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yKpoI14uk [10]
3 years ago
15

If the number of dollars needed to buy a representative basket of goods falls, the price level

Business
1 answer:
AlexFokin [52]3 years ago
4 0

Answer:

The correct answer is letter "C": decreases, so the value of money rises.

Explanation:

A basket of goods is mainly used to evaluate changes in urban consumer habits. Food, housing, healthcare, education, and recreation expenses are included in a basket of goods. It is usually studied with the Consumer Price Index (<em>CPI</em>) and is also a tool useful to find out the levels of inflation within a specific market.

In the case less number of dollars are needed to purchase a "regular" basket of goods, it implies the average price level has decreased, thus, the money value has increased.

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klio [65]

Answer:

The answer is letter B

Explanation:

It would fit into the Consideration.

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3 years ago
What are the two types of merchant wholesalers?
nignag [31]
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3 years ago
In your own words, interpret what 33% of all goods and property are owned by 1% of the
Radda [10]

Answer:

Explanation:

It means that there must be a huge number of people that have little or nothing.

The most recent estimate of America's population is 331,000,000 roughly

1% of the population is 331,000,000 * 1/100 = 3,310,000

So that means that 3 million people own 33% of 14 trillion in property alone. These numbers are really hard to imagine.

1 trillion has 12 zeros behind it

so 14 trillion has 12 zeros behind it.

3 million people own 1,400.000,000 = 14 000 000 000 000 dollars worth of property.

That means that each person in that group of 3 million is 1 of 14 , 000, 000 in wealth just in property alone. The goods will dilute this somewhat, but I think you get the idea.

3 million people in the United States are multimillionaires, if they own 100% of the property. Of course that isn't true, but I think it's fair to say that they are not poor either.

6 0
2 years ago
In the united states, about _____ of employees work a traditional work schedule
alisha [4.7K]
<span>In the United States, it is only about 50% of employees who work a traditional work schedule of 9:00 to 5:00, Monday through Friday. The rest of the American workforce work other shifts, including nights, weekends and part-time hours.</span>
3 0
3 years ago
In the context of performance management, which term refers to a measure that obtains consistency of results over time?
kherson [118]

Test retest reliability

The  performance management,term refers to a measure that obtains consistency of results over time.

It also carries the idea of performance appraisal through which more work can be achieved by rewarding the personnel who achieve their targets on time and show their results.

It helps optimize the performance to obtain consistency over the time with providing feedback and improvement in the performance. Psychometrics tests and evaluation test are used for improvement of employee performance. Several policies and procedures are also implemented for their welfare.

To learn more about performance management here,

brainly.com/question/16927603

#SPJ4

5 0
1 year ago
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