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Bogdan [553]
4 years ago
8

The term inflation is used to describe a situation in which

Business
1 answer:
photoshop1234 [79]4 years ago
6 0

Answer:

The correct answer is option b.

Explanation:

Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.  

A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as  

  • Demand-pull inflation
  • Cost-push inflation

There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.

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Bridget has opened a new clothing boutique. When would you say that the clothes she sells are in demand?
Svetllana [295]
The correct answer is <span>a.if buyers have the ability and desire to buy the clothes

This example has a lot to do with the market demand and production ideas. If the people can't buy it then the product won't succeed. If they won't buy it then it won't succeed either. So you need both the desire and the ability on the side of the buyer. </span>
5 0
4 years ago
Which of the following cities currently has a city government with a strong mayor-council form of government?
photoshop1234 [79]

Answer:

The correct answer is letter "B": Houston.

Explanation:

A city council government is a type of governance management constituted by a chief executive officer (mayor) and a legislative body (the city council). Both entities work towards enforcing legislation and keeping a balanced budget. Though the relationship working method may vary if the city council is "strong" or "weak". In the strong city council, the mayor is not part of the city council but has more power to act individually. On the other hand, in the weak city council, the mayor is part of the city council but has limited power.

Houston (Texas) is one of the cities in the U.S. that has a strong city council type of government.

7 0
3 years ago
Read 2 more answers
QUESTION 7 of 10: What aspect of your advertising is it vital to measure?
Dominik [7]
A) Effectiveness.
That is the most important aspect to measure.
3 0
3 years ago
Solve the exponential equation by taking the logarithm on both sides. 5^(x+8)=7
rodikova [14]
<h2>Answer:</h2>

x = (log₅7) - 8

<h2>Explanation:</h2>

<em>Given;</em>

5^{x+8} = 7

<em>Take log of both sides;</em>

log₁₀(5^{x+8}) = log₁₀7               -------------(ii)

<em>From the laws of logarithm remember that;</em>

logₐ xⁿ = n logₐ x

<em>Equation (ii) can then be written as;</em>

(x + 8)log₁₀5 = log₁₀7

<em>Divide both sides by log₁₀5</em>

(x + 8) = \frac{log_{10}7}{log_{10}5}                -----------(iii)

<em>From the laws of logarithm, remember that;</em>

\frac{log_{a}x}{log_{a}y} = log_yx

<em>Equation (iii) can thus be written as;</em>

(x + 8) = log₅7

x + 8 = log₅7

<em>Make x subject of the formula;</em>

x = (log₅7) - 8

7 0
3 years ago
Firm A produces desks. It is situated in the US but imports wood from Brazil. Last year it imported $8,000 in lumber and sold 10
Veronika [31]

Answer:

The correct answer is C: 48000

Explanation:

The Expenditure Approach is a method of measuring GDP by calculating all spending throughout the economy including consumer consumption, investing, government spending, and net exports. This method calculates what a country produces, assuming that the finished goods and services of a country equals the amount spent in the country for that period.

<u>The formula is: </u>

GDP=C+I+G+/-NX

GDP: Gross Domestic Product

(C) consumer spending – this is the amount that all consumers spend on goods and services for personal use.

(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.

(G) government spending – this includes spending on new infrastructure like bridges and roads.

(NX) net exports – this includes spending on a country’s exports minus its spending on imports.

AddedGDP= 56000-8000

AddedGDP= 48000

6 0
3 years ago
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