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Gala2k [10]
1 year ago
7

Inflation: group of answer choices is a continuous decrease in the price level. can obscure relative price changes. always makes

society richer on average.
Business
1 answer:
eimsori [14]1 year ago
8 0

The Correct Response is Option B.

Inflation: can obscure relative price changes.

  • 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 overall price level rises, hence inflation is associated with a decline in the buying power of money.
<h3><u>What occurs when inflation occurs?</u></h3>
  • The main cost of inflation is the loss of real income, which occurs when prices rise unevenly and causes some customers' buying power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.

To learn more about Inflation, Click the links,

brainly.com/question/28136474

brainly.com/question/28190771

#SPJ4

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A company's current assets are $26,420, its quick assets are $15,090 and its current liabilities are $12,520. Its acid-test rati
Debora [2.8K]

Answer: 1.21

Explanation:

Acid test ratio is also referred to as the quick ratio and it is calculated as:

Acid-Test Ratio = Quick Assets / Current Liabilities

where,

Quick assets = $15090

Current liabilities = $12520

Acid test ratio = $15090 / $12520

= 1.2052

= 1.21

8 0
3 years ago
Company X's current assets increased by $40 million from 2007 to 2008, while the company's current liabilities increased by $25
Virty [35]

Answer:

b. An increase of $15 million

Explanation:

The computation of the cash impact of the change in working capital is shown below:

As we know that

Working capital = Current assets - current liabilities

So, the change in working capital is

= Increase in current assets  - increased in current liabilities

= $40 million - $25 million

= $15 million

Hence, the b option is correct

7 0
3 years ago
After posting the journal entries to the ledger, what is the balance of the Cash account?
MArishka [77]
There needs to be more information.
7 0
3 years ago
________ refers to setting price based on buyers' perception of value rather than on the seller's cost.
melomori [17]

Answer:

Value based pricing

Explanation:

Value based pricing  is a pricing strategy that includes setting a price based on how much the customer believes the product  you’re selling is worth.

4 0
3 years ago
When economists are sketching examples of demand and supply, it is common to sketch a demand or supply curve that is close to ve
Hitman42 [59]

Answer:

a. inelastic

Explanation:

<em>As you can see in the image I added, the curve that is close to a vertical is the inelastic one.</em> Inelastic means that the demand remains the same even if the prices go up or down.

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
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