All categories

3 years ago

What is the economic term used for sustained increase in the price of goods and services

Business

1 answer:

Shkiper50 [21]3 years ago

3 0

Answer:

Inflation

Explanation:

Inflation refers to a situation of a general increase in the prices of goods and services in the economy. As prices of goods and services rise, the cost of living goes up. Inflation results in the purchasing power of currency to diminish.

Economist uses the consumer prices index to determine the rate of inflation. Inflation means a basket of goods and services will cost more today than it did in the prior period. Rapid economic growth that results in too much money in circulation causes inflation.

You might be interested in

A large increase in the supply of hd-tv sets occurs simultaneously with a smaller decrease in its demand. as a result the equili

zhenek [66]

The answer to this question is :<span>decrease, increase
When Demand decreases, it indicates that consumer now is less willing to buy that certain products.
This unwillingness will started to drives the price down. During this period, Sellers will start to create more effort to sell the remaining products so they could obtain the highest price possible</span>

7 0

3 years ago

Teresa purchased a necklace for $100 in 1964. In 2014, Teresa gave the necklace to her granddaughter, Lindsey.

padilas [110]

Answer:

d)$1,100 long-term capital gain

Explanation:

Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.

8 0

3 years ago

which term describes the redesigning of an organization so that it can more effectively and efficiently serve its customers?

oksian1 [2.3K]

Redesigning the organization so that it is more efficient and effective is called restructuring

Organizational design is a formal endeavor, a directed process for integrating people, information and technology in an organization.

Restructuring is an organizational activity to reform the company's operational strategy for goals or objectives in an effective and efficient manner. The restructuring step not only supports the improvement of financial conditions, but also operational progress which produces good results.

Corporate restructuring is very important because a company needs to evaluate its performance and make a series of improvements, so that it continues to grow and be competitive. There are 4 (four) forms of restructuring, namely: merger, consolidation, takeover and settlement..

Learn more about organizational design at:

brainly.com/question/22664730?referrer=searchResults

#SPJ4

6 0

1 year ago

Question 23 of 40

aivan3 [116]

Answer: i think it’s C

4 0

3 years ago

John Cotton is an employee at Radiance Senior Living. He received the following benefits from his employer during 2021 on the co

sertanlavr [38]

The amount of these benefits that is taxable for 2021 is $1,680.

<h3>Benefits that is taxable for 2021</h3>

The Benefits that is taxable for 2021 is Personal protective equipment of the amount of $140 per months.

Hence:

Taxable benefit=$140×12 months

Taxable benefit=$1,680

Therefore the amount of these benefits that is taxable for 2021 is $1,680.

Learn more about Benefits that is taxable for 2021 here:brainly.com/question/26652580

#SPJ1

3 0

1 year ago