Answer:
true
Explanation:
because supply is like supplies
Answer:
increase in the overall price level
Explanation:
Inflation refers to the general increase in prices of goods and services in the economy over time. An increase in aggregate demand, accelerated economic growth, and an increase in the cost of supplies causes inflation. The rate at which prices increase is called the inflation rate. It is measured by the Consumer price index or the GDP deflator.
Inflation results in a decline in the purchasing power of a country 's currency. The government sets a certain desired level of inflation rate to boost economic growth.
If a basket of popular consumer goods cost $100 at the beginning of the year, and the same basket cost $105 at the end of the year. The increase in price by $5 is attributed to inflation.
Answer:
Programmed.
Explanation:
This is a form of decision that is has been made or is been made by as manager just like Jaime the account managing clerk which is repetitive or occurs steadily and over and over. The fact that it happens this steadily makes it a programmed decision.
This decision making are always taken in accordance with some establishment habit, regulations or procedures while the nature of problem that requires a non programmed decision is unstructured and something different. It needs a higher management participation.
In programmed decision making, there could likely be no error in the decisions because it is a routine and managers usually have the information they need to create rules and guidelines to be followed by others.
Answer:
c. Indirect
d. Fixed
f. Product
Explanation:
Cost of the factory maintenance manager's salary is a manufacturing cost. However, this manufacturing cost is an Indirect and fixed cost. Manufacturing costs are Product costs whereas Non-Manufacturing costs are Period Costs
