All categories

2 years ago

If consumers increase their purchase of goods and services then a likely outcome for our economy is

2 answers:

3 0

The correct answer is inflation. The more consumers spend on products and services, the higher the prices for these products and services will rise, leading to inflation. This will especially occur if the customer demand becomes greater than the supply, because then the goods and services will be even more difficult to attain, thus making them more valuable.

Yuri [45]2 years ago

3 0

Explanation:

There could be two possible outcomes if consumers increase their purchase of goods and in the economy. One is the economic growth due to the increased economic activities. Second one is the inflation. When the flow of the currency in a country increases in the economy, inflation occurs. Inflation is the increase in the prices of goods and services. Extra flow of cash in the economy also causes inflation. Due to inflation, the prices of goods and services increase.

You might be interested in

Under U.S. GAAP, if the carrying value of a fixed asset was $50,000, the undiscounted expected future cash flows was $55,000, th

ira [324]

Answer:

Explanation:

According to US GAAP the reduction in the value of the asset due to a decrease in the fair value. It means when fair value of the asset is reduced than the book value of the asset.

Amortized Cost / Book value = $50,000

Market Value = $53,000

Discounted Value = $51,000

There is no Impairment loss on this asset as the fair market value is more than the book value of the asset.

7 0

2 years ago

Read 2 more answers

Which skills would be the most beneficial for a computer help desk technician?

tangare [24]

<span>Which skills would be the most beneficial for a computer help desk technician?

</span>
<span>B. research skill</span>

4 0

2 years ago

Read 2 more answers

High beams should be:

AleksAgata [21]

ANSWER = b

Work = All you have to do is process of elimination to eliminate the ones that don’t make sense.

4 0

2 years ago

A nation's production possibilities curve is bowed out from the origin because: A. resources are not equally efficient in produc

Ilia_Sergeevich [38]

Answer:

The correct answer is option A.

Explanation:

A production possibility curve shows the different bundles of maximum possible two goods that can be produced using the given resources. The production possibility curve is concave to the origin.

This shape of the curve is because of opportunity cost. We know that to increase the production of one commodity we need to sacrifice production of its alternative.

The resources can not be perfectly substituted and the opportunity cost goes on increasing with the increase in output, that's why the production possibility curve is bowed out or concave to the origin.

5 0

2 years ago

Which terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?

AysviL [449]

Answer: Agency problem

Explanation:

Agency problem is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.

In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.

4 0

2 years ago