods?
If a 10% increase in income results in 50% decline in the quantity of potatoes purchased. This implies potatoes can be categorized as inferior goods. The main reason is when people's income rise, people tend to choose the normal goods rather than inferior goods.
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Which option is an investment with compound interest?
O a rental property
O a savings account
O a checking account
O a mutual fund following the S&P 500
A savings account would be an investment that yields a compound interest
Assuming that you made an initial deposit of $1,000 into a savings account with a 5% interest at the beginning of the year and you keep it for a full year:
With a non-compound interest you will end up with:
5/100 × $1,000 = $50 in interest by the end of the year
$1,000 initial deposit + $50 interest = $1,050 by the end of the year
With an assumption of a monthly compound interest you will end up with
Month 1: 1/12 × 5/100 × $1,000 = $4.16
Month 2: 1/12 × 5/100 × $1,004.16 = $4.18
Month 3: 1/12 × 5/100 × $1,008,34 = $4.20
Month 4: 1/12 × 5/100 × $1,012,54 = $4.22
Month 5: 1/12 × 5/100 × $1,016.76 = $4.24
Month 6: 1/12 × 5/100 × $1,021.00 = $4.25
Month 7: 1/12 × 5/100 × $1,025.25 = $4.27
Month 8: 1/12 × 5/100 × $1,029.52 = $4.29
Month 9: 1/12 × 5/100 × $1,033.81 = $4.31
Month 10: 1/12 × 5/100 × $1,038.12 = $4.33
Month 11: 1/12 × 5/100 × $1,042.45 = $4.34
Month 12: 1/12 × 5/100 × $1,046.79 = $4.36
A total of $51.15 of compound interest by the end of the year
$1,000 initial deposit + $51.15 interest = $1,051.15 by the end of the year
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what encompasses all organizational information and its primary purpose is to support the performing of managerial analysis tasks?
Encompasses all organizational information and its primary purpose is to support the performing of managerial analysis tasks is Analytical information.
Analytical information is the systematic analysis of data or statistics by computation. It is used to find, evaluate, and communicate significant patterns in data. Applying data patterns to make wise decisions is another aspect of it. Instead of logging the data from actual operational business operations, business decisions are made using analytical data. Customer grouping for market segmentation or changes in purchase volume over time are a couple of examples. Information or writing that is subjective is based on individual viewpoints, interpretations, feelings, and assessments. For situations like news reporting or making corporate or political decisions, it is frequently thought to be unsuitable. Fact-based, quantifiable, and observable data provide objective information or analysis. Businesses that incorporate it into their business models can aid in cost reduction by identifying more efficient ways to conduct business and retaining a lot of data.
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Short run deviations around the long term trend is known as the __________ cycle.
Short run deviations around the long term trend is known as the Business cycle.
What is meant by "business cycle"?Coordinated cyclical upswings and downswings in output, employment, income, and sales—the four main indices of economic activity—make up business cycles. The business cycle alternates between booms and contractions (also called recessions).
Considering the business cycleBy monitoring the cycle, experts can forecast the path of the economy. The National Bureau of Economic Research releases official statements about the economic cycle based on a number of particular factors, such as the growth of the gross domestic product (GDP) , household income, and employment rates.
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What type of account is discount on bonds payable and what is its normal balance?.
When a company issues bonds at a price less than the par value, the difference is debited to an account called "discount on bonds payable." The account is a contra-liability account with a normal debit balance.
Discount on bonds payable is a contra account to bonds payable that decreases the fee of the bonds and is subtracted from the bonds payable inside the lengthy‐term legal responsibility segment of the stability sheet.
The unamortized discount on bonds payable can have debit stability and that decreases the sporting amount (or book value) of the bonds payable. The top class or discount is to be amortized to hobby price over the existence of the bonds.
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if a company expects to realize more of a deferred tax asset than they had estimated in the previous period, they should record a
A company should record an asset if it anticipates realizing more of a deferred tax asset than it had estimated in the prior period.
Let's say a business overpaid its taxes or paid them in advance for a specific financial term. The extra tax you paid in that situation is referred to as a deferred tax asset. As an asset on the balance sheet, these taxes are eventually repaid to the company or subtracted from subsequent taxes.
When there are discrepancies between tax laws and accounting principles or when there is a carryover of tax losses, a deferred tax asset may develop.
To reflect this, a deferred tax liability will be credited (increased) in the Statement of Financial Position, and a tax expense will be debited (increased) in the Statement of Profit or Loss.
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How did increased economic prosperity facilitate the participation of women in the reform movements of the nineteenth century?.
The rise of the urban middle class allowed women to devote more time to societal issues increased economic prosperity facilitate the participation of women in the reform movements of the nineteenth century.
An economy is a region of the production, distribution, and trade, yet as consumption of goods and services. In general, it's outlined as a social domain that emphasizes the practices, discourses, and associated degreed material expressions related to the production, use, and management of scarce resources.
A provided economy may be a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, and content, and set the conditions and parameters within which an economy functions. In alternative words, the economic domain is a social domain of reticular human practices and transactions that doesn't stand alone.
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assume that securitization combined with borrowing and irrational exuberance in hyperville have driven up the value of asset-backed financial securities at a geometric rate, specifically from $2 to $4 to $8 to $16 to $32 to $64 over a six-year time period. over the same period, the value of the assets underlying the securities rose at an arithmetic rate from $2 to $3 to $4 to $5 to $6 to $7. if these patterns hold for decreases as well as for increases, by how much would the value of the financial securities decline if the value of the underlying asset suddenly and unexpectedly fell by $3?
The value of the financial securities will decrease by $42.67 if the value of the underlying asset decreases unexpectedly and suddenly by $3.
The real financial asset or security that a financial derivative is based on is referred to as the underlying asset in the investment world. Stocks, bonds, commodities, interest rates, market indices, and currencies are examples of underlying assets.
As is evident, the common ratio for the geometric series of financial securities is 2, while the common difference for the arithmetic series of underlying assets is 1.
If the value of the underlying asset unexpectedly dropped by $3, the securities ratio would drop by 3 as well.
Value of securities = 64/3
= 21.33
Therefore decline in value of securities = 64 - 21.33
= 42.67 $
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very infrequent purchases and limited distribution are characteristics of products that a prospective buyer may not initially want, which makes awareness essential. this type of consumer product is a(n)
Very infrequent purchases and limited distribution are characteristics of products that a prospective buyer may not initially want, which makes awareness essential. this type of consumer product is an unsought product.
Unsought product are goods that consumers are unaware of, or generally do not think about purchasing, and whose purchases result from risk or fear of risk and lack of desire.
Funeral services, encyclopedias, fire extinguishers, and reference books are classic examples of well-known but unclaimed goods. Unclaimed products are products that consumers are unaware of or not actively interested in purchasing. A high level of marketing, including aggressive advertising and aggressive selling methods, is often necessary because consumers either do not know about a product or are unwilling to actually buy it.Learn more about the unsought products here: https://brainly.com/question/14227090
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what is the maximum loan you can obtain based solely on the loan-to-value constraint? show your work.
Maximum Loan Available = 80% of Value of Property = 6.8Lacs * 80% = 5.44 Lacs.
If a bank approves a loan for 4.8 lacs in this case, it means that bank is adhering to the rule "Loan Amount = (Lower of (Valuation or Actual Price))" * Value Loan
Since the actual price in this case was 6 lacs, the bank chose the lower of the two, or 6.8 lacs vs. 6 lacs, meaning that it received 6 lacs* 80% = 4.8 lacs.
Property is anything over which a person or a company has legal ownership. Property can refer to either intangible items with the potential for future value, such as stock and bond certificates, or tangible items like homes, automobiles, or appliances.
Individual loans
Home loans and business loans.
Loan of Gold
Rent deposit loan.
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on january 1, applied technologies corporation (atc) issued $500,000 in bonds that mature in 10 years. the bonds have a stated interest rate of 10 percent. when the bonds were issued, the market interest rate was 10 percent. the bonds pay interest once per year on december 31. required: 1. determine the price at which the bonds were issued and the amount that atc received at issuance. 2.
The bonds are issued at the face value that is $500,000.
What is face value?The value of a coin, bond, stamp, or piece of paper money as printed by the issuing authority on the coin, stamp, or bill itself is its face value, also known as nominal value. Coins, stamps, and bills typically have a legal worth equal to their face value. However, there is no requirement that their market worth and face value are related. For instance, rare coins and stamps may be traded for amounts that are far higher than their face value. Due of the different metals that coins contain, they may also have salvage value. Bonds' principal or redemption value is typically represented by their face value. As a proportion of face value, interest payments are calculated.
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For managers, the importance of maslow’s contribution is that he showed that workers.
The significance of Maslow's contribution to managers is that he demonstrated that employees had needs beyond simply collecting a paycheck.
What is Maslow's contribution?Maslow's theory of motivation can help managers better understand how to inspire employees. Being able to properly motivate people is one of management's most critical and difficult responsibilities. Maslow's Hierarchy of Needs is utilized in the workplace to evaluate employee behavior from a variety of angles, including motivation and engagement. Prior to being motivated towards higher level requirements, employees must be satisfied with their immediate wants.
Employees that are unhappy are generally dejected or unable to relate to the team's goals, are not completely driven, and perform below part. Long-term unhappiness may have negative effects on productivity and staff retention. Since the demands of the employees serve as their incentives, HR professionals frequently utilize them as benchmarks when developing efforts for optimal employee retention and job satisfaction.
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an advantage of the blank was that it was thought to have a direct correlation with a balance-of-trade equilibrium by all countries.
A country is said to be in balance-of-trade equilibrium when the income its residents earn from exports is greater than the money its residents pay to other countries for imports.
Currency exchange rates can be impacted by the balance of trade, which shows whether a currency is in more or lesser demand. A nation with strong international demand for its products would typically export more than it imports, driving up the demand for its currency. A nation whose imports exceed its exports will have lower currency demand.
The currency exchange rate is one of the most significant drivers of a country's relative degree of economic health, along with variables like interest rates and inflation. A currency with a higher value makes imports cheaper and exports more expensive in foreign markets.
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assume an investor has purchased a bond with the following characteristics: seven years to maturity $1,000 face value 6% annual coupon (paid semiannually) 8.43% current yield $711.74 current market price which of the following is the bond's yield to maturity? a) 9.83% b) 6.13% c) 12.25% d) 4.92%
The bond's yield to maturity is 12.25%.
The YTM of a bond can be stated as the internal rate of return (IRR) connect with buying that bond and keep it until its maturity date. The YTM can be also said it is the return on investment connected with buying the bond and reinvesting its coupon payments at a constant interest rate.
To determine the YTM you can use this equation
YTM = (C + {(FV - PV)/t})/{(FV + PV)/2}
Coupon = coupon rate x face value
Coupon = 6% x $1000
Coupon = $60
YTM = (C + {(FV - PV)/t})/{(FV + PV)/2}
YTM = ($60 + {($1000 - $711.74)/7})/{($1000 + $711.74)/2}
YTM = $60 + $41.18 / 855.87
YTM = 0.118
YTM = 12.25%%
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which of the following is not a difficulty in identifying and managing needs: group of answer choices determining the optimum product price. confusing wants and needs. addressing needs of wrong customers. defining needs prematurely.
The following is not a difficulty in identifying and managing needs determining the optimum product price.
Needs identity is the technique of coming across a consumer's requirements, constraints, ache factors and motivations. It is a primary private promoting method this is used to recognize how your merchandise may be of fee to the consumer.
Identifying your commercial enterprise desires is composed of noting every commercial enterprise problem, goal, or scenario, and the associated development of moves required to remedy it. For example, in case your commercial enterprise want is to technique consumer orders, you may notice the subsequent moves: Receive order.
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if a monopoly is producing at the profit-maximizing level of output, then we can assume that at that level of output, demand is:
an increase in total factor productivity shifts the ppf group of answer choices upward and also changes its slope. downward and also changes its slope. downward, but does not change its slope. upward, but does not change its slope.
An increase in total factor productivity shifts the PPF is downward, but does not change its slope.
What is total factor productivity example?Total factor productivity is directly affected by an economy's fundamental economic structure. For example, a market's total factor productivity would significantly shift if it switched from such an industrial- to a service-based economy.
What is total factor production?Land, labour, capital, and entrepreneurship make up the four basic components of production. Save picture. The resources that people employ to create products and services are known the factors of production in finance; they serve as the foundation of a economy.
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the future value of $200 received today and deposited for three years in an account which pays semiannual interest of eight percent is . group of answer choices
$200 received today and held in a $253 account for three years will earn 8% interest paid semi-annually on the future value.
Future value = Present value[tex](1+i)^{n}[/tex]
Future value = $200
Number of years = 3
which pays interest semiannually so, number of years n = 3*2 = 6
the semiannual interest of 8% means i= 4%
$200 = PV (1+4%)⁶
$200 = PV * 0.7903
PV = $200 / 0.7903
PV = $253.
Answer = $253.
In the fields of finance and economics, interest is the payment of a sum over and above the principal amount (the amount borrowed) to a lender or depositor at a set rate by a borrower or deposit-taking financial institution. It differs from a fee the borrower might pay the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve but not at a set rate predetermined in advance, but rather on a pro rata basis as a portion of the rewards received by risk-takers who take on risks in order to generate revenue.
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if there is an increase in the number of women in thr labor market who have children and stay home with them instead of working, what will happen to the quantity of labor in the labor market
The social motives and accomplishments of firms are positively influenced by female entrepreneurship and the participation of women on management teams. Work-family balance, environmental awareness, and team engagement are frequently promoted by women's management styles.
The lack of family time, pressure from work-related stress, and conflicts of interest are disadvantages for working women. Due to the time commitment and demands of their employment, working women rarely have time to care for their families.
According to the "What Women Want - And Why You Want Women - In the Workplace" study by the Center for Creative Leadership, having more women in the workforce leads to greater job satisfaction, greater organizational dedication, more fulfilling work, and reduced burnout.
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if the federal reserve wants to discourage banks from borrowing directly from the fed and thus decrease the monetary base, the fed would likely:
If the federal reserve wants to discourage banks from borrowing directly from the fed and thus decrease the monetary base, the fed will likely increase the discount rate.
Banks are able to extend more loans to consumers and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must hold in reserves. The economy grows as a result, increasing the money supply in the country.
In the absence of other measures, raising the reserve requirement ratios reduces the amount of deposits that can be supported by a certain level of reserves, lowers the money supply, and raises the cost of credit.
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in addition to the static nature of the pestel, porter's five forces, and strategic group mapping frameworks, what is their other shortcoming?
Along with Porter's Five Forces, Porter's Static Plot, and Strategic Group Mapping Frameworks It doesn't make it any easier to comprehend why different companies within the same strategic group perform differently.
The five forces framework seeks to analyze industry profitability, whereas the generic strategies framework seeks to explain various strategies for competing in an industry. This is the main distinction between the two frameworks.
Another major flaw is the propensity to utilize the five forces to evaluate a specific firm rather than the entire industry, which is what the framework was designed for. The way the framework is set up forces every company to belong to just one industry group, even though some companies operate in more than one.
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Inflation is a general and ongoing _____________ in the _______________ in an entire economy.
Select from the following choices that properly fill in the blanks.
rise; output
fall; output
rise; level of prices
fall; level of prices
rise; level of prices
Inflation is a general and ongoing rise in the level of prices in an entire economy. Inflation does not refer to a change in relative prices. A relative price change occurs when you see that the price of tuition has risen, but the price of laptops has fallen. Inflation, on the other hand, means that there is pressure for prices to rise in most markets in the economy.
Inflation is a general and ongoing rise in the level of prices in an entire Economy.
What do you mean by Inflation?
Inflation can be defined as a general increase in the prices of goods and services in an economy. It demand-pull, cost-push, and. inflation expectationsIt translates to more spending.It triggers more production to meet that demand. It also makes it easier on debtors.Usually four types of Inflation are hyperinflation, galloping, walking, and creeping.Hence, in the above case Option B is correct.
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