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3 years ago

When is "deflation" most likely to occur in the business cycle?

1 answer:

8 0

In economics, deflation can be described as a decrease in the general price level of goods and services or currency appreciation with respect to the same goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). Inflation reduces the real value of money over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods and services than before with the same amount of money.

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Which one of the following is true?

Sedaia [141]

Answer:

Option A is correct

Explanation:

Customer are defined by the purchase because purchase is the attribute that makes a person or people a customer to a particular product for sale, it can also be refered to as business to customer relationship.

7 0

2 years ago

The Oxford Provident Building Association was the first ________ to form in America.

11Alexandr11 [23.1K]

Answer:

Savings and loan association

Explanation:

8 0

3 years ago

A 50 year old customer receives an inheritance of $1,000,000 which he places with an investment adviser to invest with the objec

AfilCa [17]

Answer: 10%

Explanation:

Given that :

Worth of investment = $1,000,000

Worth after 1 year = $1,300,000

Worth after 2 years = $1,200,000

From the above, investment recorded $300,000 increase after one year and $100,000 Depreciation at the end of the second year.

Therefore, Net increase:

$300,000 - $100,000 = $200,000 (after 2 years)

Therefore, average yearly/annual increase = $200,000 / 2 = $100,000

Therefore, the annual return on the investment is :

(Annual increase / investment worth) × 100%

(100,000 : 1,000,000) × 100%

0.1 × 100% = 10%

= 10%

8 0

2 years ago

The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is

Vlada [557]

For the answer to the question above, the $25,000 due in 90 days.
I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56

Solve for r: 616.44 = 24383.56*r*(90/365)

r = 0.10252837 or the nearest answer is letter C. 10.26%
It is not exact because maybe he rounded off the 24383.56

5 0

2 years ago

n 2013, the price of gas was $3.60 per gallon, and in 2016, the price of gas was $2.05 per gallon. Since one would be spending l

devlian [24]

Answer:

Oil price

Explanation:

THe oil price effect states that when the oil price rises, most of the products that need oil to be produced or transported also will rise, and when oil price decreases most of the same products should also lower their prices, in this case gas is the one of the most related products to oil, since it is the main product of oil, and a decrease in the cost of oil will result in a direct decrease in the price of gas.

7 0

2 years ago