When a negative real shock hits the economy, without monetary intervention, both inflation and real growth will decline.
Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.
You can learn more about inflation here brainly.com/question/28190771
#SPJ4
Answer:
B
Explanation:
Because wants are unlimited and the resources available to satisfy these wants are limited, economic agents must undergo trade-off
Trade-off is the opportunity cost of taking a particular decision
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
According to the law of supply, if wage rate increases the supply of labour would increase. If wage rate increases, the number of hours that labour would want to work would increase. Thus, there is a positive relationship between wage rate and labour supply. The supply curve for labour is positively sloped. Because time is finite, as the number of hours labour works increases, labour would have less time for leisure.
Answer:
That statement is true.
Explanation:
In business, compliance department is created in order to identified various forms of risks that might be faced by the companies and implement a certain set of controlled procedure to prevent that risks from happening.
This cover wide variety of risks starting from :
<u>- financial </u>
Risk that involved implementing the wrong strategy which could lead to decreased profit
<u>- Procedural</u>
Risk that involved Unproductive behaviors or Frauds conducted within the company territory
<u> - safety</u>
This include protection both physical and emotional safety . Such as making sure that no abuse occurred to the employees, non-dangerous work environment, usage of safe materials, etc
Answer:
Loss on sale of delivery equipment = $3,700
Explanation:
The following journal entry to record the exchange for Sheridan’s Delivery Company.
Delivery equipment debit (fair value) $2,800
Loss on sale of delivery equipment debit $37,00 (Note - 1)
Accumulated depreciation debit $15,000
Delivery equipment (original cost) credit $21,500
Note: Calculation: Loss on sale of delivery equipment = cost price of delivery equipment - accumulated depreciation - disposal of delivery equipment.
Loss on sale of delivery equipment = $21,500 - $15,000 - $2,800.
Loss on sale of delivery equipment = $21,500 - $17,800
Loss on sale of delivery equipment = $3,700
Answer: what the hel is this my brain is starting to hurt
Explanation: