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Digiron [165]
3 years ago
12

Please subscribe to my mom channel pleaseI need 100 subscribe​​

Business
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Contact [7]3 years ago
8 0
Ok i will subscribe too!!
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What is the economic term used for sustained increase in the price of goods and services
Shkiper50 [21]

Answer:

Inflation

Explanation:

Inflation refers to a situation of a general increase in the prices of goods and services in the economy. As prices of goods and services rise, the cost of living goes up. Inflation results in the purchasing power of currency to diminish.    

Economist uses the consumer prices index to determine the rate of inflation. Inflation means a basket of goods and services will cost more today than it did in the prior period. Rapid economic growth that results in too much money in circulation causes inflation.

3 0
3 years ago
The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w
Umnica [9.8K]

Answer:

1.- Without Retrospective effect

2.- No as it comes from a change in estimations not an accounting error.

3.- yes. It will give a full explanation about the reasons to extend the useful life.

4.- Depreciation expense for 2021: 60,000

Explanation:

1.- The change in the useful life does not represent an accounting error. It comes from the estimation process.

800,000 - 160,000 x 2 = 480,000 book value at beginning 2021

480,000 / 8 new useful life = 60,000 depreciation per year.

5 0
3 years ago
Project selection helps to ensure that no project affect the status of other
kirza4 [7]

Answer:

<u>projects</u>

Explanation:

Remember, among the 'Project selection' stage is the first stage of the Project Process Stages. This stage typically involves examining each project and then determining which is of utmost importance.

Rather than trying to run every uncompleted project with the limited resources available which may affect the status of other projects, it is better to select the project that is most beneficial and that is feasible to complete within the stipulated deadline.

3 0
3 years ago
The analysis of the behavior of individual decision-making units is the definition of
Sphinxa [80]

Answer : A) Microeconomics

7 0
3 years ago
Read 2 more answers
Which of the following types of advertising is particularly expensive? A. Internet ads B. Newspaper ads C. TV commercials D. Rad
Vera_Pavlovna [14]
C, tv commercials are ussualy the most expensive.

If that helps make sure to mark this as the brainliest!
-procklown <3
7 0
3 years ago
Read 2 more answers
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