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Bogdan [553]
3 years ago
8

The term inflation is used to describe a situation in which

Business
1 answer:
photoshop1234 [79]3 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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Jamal has been tasked with putting together a new team for a new Starbucks project line. As Jamal thinks through the components
inysia [295]

Answer:

C. team composition

Explanation:

Team composition -

It is the overall combination of the people with different characteristics in a team ,  where the people interact in order to attain a common goal , is known as team composition .

The team could have homogeneous or heterogeneous members .

hence , from the question information , Jamal is concerned with the team composition .

4 0
3 years ago
) In April of 2019, Mike acquired a machine for $30,000 to use in his business. It is the only plant asset he purchased this yea
yan [13]

Answer:

Option $6,000

Explanation:

Data provided in the question:

Cost of the machine acquired = $30,000

Classified useful life = 5 years property

Now,

The MARCS rate for 5 years property, the depreciation rate is 20%

Therefore,

The depreciation for the year 2019 will  be

= 20% of the Cost of the machine acquired

= 0.20 × $30,000

= $6,000

Hence,

Option $6,000

7 0
3 years ago
Which of the following statements is (are) false?(A) Operations costing accounts for material costs like job costing and convers
Airida [17]

Answer:

C. Both A and B

Explanation:

Operation Costing:

is the acccount of process costing until there is a split-point when the costing systems moves to job system.

This means the materials are calculate with calculate with process costing. And then there is a degree of customization which makes the job costing useful.

(A) FALSE is the other way around. The system use process costing until split point, when it switch to job costing for specific procedures.

(B) FALSE

An automobile manufacturer do the same car over and over.

There is no difference between the car. It will use process costing.

6 0
3 years ago
The following data for Romero Products Inc. are available:
Mkey [24]

Answer:

Sales quantity factor = - $600,000

Unit price factor = $760,000

Explanation:

sales quantity factor is the effect of change in number of units sold with respect to the budgeted price or planned price.

Unit price factor is the change in price per unit with respect to the actual number of units sold.

Unit price factor $(220-200)×38,000 = $760,000

Sales quantity factor (38,000 - 41,000) × $200 = -$600,000

Kindly see attached picture

3 0
3 years ago
Under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and a. the in
kirza4 [7]

Answer:

The correct answer is a) the inflation differential.

Explanation:

Inflation differential is the difference we can find between two countries in exchange rates. The inflation differential can produce losses for the company if, in the country you want to buy, there is a big difference in your exchange rate, since this raises the prices of the product. As a result, the company has a loss; it can also happen if It is a case of exports.

If the inflation differential is maintained for an extended period, it can cause loss of competitiveness, since the profit margin of the products would be affected.

<em>I hope this information can help you.</em>

6 0
3 years ago
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