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]3 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

which federal agency reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choic

Ainat [17]

The Bureau of Competition federal agency reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choices, or less innovation.

The FTC's Bureau of Competition is the section in charge of cracking down on and preventing "anticompetitive" corporate activities. This is achieved through the application of antitrust laws, examination of prospective mergers, and research into other non-merger business practices that can harm competition. Vertical constraints, which include agreements among firms at various levels of the same sector, and horizontal restrictions, which involve agreements between direct competitors, are two examples of these non-merger procedures (such as suppliers and commercial buyers).

Antitrust law enforcement is shared by the FTC and the Department of Justice. The Department of Justice's Antitrust Division has the authority to pursue both civil and criminal antitrust actions, despite the fact that the FTC is in charge of the civil enforcement of antitrust statutes.

Learn more about Bureau of Competition, here

brainly.com/question/1511727

#SPJ4

5 0

1 year ago

A sweatshop is an example of an ethical mode of production.

aalyn [17]

Answer:

Algunas de las empresas maquiladoras en México son General Motors, General Electric, Ford Motors, Sony, HP, Hyundai, entre otros. Los productos que elaboran las maquiladoras son de gran variedad, tales como: . - Productos alimenticios.11 abr. 2016

Explanation:

7 0

3 years ago

Miley, a single taxpayer, plans on reporting $31,375 of taxable income this year (all of her income is from a part-time job). Sh

notsponge [240]

<u>Answer:</u>$1,825

<u>Explanation:</u>

Based on the single tax rate schedule, of the additional $10,900 of taxable income, $9,000 is taxed at 15% (the increase $31,375 to $42,275) and the remaining $1,900 ($38,650 minus $37,650) is taxed at 25%. To summarize, ($9,000 × 15%) + ($1,900 × 25%)

= $1,350+$475

=$1,825

The income tax from second job increases her tax liability by $1,825.

7 0

3 years ago

What year was the transistor invented and by what company?.

sveticcg [70]

Answer:

The transistor was invented on June 30th 1948 by Bell telephone laboratories

4 0

2 years ago

MacCoun and Reuter calculate that for which of the following substances is the elasticity index the greatest—that is, there is t

stellarik [79]

Answer: MARIJUANA

Explanation: MARIJUANA has been known to have different names such as Herb,pot,ganja etc. Many countries of the World have placed Ban or strict regulations to control the use of Marijuana.

MacCoun and Reuter were former staff or RAND,they discovered that a one percent Increase in price will lead to a decrease in demand for Marijuana,which means the demand for Marijuana is elastic. They also proposed that a decrease in consumption should be applied in the regulation instead of Banning the usage of a psychostimulants like Marijuana.

8 0

3 years ago