1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semenov [28]
1 year ago
14

True or false: In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined an

d recently, has been relatively mild.
Business
1 answer:
Liono4ka [1.6K]1 year ago
8 0

This is True that In the United States, inflation reached double-digit rates in the 1970s and early 1980s but has since declined and recently, has been relatively mild.

<h3>What is inflation?</h3>

A general increase in the cost of goods and services is referred to as inflation. Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.

When prices for goods and services increase rapidly, there is rapid inflation, which reduces the purchasing power of savings. Oil prices, currency speculators, rapacious businesspeople, and avaricious union leaders were held responsible for The Great Inflation.

Numerous businesses were destroyed and countless people were harmed by the Great Inflation and the recession that followed.

Cause for the decline in inflation:

  • Reduced government spending,
  • Stock market declines,
  • Consumer desire to save more money,
  • Tighter monetary regulations

When the economy's output expands more quickly than the amount of available credit and money, falling prices can also occur spontaneously

To know more about Inflation refer to: brainly.com/question/15692461

#SPJ4.

You might be interested in
Dowd, Elgar, Frost, and Grant formed a general partnership. Their written partnership agreement provided that the profits would
goblinko [34]

Answer:

The answer is: Edgar will receive $37,000

Explanation:

  • Dowd's share of the company's losses is $80,000
  • Edgar's share of the company's losses is $60,000
  • Frost's share of the company's losses is $40,000
  • Grant's share of the company's losses is $20,000

But since Grant is not willing to give more money to the partnership to cover his losses, the $9,000 difference must be divided by the remaining three partners. So they will divide Grant's losses as follows:

  • Dowd's share of the Grant's losses is $3,600
  • Edgar's share of the Grant's losses is $2,700
  • Frost's share of the Grant's losses is $1,800

Then you add up all the losses the three remaining partners had:

  • Dowd' total losses $83,600
  • Edgar's total losses $62,700
  • Frost's total losses $21,800

So when the partnership was dissolved, Edgar should have received $100,000 (capital) - $62,700 (total losses) = $37,200

I selected answer A since they probably rounded down Edgar's share to $37,000 (nearest possible choice).

6 0
3 years ago
In a Real Estate Limited Partnership, the general partner refinances an existing $5,000,000 mortgage on a $10,000,000 property t
Nana76 [90]

Answer: Do your own homework

Explanation:

It’s easy

7 0
3 years ago
a company budgets production of 15,000 solar panels in july. each unit requires 4 hours of direct labor at a rate of $20 per hou
Mekhanik [1.2K]

The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is  <u>$ 1,200,000.</u>

= 15,000 * 4 * $20

= $ 1,200,000

Answer: $ 1,200,000

Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.

An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.

Learn more about production  here:

brainly.com/question/16755022

#SPJ4

5 0
1 year ago
The quantity theory of money holds that:______.
N76 [4]

Answer and Explanation:

The quantity theory of money talks about money supply and price level, and their relationship with one another.

In any given economy, the quantity Theory of money states that money supply and price level are directly proportional. This is to say that when there is a change such as an increase in money supply, there would also be a proportional increase in price Ievel. Also when there is an increase in price level, there would also be a proportional increase in money supply.

4 0
3 years ago
If a borrower provides collateral and fails to repay the loan,
MakcuM [25]
The correct option is  B.
In case of non repayment of loan, the lender can sell the collateral and used the proceeds to cover his losses.  A collateral is always in form of properties which are substantial in value, it is often requested that borrowers provide collateral in order to reassure lenders that they will pay up.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Asiana, a fragrance manufacturer located in France, markets its products to the North American and Asian countries through indep
    8·2 answers
  • 2. Whom would you choose as a referent on this job? What steps would your manager take to make you feel that you were being equi
    11·1 answer
  • A local grocery store has decided to charge customers for bags. Which TWO statements describe how customers will MOST LIKELY res
    9·2 answers
  • Which of the following is not one of the four tasks for completion of a business message?
    10·1 answer
  • Which of the following promises does NOT have to be evidenced by a writing in order to be enforceable? a. Jones's agreement with
    12·1 answer
  • Suppose​ Mary, the owner of the Chic Dress​ Shop, says to​ Peter, a​ painter, "If you promise to paint my store by July​ 1, I wi
    12·1 answer
  • A client invests in an equity indexed annuity that has a guaranteed rate of 3% annual return, a 10% cap and 80% participation. i
    6·1 answer
  • Why do overhead costs often shift from high-volume products to low-volume products when a company switches from a conventional c
    9·1 answer
  • If you spend $400 on a new phone and it
    13·1 answer
  • The average compound return earned per year over a multi-year period is known as the:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!