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Elanso [62]
3 years ago
15

During periods when the inflation rate fluctuates widely,

Business
1 answer:
KengaRu [80]3 years ago
7 0

Answer: During periods when the inflation rate fluctuates widely, "c. uncertainty about changes in relative prices causes a decrease in economic efficiency".

Explanation: Economic process caused by the imbalance between production and demand; it causes a continuous rise in the prices of most of the products and services, and a loss of the value of the money to be able to acquire them or make use of them. The uncertainty in prices caused by inflation also negatively affects consumers, since they must waste time researching the price of the products they consume. So this uncertainty and less information, which produces inflation, negatively affects both investors and consumers, and with this negatively affects the growth possibilities of the economy.

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Suppose there is a competitive market with a downward sloping demand curve and horizontal supply curve. In a competitive market there are large number of buyers and sellers. So, if there is a downward shift in the supply curve, as a result equilibrium price will fall, equilibrium quantity will increase, consumer surplus now become larger and producer surplus remains the same because of the horizontal supply curve.

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Answer: Transactions and Payment History.

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A matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

<h3>What is a matrix?</h3>
  • Teams in a matrix organization report to several leaders inside the business.
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<h3>What is an organizational structure?</h3>
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