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
noname [10]
4 years ago
13

What is the difference between inflation and deflation?

Business
2 answers:
Lorico [155]4 years ago
6 0
I don't know maybe c
aliina [53]4 years ago
3 0

Answer:

a. inflation is a rise in the general price level over time while deflation is a fall in the general price level over time.

Explanation:

Inflation occurs when the prices of goods and services rises over time. For example, a bag of cookies today is, for example, $1. If in a year it is $1.20, there was an inflation.

Deflation occurs when the prices of goods and services decreases over time. For example, a bag of cookies today is, for example, $1. If in a year it is $0.80, there was a deflation.

So, the correct answer is:

a. inflation is a rise in the general price level over time while deflation is a fall in the general price level over time.

You might be interested in
On January 1, 2019, Providence, Inc., Issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal
loris [4]

Answer:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

Explanation:

Preparation of the Journal entry for Providence, Inc

Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:

01-Jan-19

Dr Cash $1,000,000

Cr Bonds Payable $1,000,000

(To record bonds at par value)

3 0
4 years ago
Justin Co. recently purchased materials from a new supplier at a very attractive price. The materials were found to be of poor q
nataly862011 [7]

Answer:

C

Explanation:

more labor expense bringing in extras workers. Drives down the profits.

5 0
4 years ago
The price of an item has been reduced by 30% . The original price was $80 . What is the price of the item now?
prisoha [69]
30 times 80 equal 2400.then 2400 divide by 100 equal 24.now there's your answer.
4 0
4 years ago
Read 2 more answers
Vroom Vacuums sells the Tornado vacuum cleaner. Each Tornado has a one-year warranty that covers any product defects. When custo
Alik [6]

Answer:

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

Explanation:

The contract for purchase of a vacuum cleaner has two performance obligations;

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

it may be noted that the extended warranty is a separate performance obligation as it can be purchased at the same time of original purchase or later and separate consideration is payable for that and there is no direct co-relation of the extended warranty obligation with the initial purchase.

5 0
3 years ago
What are some of the advantages of diversity in the workplacr?
Tamiku [17]

Answer:

https://youtu.be/losYWIULakA?list=PLdcBE1Yjw84fmEVLCgBYGpG8GZZJV4AuH just a song thought u might like!

Explanation:

Here are some real and immediate benefits to diversity in the workplace:

A Variety of Perspectives. Put a variety of world views into one room, and you'll come out the other side with better ideas. ...

Increased Creativity. ...

Increased Productivity. ...

Reduced Fear, Improved Performance. ...

Boost Your Brand's Reputation. ...

Global Impact.

4 0
3 years ago
Read 2 more answers
Other questions:
  • An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an o
    14·1 answer
  • Assume these events happened to Bakko, Inc. in Year 4. Bakko uses December 31 for the annual reporting period. At the beginning
    15·1 answer
  • Swifty Industries had sales in 2016 of $7,520,000 and gross profit of $1,261,000. Management is considering two alternative budg
    6·1 answer
  • Wally has a hobby. He likes making furniture. He finds that he gets many compliments on the furniture he makes. Why would it be
    7·2 answers
  • Which of the following organizations would be most affected by the bullwhip effect?
    6·1 answer
  • One reason to create a budget is to know what you can and can't afford.<br> true or false
    7·2 answers
  • Gray Corp. employees work 2 hours on each of the 200 units that they produce and are paid $8 per hour. The standards for Gray Co
    12·1 answer
  • What can give working people information about their fields, including conferences and leadership opportunities in those fields?
    7·2 answers
  • Make a list of locally manufacture good in your locality . How can you get benefit from them?<br>​
    5·2 answers
  • T-shirts Unlimited is conducting a breakeven analysis on unbleached cotton tops. Fixed costs are $100,000 and the per-unit contr
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!