Answer:
Inflation reduces the affordability of goods and services to the average consumer.
Explanation:
Inflation is the persistent and generalized increase in the value of prices. When inflation reaches zero we say that there was a stability in prices.
When a country is experiencing a period of inflation there is uncertainty about the country's economy that forces the government to find alternatives to control inflation. One of the possible alternatives is to make it impossible for inflation to hinder the accessibility of goods and services to the average consumer
For this reason, the government invests in the productive capacity of the country, making the supply levels of the products and services always high, resulting in the reduction of the prices of these products. This is because more products available to consumers means increased supply, which results in falling prices.
Answer:
The still outstanding sums are $20.25 check to the florist and the $38.09 check deposit
Explanation:
given data
total balance = $221.57
bank statement balance = $203.73
to find out
Which are still outstanding
solution
we get difference between balance that is
difference between balance = total balance - bank statement balance
difference between balance = $221.57 - $203.73 = $17.84
and as given 4 statement
check to the florist = $20.25
and check deposit = $38.09
their difference is $38.09 - $20.25 = $17.84
so we can say that outstanding sum are $20.25 check to the florist and $38.09 check deposit
Answer:
$75
Explanation:
We know,
Manufacturing overhead rate = Budgeted manufacturing overhead ÷ Budgeted direct labor hours
Given,
Budgeted manufacturing overhead = $4,500,000
Budgeted direct labor hours = 60,000
Putting the values into the manufacturing rate formula, we can get,
Manufacturing overhead rate = $4,500,000 ÷ 60,000 hours
Manufacturing overhead rate = $75 per labor hour.
When the standard amount of factory cost is allocated to the production of every unit, it is called the overhead manufacturing rate.
On the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
<h3>What is AS curve?</h3>
It should be noted that the AS curve simply means the aggregate supply curve and it's the quantity of real GDP that's supplier by the economy.
In this case, on the far right side of the AS curve, the economy is producing above potential, and on the far left of the curve, it is producing below potential.
Learn more about curve on:
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Answer:
follow different laws
Explanation:
In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.
Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.
