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vesna_86 [32]
3 years ago
7

The purchasing power of money and the price level vary: Group of answer choices inversely. directly during recessions, but inver

sely during inflations. directly, but not proportionately. directly and proportionately.
Business
1 answer:
Kamila [148]3 years ago
5 0

Answer:

Option "Inversely" is correct.

Explanation:

Option “Inversely” is correct because the increase in price level exhibits inflation and a rise in inflation decreases the purchasing power of money. However, if the price level decreases or inflation decreases, then the purchasing power of money increases. Therefore we can see that increase in price level decreases the purchasing power and a decrease in price level increases the purchasing power. Therefore, there is an inverse relationship.

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Savings account is the answer
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Which of the following is a current asset?
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Answer:

D

Explanation:

Current assets are considered short-term assets because they generally are convertible to cash within a firm's fiscal year, and are the resources that a company needs to run its day-to-day operations and pay its current expenses. ...

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3 years ago
Shane is the project manager of the organizational development team at Solid Hardwoods. Shane's team has been assigned the task
qaws [65]

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7 0
3 years ago
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6 0
4 years ago
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muminat

Answer:

3. publicity

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