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Gala2k [10]
2 years 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]2 years 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

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Other things the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar Group of an
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Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

<h3>What is the exchange rate?</h3>
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  • Currencies are most typically national currencies, although they can also be sub-national, as in Hong Kong, or supra-national, as in the euro.
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  • Other things remain constant, if the exchange rate increases from 20 pesos to 30 pesos, the dollar appreciates and buys more Mexican items.

Therefore, other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar (A) appreciates and buys more Mexican goods.

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The correct question is given below:

Other things are the same, if the exchange rate changes from 20 pesos per dollar to 30 pesos per dollar, then the dollar ________.

The group of answer choices

(A) appreciates and buys more Mexican goods.

(B) appreciates and buys fewer Mexican goods.

(C) depreciates and buys more Mexican goods.

(D) depreciates and buys fewer Mexican goods.

7 0
2 years ago
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