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USPshnik [31]
3 years ago
13

The most immediate impact of rising inflation is

Business
2 answers:
Zepler [3.9K]3 years ago
8 0
The most immediate impact of rising inflation is higher prices. Inflation makes the prices of commodity to rise, the same commodity will be bought with an increase price during inflation.
algol133 years ago
4 0

The correct answer is B. Higher prices

Explanation:

Inflation is an economic phenomenon that implies an increase in prices of basic products and services, this occurs due to multiple factors that include more demand than supply and increased prices in production. Additionally, inflation has multiple effects because the increase in prices leads individuals to buy fewer products and services which is negative for the economy, and also it decreases the capability of the individual to preserve a certain lifestyle. According to this, the most important and immediate impact of rising inflation is higher prices.

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ax policy is the choice by a government as to what taxes to levy, in what amounts, and on whom. It has both microeconomic and macroeconomic aspects. The macroeconomic aspects concern the overall quantity of taxes to collect, which can inversely affect the level of economic activity; this is one component of fiscal policy.

Explanation:

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Doctors have been looking for a cure for which disease since 1981?
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Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat
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Answer:

Many observer says it does

Explanation:

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3 years ago
These items are taken from the financial statements of Martin Corporation for 2017.
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Answer:

Service revenue                                    68,000

Utilities expense                             2,000

Maintenance and repairs expense 1,800

Depreciation expense                    3,600

Insurance expense                         2,200

Salaries and wages expense       37,000

Total expenses                                <u>     (46,600)   </u>

Net Income                                             21,400

Retained earnings (beginning) $31,000

Net Income                                  21,400              

Dividends                                <u>   (12,000)   </u>

Ending Retained Earnings         40,400

Balance Sheet

Assets

current

Cash                           10,100

Accounts receivable  11,700

Prepaid insurance  <u>    3,500   </u>

total current              25,300

Non-Current

Equipment(net)         48,400

Total Assets:              73,700

Liabilities

Accounts payable                18,300

Salaries and wages payable 3,000

Total Liabilities                      21,300

Equity

Common stock           12,000

Retained Earings        40,400

Total Equity                 52,400

Total Liabilities + Equity        73,700

Explanation:

First, we do the income statmeent which is revenues less expenses accounts

Then, we do the retained earnings.

To the beginning balance we add up the net income and subtract the dividends.

Then, end with the blaance sheet:

first assets in order of liquity

then liabilities and last equity using the retained earnings balance we calcualted.

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To get a complete picture of your target market, you must do Question 2 options: door-to-door surveys. primary research. seconda
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