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valkas [14]
3 years ago
13

A. If you get a wage increase of 4%, but inflation is 5%, your real income (purchasing power) goes down. B. Cost push inflation

is caused by a rightward shifting aggregate supply curve C. Demand pull inflation occurs as a result of a decrease in total spending D. Technological progress is likely to cause inflation.
Business
1 answer:
Free_Kalibri [48]3 years ago
3 0

Answer:

A. If you get a wage increase of 4%, but inflation is 5%, your real income (purchasing power) goes down.

TRUE As the wage increase is lower than inflation rate in real term the purchase power of my wages decreases by 1%

Explanation:

B. Cost push inflation is caused by a rightward shifting aggregate supply curve

FALSE it is a fall in the aggregate supply because of the increase in cost.

C. Demand pull inflation occurs as a result of a decrease in total spending

FALSE demand pull inflation would be when the total spending increase

D. Technological progress is likely to cause inflation.

FALSE we didn't expirement inflation during the industrial revolution or in the 90' with the rise of personnal computer

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The supply curve for a good will be more elastic if: spending on the good accounts for a large share of a consumer's income. the
Andrei [34K]

The supply curve for a good will be more elastic if "production inputs are readily available at a relatively low cost".

<u>Option: C</u>

<u>Explanation:</u>

The graphical interpretation is applied to understand the concept of supply curve for any good available in market. This is done by correlating the cost of a good or service and the supplied amount during a given period. In such representation the cost is mentioned vertically on the left axis, while the amount supplied is mentioned horizontally.

The coverage of responsiveness with respect to variations in cost of demand or supply products is understood as elasticity.  Here when the small variations in cost leads to the large variations in consumed amount of product, thus curve become more elastic. While if a curve is found less elastic, which showcase that their is large variations in the price to impact a change in consumed amount.

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4 years ago
"The Bank of Israel lowered its benchmark lending rate by half a percentage point, the fourth cut in seven weeks, as the global
cupoosta [38]

Hi there.

None of the answers here fit in so i would answer you to the best of my knowledge.

Answer:

Increase; increasing

Explanation:

In reducing the lending rate of banks by the Bank of Israel, bank reserves will increase as the bank's reserves as lesser amounts will be lent out. Also, consumption will increase as a result of this lowered lending rate which in itself is a goal of lending rate reduction.

By reducing the lending rate also, the thought of inflation has been taken care of as well. This helps to keep the economy financially stable as much as possible during the global financial turmoil

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When creating a credit account for a customer you need to request?
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3 years ago
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Given the following list of processes, the standard deviation for each, and specifications for a job that may be processed on th
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Answer:

Please see attachment

Explanation:

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4 years ago
PA6.
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Answer:

(The data is missing so we cannot prepare the complete cash budget but lets see how it is prepared. The data given in the question has only been added in cash budget)

Cash Budget is prepared in same way as statement of cashflow. The detail cash budget format is given below.

                                             Poster Company

                                                 Cash budget

                                           1st and 2nd quarter

Cash from operations

Sales                                                                  xxxx

Purchase                                                           (xxxx)

Other expenses paid                                        (xxxx)

Net cash from operation                                   xxxx

Cash from Investment activities

Sale of Assets   (10,000+4,500)                    $ 14,500

Any investment made                                      (xxxxxx)

Net Cash from investing activities                  xxxxxx

Cash from Finance Activities

Financial Charges paid                                  ( xxxxxxx)

Dividednd paid                                              $ 4,500

Net Cash from Financing activities                xxxxxxxx

Net cash increase/ decrease                          xx/ (xx)

Opening balance                                             $60,359    

Cash balance at end                                          xxxxx

(xxx represents missing values)                                        

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