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:
medium of exchange. since it is being offered in exchange for the car
Answer:
C. Production Possibility frontier
Explanation:
The production possibility frontier (PPF) is a graph that shows what levels of output of two goods can be produced using available resources and technology.
Just individuals can not have everything they want and must make choices between different goods, society as a whole also can't have everything it might want either. This PPF depicts constraints faced between the resources
A) 100% False
Entrepreneurs are known to be at huge risk from many angles. Being an entrepreneur can open you to many more risks, such as banruptcy, mental stress, and more.
B) Net Profit
Business Profit and Store Profit do not exist in business! Gross Profit has to do with the wages and salaries within your business, not your income!
Is a method by which a business organization can be dissolved
To put it simply , continuity factor is an assumption that the business will always be able to operate overtime. But the Fact is, sometimes the business will failed and go bankrupt. That's why the partners have to discuss how the business organization should be dissolved if that happen.