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lana66690 [7]
2 years ago
8

Economists agree that a. neither high inflation nor moderate inflation is very costly. b. both high and moderate inflation are q

uite costly. c. high inflation is costly, but they disagree about the costs of moderate inflation. d. moderate inflation is as costly as high inflation.
Business
1 answer:
bezimeni [28]2 years ago
4 0

Answer:

High inflation is costly, but they disagree about the costs of moderate inflation.

Explanation:

Inflation can be defined as the persistence rise in the price of goods and services. Inflation leads to a decline in the value of money this means that individuals may no longer to buy enough thing with the same amount of money which is previously enough to buy the things needed. The rise in the price of goods will equally mean inability to purchase the normal quantity of goods.

The main causes of inflation are demand pull and cost push. Demand pull occurs when manufacturers increase their prices due to the increase in demand for their products. Cost push occurs when manufacturers increase the prices of their products because the costs have also increased.

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The principle that managers follow when they only investigate departures from the plan that appears to be significant is commonl
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Answer:

B. management by exception.

Explanation:

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2 years ago
Fetherston Company's goods in transit at December 31 include: sales made purchases made (1) FOB destination (3) FOB destination
expeople1 [14]

Answer: Sales Made - (1) FOB destination

Purchases Made - 4) FOB shipping point

Explanation:

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Free on Board (FOB) Shipping Point means that the ownership of the goods are passed from the seller to the buyer as soon as the seller places the goods at the place of shipment. This means that ownership of the good is that of the Buyer during the shipment process. Fetherston assumed control of such purchases as soon as the seller shipped it so even though it is still in transit, it is under the ownership of Fetherston and should be listed as such in inventory.

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3 years ago
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