Answer:
both raising taxes and reducing government spending, reduce the amount of money in the economy and reduce inflationary pressure on prices
Explanation:
Inflation is a situation where prices of goods and services become high. It can be caused by increased sand where consumers are willing to spend more on goods, or by an increase in production cost forcing suppliers to increase price.
The government can take various measures to control price increase during an inflation.
If money supply is reduced by less government spending and increased tax, there will be less tendency for price to increase.
Consumers will not be able to buy at the high price so suppliers are forced to reduce their prices
Answer:
Rs 38640
Explanation:
Closing capital is the summary of transaction including current assets and long term prepaid less total liabilities as of close of business on the closing date
Cash Stock Adv. Salary out. creditor Capital
Opening capital 36,000 36,000
Advanced rent (300) 300
Purchase for cash (18000) 18000
Credit purchase 20000 20000
Goods sold 18000 (12000) 6000
Salary (300) 60 (360)
Drawings (3000) (3000)
32400 26000 300 60 20000 38640
Closing capital = Rs 38640
Answer:
D. Decrease
Explanation:
Monopolistic Competitive market structure includes many sellers selling related but differentiated (imperfect substitutes) of each other.
This market has free entry & exit, firms' partial control over price-based on differentiation but also market competition, imperfect knowledge-based on selling cost & claimed superiority of all firms' products over each other.
Eg : Cosmetic, Skin care products.
If new firms enter this market , the existing firms demand curve becomes more elastic (more responsive to price change) & demand decreases , shifts leftwards.
<span>In
order to respond properly to questions in a non-aggressive and professional
manner, you should first listen to the question and clarify the question. Make
sure that you understand the question before answering. You communicate your
answer and ask follow up questions to ensure you have been understood. In case
of doubt, ask for more time to study about the matter and get the answer back
to the person later.</span>