All categories

3 years ago

What do inflation rates measure?

Business

1 answer:

My name is Ann [436]3 years ago

6 0

Answer:

C. The speed with which general prices are rising

Explanation:

Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded. Inflation means a selected basket of goods will cost more this period than it did in the previous season.

The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation. A moderate level of inflation is required to promote spending and sustain favorable economic growth.

You might be interested in

What two reasons would cause you to not give a customer a quote

Andrej [43]

If they were rude or if we were closed (I guess)

8 0

3 years ago

Longview Manufacturing Company manufactures two products (I and II). The overhead costs ($60,500) have been divided into three c

Mila [183]

Answer:

a. $8,000.

Explanation:

The computation of the amount of overhead cost assigned to the product I is shown below:

= $40,000 ÷ 2,500 × $500

= $8,000

Hence, the amount of overhead cost assigned to the product I is $8,000

Therefore the correct option is a.

7 0

3 years ago

Harold Manufacturing produces denim clothing. This year, it produced 5,150 denim jackets at a manufacturing cost of $41.00 each.

Bond [772]

Answer:

Incremental income from

alternative 1 = $ 41,200

alternative 2 = $ 23850

alternative 3 = $ 34,450

Explanation:

Data provided:

Number of denim Jackets manufactured = 5,150

Cost of each jacket = $ 41.0

Alternative 1:

Selling cost of the second hand clothes = $ 8

Therefore,

the incremental income generated from the alternative 1 = 5,150 × $ 8

= $ 41,200

Alternative 2:

Disassembling cost = $ 32,800

selling cost of each jacket = $ 11

therefore, the incremental income generated from the alternative 2 = Income from selling the jackets to recycler - Disassembling cost

the incremental income generated from the alternative 2

= ($ 11 × 5150) - $32,800

= $ 23850

Alternative 3:

Reworking cost = $ 102,800

selling cost of each jacket = $ 45

Number of jackets that can be sold = 3,050

therefore, the incremental income generated from the alternative 3 = Income from selling the jackets - reworking cost

the incremental income generated from the alternative 2

= ($ 45 × 3050) - $ 102,800

= $ 34,450

7 0

3 years ago

ConveyerPape is worried about sharing proprietary information about their manufacturing process with individuals in other countr

Aleks [24]

Answer:

Conveyer Pape should use Foreign Direct Investment instead.

Explanation:

This is a growth strategy where an organization establishes in new country by building its own facilities or acquiring an existing one instead of giving a right to others to operate under its brand name in return for fee(Licensing).

This approach is quite expensive as huge capital outlay is required,but when successful its return on investment is worthwhile compared just receiving token as licensing fee or royalty .

8 0

4 years ago

During the vote for their leader, how do the boys view each of the following boys? what important leadership qualities do each o

harkovskaia [24]

Due to his charming appearance, advanced age, dignified "stillness" of character, and ownership of the conch,

Leadership Qualities.
#1: A good leader must be accountable to both the group for which he is responsible and to himself.
#2: In every event that he and the organization may encounter, a strong leader must be proactive rather than reactive.
#3: A successful leader needs to be accepting of all viewpoints from his group members.

What is Leadership?
Leadership is both a topic of study and a practical aptitude that refers to the capacity of an individual, group, or organization to "lead," influence, or guide other individuals, groups, or entire organizations. It's common to view "leadership" as a divisive concept. In specialized literature, the issue is discussed from a variety of angles, oftentimes drawing comparisons between Eastern and Western leadership styles as well as (within the West) North American and European types.

To learn more about Leadership
brainly.com/question/12522775
#SPJ4

6 0

2 years ago