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Andreas93 [3]
3 years ago
7

If prices have increased according to the Consumer Price Index (CPI), what has occurred in the economy?

Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

The correct answer is that it has occurred that the economy has suffered from inflation.

Explanation:

To begin with, the concept of inflation is known in the economic sciences for refering to the situation where the prices of every good and service in general in the economy have risen up and it is due to the fact that now the acquisition power of the currency has lost value and therefore that every good is now more expensive than before stating that the purchasing power per unit of the money has suffered a reduction. Moreover, a very common intrument to actually measure the inflation is the very well known Consumer Price Index whose major purpose is to accomplish that task.

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When dealing with foreign countries, a marketer should refer to "international commercial law" for guidance?
Jobisdone [24]

The above statement is false.

<span>Because when dealing with foreign countries, a marketer should look the legal system of the country with which he is dealing or the laws of the country related to the business to check the limitations within business is conducted. There is no such law of international commercial.</span>

3 0
4 years ago
The text uses __________ as an example of a set of people with a history as a counterculture in the u.s.
qaws [65]
The answer is moremons..

Thanks!
4 0
3 years ago
Which one of the following generic types of competitive strategy is typically the "best" strategy for a company to employ?
Klio2033 [76]

Answer: One that is customized to fit the macro-environment, industry and competitive conditions, and the company's own resources and competitive capabilities

Explanation:

The generic types of competitive strategy is typically the "best" strategy for a company to employ is one that is customized to fit the macro-environment, industry and competitive conditions, and the company's own resources and competitive capabilities.

This is because the company has to consider it's resources, the market and other necessary factors before making a decision on that.

8 0
3 years ago
What will be the nature of balance of trade if imports are of manufactured goods?
Radda [10]

Answer:

b). Positive

Explanation:

The nature of the balance of trade if imports are of manufactured goods is POSITIVE

Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.

Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.

On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.

7 0
3 years ago
A law firm collected $3,600 for work to be performed in the following month. Which of the following general journal entries will
defon

Answer:

b. Debit Cash, $3,600; credit Unearned Legal Fees Revenue, $3,600

Explanation:

The journal entry to record the given transaction is as follows

Cash Dr $3,600

     To Unearned legal fees revenue $3,600

(Being the collection is recorded)

Since the collection is made so we debited the cash account and credited the unearned legal fees revenue so that the correct posting could be made

Hence, the correct option is b.  

6 0
3 years ago
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