Answer: A. dollars are worth less and easier to pay
If someone borrows money before inflation kicks in, then the debt would be easier to pay back because the person would earn more (due to higher wages) and be able to pay off the debt faster. This is of course assuming the person pays off the debt as quickly as possible, and does not get distracted with other purchases.
In general, inflation eats at the purchasing power of money. The more money there is in circulation, the less a dollar can purchase. So this is why the value of the dollar goes down.
This was to provide England a safeguard from the
expansionist plans of Spain as claimed Florida for its colony. They were given free rein to do develop the
colony but at the same be responsible for governing it. Eventually Carolina was divided into North
and South and both became British colonies.
He was killed in the civil war
That whenever any form of government becomes destructive of these ends, it is the right to abolish it."
Answer:
(D). Potential development of substitute products and bargaining power of consumers
Explanation:
According to Michael Porter, <u>there are five forces that should be analyzed to determine the degree of competitiveness in any industry</u> and they include; the bargaining power of suppliers, the bargaining power of consumers, threat of new entrants, threat of substitute products and the rivalry among competing firms in the industry.
