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jok3333 [9.3K]
3 years ago
11

Inflation is defined as a rise in the general level of prices. When inflation occurs, the buying power of the dollar would:

Business
1 answer:
Anuta_ua [19.1K]3 years ago
5 0

<u>Answer:</u> the buying power of the dollar would: decrease.

<u>Explanation:</u>

Purchasing power means the amount of goods that can be bought with the given unit of money. The value of the dollar decreases when there is an inflation. Inflation reduces money value by raising the prices of the goods and services in the country.

Purchasing power can be compared with the salaries received 50 years ago and current salaries. Though the current salaries have increased the prices of the goods have also increased accordingly. Which can also be termed as increased cost of living.

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Jetnhetnhtnhterk egrepjgjk
den301095 [7]

Answer:

jbjhh etdiuzfbv;f v;a

thx for the points

Explanation:

6 0
3 years ago
Entrepreneurs use distributors to purchase resources and invest in the production of goods. True or false?.
ANEK [815]

Entrepreneurs do not use distributors to purchase resources and invest in the production of goods so this statement is FALSE.

<h3>How do Entrepreneurs purchase resources?</h3>

Entrepreneurs are able to invest in the production of the goods and services they provide by using their own funds and liability.

They do not use distributors but rather foot the bills as well as getting loans to be able to engage in the purchase of resources.

Find out more on Entrepreneurship at brainly.com/question/13628349

#SPJ1

4 0
2 years ago
If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its
Brums [2.3K]

Answer:

$35,400

Explanation:

The computation of the increase in sales is shown below:

The Total sales value is

= Number of units sold × selling price per unit

= 2,950 units × $40 per unit

= $118,000

Now if the contribution margin increases by 30, so ultimately the sales is also increased by 30%

Therefore, the increase in sales is

= $118,000 × 30%

= $35,400

7 0
3 years ago
_____ percent of adults (age 25 to 65) are providing primary financial support for their grown children.
Ann [662]
. Nearly half (47%) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child (age 18 or older). And about one-in-seven middle-aged adults (15%) is providing financial support to both an aging parent and a child.

Not sure if this helps any
6 0
3 years ago
13.10 Two risky gambles were proposed at the beginning of the chapter: Game 1: Win $30 with probability 0.5 Lose $1 with probabi
Lena [83]

Answer:

yes, it is true

Explanation:

the expected value of game 1 = ($30 x 0.5) + (-$1 x 0.5) = $15 - $0.50 = $14.50

  • since the expected value of game 1 is very high compared to the risk of losing, then most of us would probably want to play that game.

the expected value of game 2 = ($2,000 x 0.5) + (-$19,000 x 0.5) = $1,000 - $9,500 = -$8,500

  • on the contrary, since the expected value of game 2 is negative and the risk of losing a large amount is very high, very few people will be willing to play game 2 without being paid to do so.
8 0
3 years ago
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