In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep it from losing any more of its value. Under these conditions, money is said to lack stability
Explanation:
In most situations, two main factors of a high inflation rate are present in a national economy, which in most countries at the very most. Firstly, an increase in consumer spending in comparison to supply could lead to high inflation. The prices rise when more people fought about fewer goods.
Price stability ensures that excessive inflation and deflation are prevented.
Inflation represents an increase in the overall value for money and purchasing power of products and services within an economy over a prolonged period of time. Deflation is a fall over a longer period of time in the overall price cost for goods and services.
Answer:
Equilibrium price will DECREASE and equilibrium quantity will INCREASE
Explanation:
Answer:
The correct answer is "financial information; economic entity; user groups; legal, economic political and social environment"
Explanation:
The four major elements of financial accounting are:
1. financial information: includes items such as management discussion, analysis, and reports.
2. economic entity: An economic entity is company actions that are separate from its owners and other entities, such as corporations and governmental organizations.
3. user groups: request business information of an economic entity. Investors and financial analysts are user groups.
4. legal, economic political and social environment: influences the financial reporting process.
Answer:
Salaries expense DR. $1220
Cash Cr. $1220
Cash Dr. $1860
Account receivable Cr. $1860
Cash Dr. $3810
Account receivable Cr. $3810
Purchases Dr. $3900
Cash Cr. $3900
Explanation:
Accounts payable Dr. 2600
Cash Cr. $2600
Rent expense Dr. $450
Cash Cr. $450
Account receivable Dr. $980
Services Cr. 980
I belive this would ribosome, rough ER, and smooth ER
hope this helps!
