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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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Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an eco-friendly tile manufact
Olegator [25]

Answer:

a. Resources

Explanation:

Due to the close down of Tiles and Floors, the resource which are eco friendly tiles needed by the construction company isn't available. Therefore, galaxy is currently facing a resource constraint.

I hope my answer helps you

3 0
3 years ago
What are the four components of the global business environment?
Mama L [17]

Geography, cultural and social factors, economic conditions, and political and legal factors are the four parts of the international business environment

5 0
3 years ago
Read 2 more answers
Mackalya is an office secretary at the "All American Office Products Company." This Company sells office supplies and office equ
Bogdan [553]

Answer:

1. Yes; Journal entry

2. Debit- Printing & Stationery Expense $160 (value for 8 boxes)

Credit- Cost of goods sold or Trading account A/c $160

3. Leaves to the cost of goods sold account

Explanation to:

1. Mackalaya used inventory. Remember, inventory is a term used to refer to all the merchandise (goods or products) a company has at the moment in stock.

2. The Journal entry to be made would be

Debit- Printing & Stationery Expense $160 and Credit this value to Cost of goods sold or Trading account A/c section of the Journal entry.

3. Remember, the cost of goods sold cares for all inventory sales, therefore it would be credited with value of the inventory item sold by the company.

6 0
3 years ago
Samuel owns a bond with a par value of $5,000 and a coupon rate of 5 percent. he will receive _____ in annual interest until the
tester [92]
Given:
Par value of the bond : 5,000
coupon rate of the bond: 5%

par value x coupon rate = annual interest

5,000 x 5% = 250 annual interest

Samuel will receive an annual interest of $250 until the bond reaches maturity, or he sells the bond to someone else.

Regardless of the changes in bond prices in the market, Samuel will always receive a fixed annual interest of 250 from his bond.


4 0
3 years ago
Sales made on account normally lead to cash receipts. true or false.
laila [671]
In accounting, cash receipts refer to the record of the sales made in a form of cash, therefore, credit sales are not included in this record. When we say sales made on account, this refers to credit sales. Therefore, the answer to the given statement above is FALSE. 
8 0
3 years ago
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