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Harrizon [31]
3 years ago
9

Effects of containerisation,..... 10 points

Business
1 answer:
iris [78.8K]3 years ago
4 0
Containerization did away with the manual sorting of most shipments and the need for warehousing. It displaced many thousands of dock workers who formerly handled break bulk cargo. Containerization also reduced congestion in ports, significantly shortened shipping time and reduced losses from damage and theft.
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If real GDP grows by 3 percent, the velocity of circulation does not change, and the quantity of money grows by 3 percent, then
trapecia [35]

Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.

<h3>What is the long-run inflation rate?</h3>

This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP

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Find out more on the Quantity theory of money at brainly.com/question/26370040.

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A witness statement is a primary source.<br> ✅True<br> - False
ohaa [14]

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