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Irina18 [472]
4 years ago
11

Describe at least two negative outcomes of having too much money and credit in the economy

Business
1 answer:
Eva8 [605]4 years ago
8 0
1. a.) It would cause a devaluation of currency, and b.) leads to inflation of market prices, usually without equal inflation in wages. 

<span>2. a.) It would cause a scarcity of currency, leading to rapid deflation and b.) overproduction of goods means major markets would plummet in value, outbalancing demand, leading to major losses for the producers. </span>

<span>As you can see, both scenarios can lead to recession or depression. Small fluctuations are normal or even sought after, but too far in either direction leads to bad things.</span>
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Ursula has excelled as an auditor for a large financial consulting firm she loves building mutually beneficial
ValentinkaMS [17]

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5 0
1 year ago
Suppose the Chinese yuan is pegged so that the exchange rate is 0.17 dollars per yuan. If an iPod costs $200 in the United State
Bad White [126]

Answer:

1176.47 Yuan

Explanation:

As we know that:

1 Yuan = $0.17 per Yuan

So this also means that:

One Dollar = 1  /   $0.17 Yuan = 5.8824 Yuan per Dollar

One Dollar = 5.8824 Yuan per Dollar

So for $200, Yuans would be:

200 Dollars = 5.8824 Yuan per Dollar   *  200

= 1176.47 Yuan

4 0
3 years ago
Calculate simple interest for amounts for one year. Amounts by Rate 7.0% and 9.0% Amounts of Loan Rate = 7.0% Rate = 9.0% $40,00
True [87]

Answer: The formula for simple interest is I=PxRxT. The calculations for each is below.

Explanation: The formula for simple interest is Interest = Principal x Rate x Time. In order solve for each of these variables you need to plug each into the formula.

40,000 x .07 = $2,800

50,000 x .07 = $3,500

60,000 x .07 = $4,200

70,000 x .07 = $4,900

80,000 x .07 = $5,600

90,000 x .07 = $6,300

40,000 x .09 = $3,600

50,000 x .09 = $4,500

60,000 x .09 = $5,400

70,000 x .09 = $6,300

80,000 x 09 = $7,200

90,000 x .09 = $8,100

5 0
3 years ago
Read 2 more answers
A company's competitive strategy should _________.
rusak2 [61]

Answer:

B. be well matched to its internal situation and predicated on leveraging its collection of competitively valuable resources and competencies.

Explanation:

A company competitive strategy is either short term or long term strategy that puts a company ahead or above other competitors, thereby giving the company an advantage after examining the strength and weakness of its competitors and comparing them to its own. The strategy contain how to withstand the market’s competitive pressures, attract customers and assist in improving the company’s market position. It includes marketing a product different from that of your competitors after research, getting quality raw materials and labor at cheap prices and so on.

4 0
3 years ago
Question 2 of 20
Ronch [10]

Answer: D: increase

Explanation:

8 0
2 years ago
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