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3 years ago

One of the effects of inflation on the economy is

Business

1 answer:

loris [4]3 years ago

3 0

Answer:

Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy. ... With controlled, lower inflation, employment increases.Feb

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Country b has a gdp of $1 trillion and a gdp per capita of $27,000. its economy is a mix of manufacturing, high tech, services,

liberstina [14]

Based on the descriptions of the economy, the type of economy that country b has is a developed economy.

<h3>What is a developed economy?</h3>

A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.

Examples of developed economies are United States, Switzerland.

To learn more about developed economies, please check: brainly.com/question/19496739

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3 0

2 years ago

You are auditing Rodgers and Company. You are aware of a potential loss due to noncompliance with environmental regulations. Man

aniked [119]

Answer:

D. disclose a liability and provide a range of outcomes.

Explanation:

As there are 40% chances to the outcome that liability will occur, it is not nominal to be ignored. And therefore, it shall be shown in the balance sheet, as a note, with different possibilities and their expected results.

As the amount attached is huge and that the company shall not ignore such a coming liability, as if it do not happen, it can be reversed, and if it does the company shall be ready to have the liability in case of any default.

4 0

3 years ago

The cost of financing the national debt (in terms of average interest rate paid on the debt) has generally _____ over the last 3

Sloan [31]

<span>d) stayed the same would be the answer </span>

7 0

3 years ago

William opened two investment accounts. The first year, these investments, which totaled $1800, yielded $105 in simple inte

stellarik [79]

Answer:

$1000 at a 6.5% rate

$800 at a 5% rate

Explanation:

Let X be the amount invested at a 6.5% rate and Y be the amount invested at a 5% rate.

$X+Y = \$1800\\0.065X+0.05Y=\$105$

Solving the linear system:

$X+Y -20*(0.065X+0.05Y)= \$1800-(20*\$105)\\-0.3X=-\$300\\X=\$1000\\Y= \$1800-\$1000\\Y=\$800$

$1000 were invested at a 6.5% rate and $800 at a 5% rate.

6 0

3 years ago

Which inventory method is better described as having a balance-sheet focus and why is it considered as such?

adelina 88 [10]

Last in, first out (LIFO) is an inventory method which is better described as having a balance-sheet focus, as it is considered as such better approximates inventory cost necessary to generate revenue.

The Last in, first out (LIFO) method is used to place an accounting value on inventory. This method used to account for inventory records the most recently produced items as sold first.

Last in, first out (LIFO) method is only used in the United States where all three inventory-costing methods can be used. Thus, companies that use LIFO inventory valuations are typically those with relatively large inventories.

Hence, LIFO is a method used to account for inventory.

To learn more about Last in, first out (LIFO) here:

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7 0

1 year ago