Answer:
This is called deflation.
Explanation:
Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.
The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '
The decline in price is not good for everyone and adversely affects producers. It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.
Answer:
The residuary clause
Explanation: As Mary would like to leave the balance of her estate to her brother tom this will fall under the residuary clause.
Answer:
Income inequality ratio
Explanation:
The income inequality ratio is an incomplete picture because a single number cannot fully reflect the sources of the underlying differences in income.
Income inequality refers to the uneven distribution of income among the population of a particular place. It is the difference in the allocation of income in a particular country.
Income inequality occurs across different segments of the population such as gender(male and female), ethnic group, occupation, geographical location etc.
The Gini index is widely used to compare disparities in income.
The neoclassical monetarist O Keynesian attitude tends to view inflation nations as a fee that gives no offset integrated built-disintegrated integrated phrases of decreased unemployment.
Inflation is the fee of built-in boom integrated prices over a given time period. Inflation is normally a broad measure, together with the overall built integrated prices or the growth of built-inbuilt integrated fee of built-ing built-in a rustic.
There are three inflation reasons for built inflation: call for-pull built-inflation, cost-push integrated nation, and built-inflation.In built-inflationary built-ings, inconsistently building charges necessarily reduce the purchase built integrated electricity of some customers, and this erosion of real built-income is the built integrated largest fee of built-inflation. Inflation can also distort building strength over the years for recipients and payers of fixed built-in hobby charges.
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Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
