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3 years ago

Which of the following statements is true of inflation? Group of answer choices

Business

1 answer:

mezya [45]3 years ago

8 0

Answer:

c. It refers to an increase in the average level of prices.

Explanation:

Inflation refers to a constant increase in the average prices of goods and services in the economy over time. Inflation means consumers will pay more for a similar basket of goods and services than they did in a previous period. Economists use Inflation as a measure of the rate at which the general prices are rising.

A high rate of Inflation without a corresponding rise in incomes erodes the purchasing power of households and firms. The consumer price index CPI is the common index used to measure the inflation rate. Should the inflation rate increase at a very high rate, governments, through the central bank, applies monetary policies to regulate it.

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An outside broker locates a seller for a buyer representative's client. In this instance, the outside broker is acting as

zmey [24]

Answer:

He is acting as a sub-agent. The sub-agent, just like the representative of the buyer, is an agent and owes a duty to care and act as an agent for the buyer representive.

4 0

3 years ago

You are considering buying a stock with a beta of 3.05. If the risk-free rate of return is 8.0%, and the expected return for the

elena55 [62]

Answer:

38.5%

Explanation:

Rf = 8.0%

Rm = 18.0%

Beta = 3.05

RRR ?

from the given data the capital asset pricing model will be used to calculate the RRR

RRR = Rf + β (Rm - Rf)

=8.0 + 3.05 (18.0-8)

=38.5%

6 0

3 years ago

Burton Company uses a normal costing system. The company uses direct labor-hours as the cost-allocation base. The following info

densk [106]

Answer:

the allocated direct manufacturing overhead costs of Job 56 is $25

Explanation:

Overheads in manufacturing process are allocated to jobs or products using cost drivers or surrogates.

First Step : Determine the Pre-determined Overhead rate

Pre-determined Overhead rate = Budgeted Overheads / Budgeted Activity

= $2,000 / 800

= $ 2.50 per labor hour

Step 2 : Determined the Amount of Overhead allocated to Job 56 based on labor hours utilised

Overhead for Job 56 = Pre-determined Overhead rate × Hours Used

= $ 2.50 × 10

= $25

3 0

3 years ago

__________refers to an organization's ability to strategically address current business needs and successfully develop a long-te

sdas [7]

Answer:

Sustainability

Explanation:

Sustainability can simply be defined as the meeting of present needs while also making room to meet future needs as well. On another hand, sustainability can be defined as the provision of current needs without jeopardizing provision for future needs.

Sustainability aims to look at the provision or meeting of needs or obligations at present and future times, making sure that none affects the other.

Sustainability is important in any business as it the key to any business standing the test of time and becoming reputable. Also, sustainability heps a business to attract employees and customers alike, it improves the business reputation as well as maintain the joy of shareholders among other things.

Cheers

5 0

3 years ago

Read 2 more answers

The first step in creating your personal marketing plan is to conduct a career audit.

djverab [1.8K]

Answer:Personal marketing plan 1. Outline your distinctive price proposition. In selling, a press release that addresses distinctive variations between like product is thought as a “value proposition”. Triple-crown sales individuals knowledge to elucidate w

Explanation:

6 0

3 years ago