The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
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Answer:
358.33 times
Explanation:
The computation of the simple forecast combination is shown below:
= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)
= (341 + 535 + 199) ÷ (3)
= (1,075) ÷ (3)
= 358.33 times
We simply divided the total sales forecasted done by each one by the total number of observations
Answer:
Your total monthly payment would be 1,500 dollars.
Explanation:
Answer:
I'm pretty sure its 2346
Explanation:
might be wrong considering Edge loves to move answers around. <em>yes they do that....</em>
Answer:
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Explanation:
<em>hope this helps</em>