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
Gre4nikov [31]
3 years ago
14

Inflation is a general rise in the level of prices experienced by people in a nation.

Business
1 answer:
vladimir2022 [97]3 years ago
4 0

Answer:

True.

Explanation:

Inflation is an economic term that can be defined as the increase in the prices of a product on the market in a given period.

It can occur due to several factors, when there is an imbalance between supply and demand, then it is correct to say that when the demand for a product is greater than the supply, there will be an increase in prices and, consequently, inflation.

It can also occur when there are situations of monopoly, which is the pricing of a product controlled by a company.

Another factor that causes inflation is the increase in a company's production costs, which can be caused by factors such as scarcity, or economic crisis.

Uncontrolled inflation has a negative impact on the consumer's life, which starts to lose its purchasing capacity and has its quality of life reduced.

You might be interested in
An expanded income statement is generally divided by the different categories of revenue. the most common categories are:_______
never [62]

An expanded income statement is generally divided by the different categories of revenue. The most common categories are <u>sales expenses and general and admin expenses.</u>

The selling, general, and administrative expense, or SG&A, refers to all corporate operational costs that are not accounted for in the cost of products sold. Since they raise a company's break-even point, management should exercise strict control over these expenses.

Prime costs are a company's outlay for the components used in production. The direct costs of labor and raw materials used in the production of a good are determined by the sales expenses and general and admin expenses. The direct costs of labor and raw materials used in the production of a good are determined by the prime cost.

To know more about selling, general, and administrative expense, click here:-

brainly.com/question/24224392

#SPJ4

3 0
1 year ago
Jeremy owns a muffler shop in a large city. He provides services such as muffler repair, replacement, and minor car repair work.
ss7ja [257]

Answer:

B) Jeremy is facing a moral, legal, and ethical decision.

Explanation:

Jeremy knows that what he is doing is not legal, since the legal limit for exhaust system noise is 95 decibels and he will alter the cars muffler so that it reaches 125. Besides that, he faces moral and ethical dilemmas because his business is not doing well and his son has just been diagnosed with cancer and he needs money and a lot of it.

5 0
3 years ago
Which senior managers may assume a greater deal of transferability between domestic and international HRM practices?
astraxan [27]

Answer: d. All of the Above

Explanation:

All the above senior managers are more likely to apply more Domestic HRM practices to make them International HRM practices when they are put into a situation where International practices will be needed.

This is because they have been with the Domestic companies for much of their time and so know more about Domestic practices than international.

The first options refers to senior managers in firms with large domestic markets. To be a senior manager demands experience in the market they are in so it is not far fetched to say that they are more knowledgeable in domestic practices than international.

The second option speaks of managers with little International experience meaning they are more likely to engage in transferability between domestic and International practices.

The third option speaks of managers who built their careers on domestic experience. They will find it hard letting go of what has brought them such success so will more likely apply domestic practices on an international scale.

7 0
3 years ago
What is a sales lead?
Lesechka [4]
Sales lead is a prospective consumer of a product or service that is created when an individual or business shows interest and provides his or her contact information.
8 0
3 years ago
Read 2 more answers
1. Do you think the day will come when people no longer use cash? Why, or why not?
RSB [31]
I think now I’m present day that money is now being transferred online and email services I think cash for no longer be used in the future because the rise of technology and how everyone is now getting so used to it and depending on tech

It would be positive it would be more clear to people and for the younger generation to learn about but for the older generation it would be much harder and would be a negative affect on them since they didn’t use technology in their days and a lot of people are still used to cash
5 0
3 years ago
Other questions:
  • The demand for a necessity whose cost is a small portion of one's total income is
    15·1 answer
  • what was the main cause behind the lowell strike in the mid nineteenth century? (a. wage cuts)( b. working hours) (c. living con
    7·1 answer
  • which term describes an insured, a partner or an employee with custody of insured property outside the insured premises?
    10·2 answers
  • Sound Financials Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices. I
    11·1 answer
  • During the month of July, the company had the following activities: Issued 4,500 shares of common stock for $450,000 cash. Borro
    6·1 answer
  • Which is not a weakness of group decision making? Group decisions tend to be less creative than individual decisions. In a group
    11·1 answer
  • 1. When consolidating the accounts of a parent and subsidiary in subsequent years, eliminating entry (O) recognizes total write-
    9·1 answer
  • A system in which businesses operate under minimal government regulation
    15·1 answer
  • A mortgage broker advertises a 3.5% fixed payment on a 30-year loan implying that the offer was for a 30-year loan with a 3.5% f
    11·1 answer
  • How can entrepreneurs save money in case the government increases taxes on small businesses?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!