Answer:
C i think i dont really know tbh
Answer:
A. Stay the same
Explanation:
We need to compare the rate of price change and the rate of inflation.
Rate of price change = <u> $12 - $10</u> x 100
$10
=2/10 x 100
=0.2 x 100
=20%
inflation rate= <u>CPI year 2- CPI year</u> 1 x 100 %
CPI year 1
=180 -150 x 100
150
=30/150 x 100
=0.2 x 100
=20%
The price change are the inflation rate are the same.The real wages will stay the same
A budget surplus of $7
<h3>What is a budget surplus's opposite?</h3>
A budget deficit is the polar opposite of a budget surplus. If a company (or government) has a budget deficit, it signifies that over the given timeframe, it spent more money than it brought in. A business's budget deficit could necessitate a budget reform for the upcoming fiscal year, even though a budget deficit for the government is not always negative for spending.
<h3>What does the term "surplus" mean?</h3>
A surplus is a sign that the government is being run efficiently. When government income is higher than government expenditures for a specific time period, typically a fiscal year, there is a surplus, which is a positive number.
<h3>How is inflation caused by a budget surplus?</h3>
Nevertheless, inflationary pressures can also exist when the economy is struggling. In essence, a rise in the money supply is what causes inflation. In light of the foregoing, a budget surplus will drain funds from the economy, hence lowering the money supply and fostering a deflationary environment.
Learn more about budget surplus:
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George is utilizing competitive intelligence. This is a
strategy in which the individual made use of gathering, defining and as well as
analyzing their customers, competitors or products by means of helping improve
his or her own business and to make strategic decisions that would be best for
one’s business or company.
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