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Semmy [17]
1 year ago
15

The general increase in prices over time we pay for good and services is known as inflation. question 5 options: true false

Business
1 answer:
Gala2k [10]1 year ago
8 0

It is true that the general increase in prices over time we pay for goods and services is known as inflation.

<h3>What is inflation?</h3>

Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).

The main categories of inflation are as follows:

Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.

Cost-push inflation:  When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.

Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.

Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.

To know more about inflation, visit:

brainly.com/question/28190771

#SPJ4

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In a product layout, the bottleneck operation defines the capacity of the service.
Nimfa-mama [501]
The answer is A) True
3 0
3 years ago
assume you decide to start a business and you quit your job that was paying you $60,000 a year. you pay $36,000 to the landlord
marta [7]

The implicit cost is  $61,000.

<h3>What is the implicit cost?</h3>

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

When you decide to start the business, you forgo the amount you earned from your job and the interest you were earning.

$60,000 + 1,000  = $61,000

Please find attached the complete question. To learn more about implicit cost please check: brainly.com/question/25776323

#SPJ1

5 0
1 year ago
Provisions in the law that automatically increase government spending or decrease taxes when real output declines are called:
vekshin1

Answer: automatic stabilizers

Explanation:

Automatic stabilizers are the provisions in the law that automatically increase government spending or decrease taxes when real output declines.

It should be noted that automatic stabilizers can be used to reduce recession impact on people by helping them to survive even when there is a job loss.

7 0
2 years ago
Which of the following statements is​ false? ​(Select the best answer​ below.) A. Most stockholders would prefer a cash dividend
Romashka-Z-Leto [24]

Answer:

A. Most stockholders would prefer a cash dividend due to the lower tax rate on dividend income than on capital gain from repurchase.

Explanation:

When you buy stocks or shares in a company you become a shareholder. When that company earns a profit, it may start to pay back some of the money that had been invested in it. These payments are called dividends and they are usually paid in cash.

A cash dividend is funds or money paid to stockholders generally as part of the corporation's current earnings or accumulated profits. The board of directors must declare the issuing of all dividends and decide if the dividend payment should remain the same or change.

The benefit of a share dividend is choice. The shareholder can either keep the shares and hope that the company will be able to use the money not paid out in a cash dividend to earn a better rate of return, or the shareholder could also sell some of the new shares immediately to create his or her own cash dividend.

5 0
2 years ago
The following is a list of terms related to performance evaluation. 1. Balanced scorecard 5. Customer perspective 2. Variance 6.
strojnjashka [21]

Answer:

a. 2, b 8, c. 1, d. 3, e. 4, f. 5, g. 7, h. 6,

Explanation:

(a) <u>The difference between total actual costs and total standard costs is variance</u>. It can happen because of both external and internal factors. Labor variance, materials variance and overhead variances are example of variances.

(b) <u>Normal standards is described as the efficient level of performance which is attainable under expected operating conditions.</u>

(c)<u> Balance scorecard is defined as the approach that incorporates financial and non financial measures in an integrated system that links performance measurement and a company’s strategic goals.</u>

(d) <u>Learning and growth perspective is defined as the viewpoint employed in the balanced scorecard to evaluate how well a company develops and retains its employees.</u>

(e) <u>Non financial measures is described as an evaluation tool that is not based on dollars.</u>

(f) <u>Customer perspective can be defined as the viewpoint employed in the balanced scorecard to evaluate the company from the perspective of those people who buy its products or services.</u>

(g)<u> An optimum level of performance under perfect operating conditions is termed as ideal standards.</u>

(h)  <u>A viewpoint employed in the balanced scorecard to evaluate the efficiency and effectiveness of the company’s value chain is called Internal process perspective.</u>

3 0
3 years ago
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