1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sattari [20]
4 years ago
15

True or False: A decrease in the general price level resulting from an increase in the cost of production is known as cost-push

inflation, while a fall in the general price level resulting from an excess of total spending is known as demand-pull inflation.
Business
1 answer:
seropon [69]4 years ago
4 0

Answer: False. The General price level will only increase. It will not decrease at any cost of having cost pull inflation and the demand full inflation.

Explanation:

For every production of the single unit, the expenses incurred on the wages and the cost incurred on using raw materials  are prominently considered. The rate of demand has an inverse relationship with the increase in the cost of production. Then the price level of the products increases with the effects of Cost-push inflation.

Secondly, The rate of the demand for particular products increases beyond the equilibrium level when the output rate remains below the capacity to meet the requirements of the consumers' demand. In one particular stage, Demand-full inflation takes place which utmost leads to an increase in the price level and acts as a cause for Demand-full inflation.

You might be interested in
What happens to supply when input costs go up? It increases because the good becomes cheaper to produce. It increases because th
Anettt [7]
Input income value increase expensive to produce
5 0
3 years ago
Read 2 more answers
Peter’s Pizzeria sells both pizzas and wings. It wants to increase the sales of its pizzas. If it decides to increase the price
Mashcka [7]

Answer:

<u>The correct answer is</u>: a) the pizza and the wings are substitutes.

Explanation:

Analyzing the scenario of the question above, in the case of Peter's pizzeria, which sells pizza and wings and wants to increase the sale of pizzas by adopting a strategy of increasing the price of wings, in this case, he is assuming that pizza and wings are substitutes .

Substitute goods are those that can be consumed in substitution for another good, even if they are in different categories, as long as they perform the same function, but in a different way.

3 0
4 years ago
How is share in profit of outgoing partner calculated when he retires during the accounting year
liraira [26]

Answer:

Explanation:

6 0
3 years ago
A firm has current liabilities of $500, a current ratio of 1.5, and a quick ratio of 1.1. calculate the level of inventory for t
SCORPION-xisa [38]

The inventory level will be used by an inventory manager to regulate the optimal time for manufacturing, if they are handling a manufacturer's warehouse, or to demand more if the product is being stored as stock at a store.


To solve this:

Get first the Current Assets this solved by multiplying the current liabilities to the current ratio.

CA = $500 (1.5) = $750


Then get the inventory level by multiplying the current asset to the product of the current liabilities and quick ratio.

Inventory level = $750 (500 x 1.1) = $412,500

4 0
3 years ago
During the late 1990s, a lot of big animation companies started to move away from the traditional hand-drawn animation and towar
malfutka [58]

Answer:

Structural unemployment

Explanation:

Structural unemployment is the type that occurs as a result of changes in an industry that results in a mismatch between the job requirements and the skills the workers have to offer.

In the given scenario big animation companies started to move away from the traditional hand-drawn animation and towards computer animation.

So workers that were skilled in traditional hand drawing and who did not know how to do computer animation were now redundant.

This resulted in the mass lay offs. It is an example of structural unemployment

4 0
3 years ago
Other questions:
  • Lots of writers have written good stuff other than books, like stuff for movies. which is the best way to revise the sentence to
    8·1 answer
  • Ms. Cole purchased a $546,000 insurance policy on her own life and named her son as sole beneficiary. She has paid $33,852 total
    7·2 answers
  • Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. If the te
    8·1 answer
  • Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide
    8·1 answer
  • Suppose that you are the CFO of ABC Inc., which is an all-equity firm whose beta is 0.5. You are considering a new project that
    8·1 answer
  • Some people want healthy cereal that will help them lose weight or possibly prevent certain kinds of cancer. Some want presweete
    14·1 answer
  • Suppliers’ personal accounts is found in the
    13·1 answer
  • Assume University Athletic Pharoah Club sells T-shirts for $30 and anticipates selling 6,700 shirts during football season. The
    7·1 answer
  • Your next-door neighbor, a kind, elderly lady, just discovered that her stock account had been excessively traded in an inapprop
    5·1 answer
  • Other things equal, if the prices of a firm's variable inputs were to fall: one could not predict how unit costs of production w
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!