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LiRa [457]
3 years ago
5

The ________________ effect holds that as the price level increases, the buying power of wealth that people have stored up in ba

nk accounts and cash will diminish, eaten away to some extent by inflation.
Business
2 answers:
MrRissso [65]3 years ago
5 0

Answer:

The Wealth effect...........

tino4ka555 [31]3 years ago
3 0

The \sf\purple{wealth} effect holds that as the price level increases, the buying power of wealth that people have stored up in bank accounts and cash will diminish, eaten away to some extent by inflation.

\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘

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Which of these is considered personal selling?
tiny-mole [99]

Answer:

1: Handing out coupons at a store entrance

Explanation:

Personal selling is when a salesperson interacts with potential buyers face-to-face with the intent of selling to them. The salesperson engaged the customer aiming to convince them to buy a product. Personal selling is mostly applied to sales promotions.

The personal selling technique is sometimes called face-to-face selling. Its success largely depends on the salesperson's interpersonal skills.

6 0
3 years ago
Bridgeport Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the busin
mars1129 [50]

Answer and Explanation:

The journal entries are shown below:

1. Cash $19,980

    To Common Stock $19,980

(Being the invested amount is recorded)

2. No journal entry is required  

3. Rent Expense $999

       To Cash $999

(Being the rent expense is recorded)

4. Supplies $1,443

    To Accounts Payable $1,443

(being supplies purchased on account is recorded)

5. Accounts Receivable $2,109

      To Service Revenues $2,109

(Being service provided is recorded)

6. Cash $777  

     To Unearned Revenues $777

(Being cash is recorded)

7. Cash $3,108

      To Service Revenues $3,108

(Being cash is recorded)

8. Salary & Wages Expense $1,664

   To Cash $1,664

(Being cash paid is recordeD)

9. Accounts Payable $333

      To Cash $333

(Being cash paid is recorded)

5 0
3 years ago
The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likel
oksano4ka [1.4K]

Answer:

The local city council passes a law that establishes a maximum rent for apartments in your city. Which of the following is likely to happen?

Demand for cheap apartments will increase

Explanation:

When there is maximum price set aside for a good or services, the demand for lower goods would be increased. From the analogy above, since the maximum rent as been set aside, then the demand for cheap apartments will increase as a result of the decision because people would prefer lower prices

7 0
3 years ago
In June, buyers of titanium expect that the price of titanium will fall in the following month, July. What happens in the titani
Andrews [41]

Based on the expectation of the buyers of titanium, the effect on the titanium market in June was 4. The demand curve shifts to the left.

<h3>What happened to the demand curve?</h3>

Because the buyers of titanium expected that the price of titanium would fall in July, they would buy less titanium in June as they waited for the price of titanium to fall in July.

This decrease in supply as a result of waiting for the price to fall, would lead to a shift to the left for the demand curve to show that there is less quantity demand.

Find out more on shifts in the demand curve at brainly.com/question/11761847

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7 0
1 year ago
Identify the self-assessment test that each statement describes.
Xelga [282]
529 plan would be the answer
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