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
vlada-n [284]
3 years ago
13

Colby is a new college graduate who just started a job as an engineering trainee for a sizeable defense company. Now that he is

earning good money, he hopes to start saving for his first house and also make contributions to his retirement plan. As he looks over his monthly bills, Colby is concerned that he'll never get ahead of the game. His grocery bill, car payment, and mounting gas payments keep him in the "just making ends meet" group. As his mind wonders back to his college days, he reflects on a time when gas and food seemed a lot more reasonable. Chase is experiencing the effects of:___________
Social Studies
1 answer:
Fed [463]3 years ago
8 0

Answer:

Inflation

Explanation:

Inflation is defined as a general rise in price of goods and services in an economy. It can occur as a result of increase in cost of production of goods forcing suppliers to increase price in order to keep making profit.

Inflation can also occur because of increased demand for a commodity. Buyers are willing to pay more for the product.

Colby in the given scenario wanted to get a high paying job that would allow him to start saving for his first house and also make contributions to his retirement plan.

However because of high grocery bill, car payment, and gas payments he is unable to save.

During his college days gas and food were note affordable.

He is experiencing the effect of inflation that resulted in increase in price of food and gas

You might be interested in
HELP PLEASE!!
EastWind [94]

Answer:IT is TRUE!

I HOPE I HELPED

Explanation:

8 0
3 years ago
What is the total number of ownerships reported in 2008
DochEvi [55]
Over 1000 because think of population but lesser
4 0
3 years ago
Read 2 more answers
Andy and Annie are in a happy relationship. Annie has many substitutes for Andy, but Andy has few substitutes for Annie. Suppose
professor190 [17]

Answer:

d. Andy, because he is the less elastic factor

Explanation:

5 0
3 years ago
Is a American Robin a omnivore or a herbivore?
ASHA 777 [7]
American Robin eats insects such as earthworms and caterpillars. Just this knowledge is enough to know that it's not a herbivore: but it could be a carnivore. however, it also happily eats fruits and berries: so yes, it's an omnivore.
5 0
3 years ago
Although there is a large range of actual occurrence that differs by culture, estimates suggest that approximately _____ percent
igor_vitrenko [27]

The answer is: 15%

The numbers tend to be higher if we include the children from poor/non-industrialized countries.  These countries tend to have low standard of living and very little resources. It is very hard for adults to survive in this country, let alone infants. Because of this, they rely on outsiders such as relatives, government programs, or charities from richer countries for their daily child care.

7 0
3 years ago
Other questions:
  • Charlotte was born to a lower class family in rural pennsylvania. after taking a job in the mail room of a large corporate offic
    11·2 answers
  • Which of the following characteristics is not shared by nonprofit organizations? Group of answer choices A) Receive funding from
    15·1 answer
  • A team of investigators has found that persons suffering from depersonalization/derealization disorder show significant differen
    7·1 answer
  • You've been sitting cross-legged on the floor of your dorm room while studying. As you stand up to go get a snack, you realize t
    9·1 answer
  • Humans learn culture from the people and cultural institutions that surround them. When does this learning occur?
    8·1 answer
  • Porque el dia de la mujer se conmemora el 8 de marzo??
    12·1 answer
  • Developing industrial societies are in this stage of demographic transition. During this stage, societies discover technology an
    15·2 answers
  • What is it called when i don't care what pronouns people call me, but i care about other peoples pronouns?
    14·1 answer
  • A business organization owned by a group of stockholders is called a __________.
    15·2 answers
  • results from k. warner schaie's study reveal that intelligence test scores for more recent generations have:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!