1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mnenie [13.5K]
3 years ago
9

Inflation is a sustained rise in the general level of prices of goods and services.

Business
2 answers:
Mice21 [21]3 years ago
6 0

Answer:

"Inflation: a general increase in prices and fall in the purchasing value of money. "

there's the definition.

Ivanshal [37]3 years ago
5 0

Answer:

The correct answer is True.

Explanation:

 Inflation is a way of measuring the rate of a certain product or service increases over a certain period of time, which can be a month, a year, etc.

In inflation,<u> the currency of a country is devalued</u>, that is, the currency loses value. You don't buy the same with 10 dollars today, what you bought with that money ten years ago, and this is caused by inflation.

When inflation occurs the currency of a country decreases its value and this is expressed through a percentage that impacts the cost that products and services will have.

For example, suppose that the rate of a product that today costs 5 dollars is 4% per year. Then said product next year will cost 4% more. This means that the product will cost 5.20 dollars.

Therefore, the correct answer is Inflation is a sustained rise in the general level of prices of goods and services.

You might be interested in
What are two examples of Secondary or non-core activities?
mylen [45]
One example is “engagement” consider to be “business activities”
4 0
2 years ago
A client, age 67, owns his own home free and clear. The customer has an annual income of $25,000, mainly from social security an
FromTheMoon [43]

Answer:

The best recommendation to be made to this client is to do nothing.

Explanation:

Investment in stock is a highly risky investment because price of stock often fluctuates which can make an investor to lose a lot of money.  

From the question, the client is already old at age 67 with a low income and he does not have any other liquid assets apart from the annual income of $25,000, mainly from social security and interest on funds held in a bank savings account.

Since losing so much money through investment in stock is not affordable to him, the best recommendation to be made to this client is to that he should do nothing.

3 0
3 years ago
True or false: The many legal barriers in place around the world makes it difficult to buy securities from foreign companies.
Margarita [4]

Answer:

false

Explanation:

thanks to expanded communications and the relaxation of many legal barriers, investors can buy securities from companies anywhere in the world.

6 0
1 year ago
Dealing with the fact that certain aspects of any management situation are more important than others is called
luda_lava [24]

Answer:

Recognition of priorities

Explanation:

Management involves planning, organizing, controlling, supervising, a group of people which could be an entire team, workers or some fractions of workers in an environment to achieve organizational goals. An entrepreneur which is among the factors of production is indeed someone who manages, supervise the other factors of production, keeping an environment in which people work and achieve the goals of production.

Management is a profession and as such skill set to recognizing when some aspects of management becomes important than others and when some goals need to be given more attention to achieving the overall organizational goals can describe as Recognition of priorities.

Recognition of priorities brings some other important aspects of management into focus leaving out the less important ones cancelled or put on hold so as to save time and maximize labor efficiency.

3 0
3 years ago
The cost of goods for Mandy Manufacturing Company flow through an assembly and a finishing department before being transferred t
laila [671]

Answer:

Option (D) is correct.

Explanation:

Given that,

Beginning work in process = $4,000

Ending work in process in finishing department = $6,000

Cost transferred = $47,000

Direct material = $15,000

Direct labor  = $46,000

Overhead  = $22,000

Cost incurred in finishing department:

= Beginning work in process + Cost transferred + Direct material + Direct labor + Overhead

= $4,000 + $47,000 + $15,000 + $46,000 + $22,000

= $134,000

Cost of goods transferred to the Finished Goods Inventory account:

= Cost incurred in finishing - Ending work in process

= $134,000 - $6,000

= $128,000

5 0
3 years ago
Other questions:
  • Allocation of common costs. Evan and Brett are students at Berkeley College. They share an apartment that is owned by Brett. Bre
    9·1 answer
  • If the month-end bank statement shows a balance of $72,000, outstanding checks are $54,000, a deposit of $15,000 was in transit
    10·1 answer
  • On December 31, 20X9, Pluto Company acquired 100 percent of Saturn Corporation's common stock for $300,000. Balance sheet inform
    12·1 answer
  • Three graduate business students are considering operating a fruit smoothie stand in the Harbor Springs, Michigan, resort area d
    8·1 answer
  • A firm has a stock price of $50 per share. The firm’s past 12 month earnings per share is $2.5 and the firm's future earning is
    15·1 answer
  • Walter receives cash of $18,000 and land with a fair market value of $75,000 (adjusted basis of $50,000) in a current distributi
    5·1 answer
  • If, over a given period, the index of export prices rises by 10% and the index of import prices rises by 5%, the terms of trade
    12·1 answer
  • Which of the following will usually be found on an income statement prepared using absorption costing? Contribution Margin Gross
    9·1 answer
  • Travis has a 2,400 square foot home. He is self employeed and uses one room of his home exclusively for his business. The area o
    9·1 answer
  • Match each cost with the investment type to which it relates. investment advisory fees administrative costs commissions hourly f
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!