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Ede4ka [16]
2 years ago
10

Inflation is undesirable because it: Multiple Choice always makes the nation poorer. redistributes income from those who can rai

se prices to those who cannot. distorts the information value of prices. makes everyone worse off.
Business
1 answer:
Firlakuza [10]2 years ago
8 0

Inflation is undesirable because it redistributes income from those who can raise prices to those who cannot.

<h3>What is inflation?</h3>
  • In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
  • 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.
  • A general increase in prices over time diminishes customers' purchasing power because a constant quantity of money will eventually allow for less consumption.
  • Whether inflation is running at 2% or 4%, consumers still lose purchasing power; the higher inflation rate only doubles that loss.
  • Those interest rates that are fixed for the duration of the loan, won't fluctuate in line with inflation.

To learn more about Inflation refer to:

brainly.com/question/15692461

#SPJ4

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Selecting the best alternative system involves:
MissTica

Answer:

The correct answer is letter "E": both A and B.

Explanation:

At the moment of creating a strategic plan, companies must also outline contingency strategies in case the master plan does not work. These contingency plans work as alternative systems that, just like the master plan, englobe all the activities and steps the firm will follow to keep the business up and running.  

Therefore, the alternative systems also include the resources available the firm counts on to conduct its operations which will also let the company be aware of the limits it has in the for its day-to-day and long-term activities.

7 0
3 years ago
Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25 years old. Neal invests $5,000 at 7 percent when he is 30
dolphi86 [110]

Answer:

Sue will have more money than Neal as long as they retire at the same time

Explanation:

Both Neal and Sue invest the same amount ($5,000) at same interest rate (7%). In the compound interest rate formula only the time is differ. When they retire at age 60, Sue has 5 years more than Neal meaning Sue earn more interest than Neal.

3 0
3 years ago
A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.
kobusy [5.1K]
0.46 or 46% hope this helps
5 0
3 years ago
In a fractional-reserve banking system with no excess reserves and no currency holdings, if the central bank buys $100 million w
NARA [144]

Answer:

c. reserves increase by $100 million and the money supply increases by more than $100 million

Explanation:

Based on the information given in a situation where a FRACTIONAL-RESERVE BANKING SYSTEM has no availability of EXCESS RESERVES and no CURRENCY HOLDINGS, which means that if the central bank buys BONDS that worth $100 million, the RESERVES will tend to INCREASE by the amount of $100 million while the MONEY SUPPLY on the other hand will INCREASES by more than $100 million.

4 0
3 years ago
On January 1, a company issued and sold a $399,000, 9%, 10-year bond payable, and received proceeds of $394,000. Interest is pay
Lera25 [3.4K]

Answer:

Cash Interest payable on Bond = $399,000*4.5% = $17,955

Discount to be amortized = ($399,000-$394,000)/20 = $250

Interest expense = $17,955+$250 = $18,205

Date   Journal Entry                                  Debit      Credit            

           Interest Expense                          $18,205

                 Discount on bonds payable                    $250

                 Cash                                                          $17,955

8 0
3 years ago
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