2. How does inflation affect the economy?​

Answers

Answer 1

The obvious consequence of high inflation is that it makes it more difficult for people to afford basic necessities like batteries and light bulbs. This causes families to struggle as they attempt to keep up with the price of everything from cornflakes to college tuition. With many negative effects resulting from high inflation, that doesn't automatically mean that low inflation is positive for an economy. Low inflation can have a number of negative effects on the economy.Signals economic weakness, limits impact of monetary policy, buffer for deflation is small, Puts pressure on the financial system are the affect of inflation.

Answer 2

When prices for energy, food, commodities, and other goods and services rise, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate, and government bond yields, and every other facet of the economy.


Related Questions

3. Mark each of the following statements, regarding the WTO, as true or false. If false, correct the statement. a. ______ The WTO was formed by countries that conduct the majority of international trade. b. ______ The WTO seeks to increase import quotas and reduce import and export tariffs. c. ______ The WTO seeks to eliminate restrictions on the flow of money between countries. d. ______ Though it can hear accusations, the WTO cannot order remedies

Answers

Answer:

a. True.

b. False.

c. True.

d. False.

Explanation:

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It is an international economic organizations that is involved in fostering global economy and trade between countries.

a. True: The WTO was formed by countries that conduct the majority of international trade.

b. False: The WTO seeks to increase import quotas and reduce import and export tariffs. Actually, WTO seeks to eliminate or reduce import quotas and reduce import and export tariffs.

c. True: The WTO seeks to eliminate restrictions on the flow of money between countries.

d. False: Though it can hear accusations, the WTO cannot order remedies. Actually, WTO can both hear accusations and order remedies.

How do job seekers use the bureau of labor statistics occupational outlook handbook

Answers

Answer:

They explore general information about many types of jobs.

Explanation:

Job seekers use the Bureau of labor statistics occupational outlook handbook in order to gain information about the various jobs available.

What is the Bureau of labor statistics?

A federal organization within the United States Department of Labour that collects, analyses, and publishes labor market data in the United States is recognized as The Bureau of Labour Statistics (BLS) which plays a crucial role in industry governance.

The Bureau of Labour Statistics is responsible to published the Occupational Outlook Handbook (OOH) published which is a great resource for job seekers seeking information on various jobs and industries.

This section contains thorough information on the education and training needs for various vocations, as well as any extra qualifications required for success in the sector.

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The impact of discrimination behaviour to an individual ​

Answers

Answer:

Discrimination affects people's opportunities, their well-being, and their sense of agency. Persistent exposure to discrimination can lead individuals to internalize the prejudice or stigma that is directed against them, manifesting in shame, low self-esteem, fear and stress, as well as poor health.

Explanation:

1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, numerous orders have to be reworked. The average cost of the reworked orders is $12.45: $5 for labor, $5.15 for more materials, and $2.30 for overhead. This ratio of costs holds for the average original order. On a recent day, the shop reworked 80 orders out of 800. The original cost of the 80 orders totaled $2,000. The average cost of all orders is $26.245, including rework, with an average selling price of $35. Required: Prepare the necessary journal entry to record the rework for the day if the shop charges such activities to Robo Department Overhead Control. Prepare journal entries to record all relevant rework charges as well as to transfer the reworked items finished goods to Finished Goods Inventory.

Answers

Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts                                                              Dr                                        Cr

Robo Department Overhead Control              996

Materials Control [tex](80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 412[/tex]

Wages Payable  [tex](80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400[/tex]

Shop overhead control[tex](80\times 2.30) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 184[/tex]

Finished Goods                                                  [tex]2000[/tex]

Work in process control                                                                             [tex]2000[/tex]

Why is inflation considered an economic problem? please refrain from irrelevant answers.

Answers

Answer: it is an economic problem because it is the devaluation of currency. Meaning that money is worth less than what it was before. (prices will go up

but wages will stay the same)

Explanation:

Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

G Brown has the following items in her balance sheet as on 30 April 20X8: Capital £18,400;

Creditors £2,100; Fixtures £2,800; Car £3,900; Stock of goods £4,550; Debtors £2,780; Cash at bank

£6,250; Cash in hand £220.

During the first week of May 20X8

(a) She bought extra stock for goods £400 on credit.

(b) One of the debtors paid her £920 by cheque.

(c) She bought a computer by cheque £850.​

Answers

Answer:

b

Explanation:

1. A fee that occurs every year

Answers

Taxes is the answer

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Annual fee

Henry wrote 24 checks in April. The bank charges $0.15 a check.
The monthly service charge for the checking account is $5. What
is the total of the fees Henry pays in April on his checking
account?

Answers

Answer: $8.60

Explanation:

Since Henry wrote 24 checks in April and the bank charges $0.15 a check, the amount paid on the check will be:

= 24 × $0.15

= $3.60

Furthermore, since the monthly service charge for the checking account is $5, the total of the fees Henry pays in April on his checking account will be:

= $5 + $3.60

= $8.60

Therefore, the total amount that Henry will pay will be $8.60.

F ZMW 51,000 cash is paid to buy land, the land is reported on the buyer's balance sheet at ZMW 51,000.

Answers

Answer:

This is made due to the application of the cost principle or historical cost concept.

Explanation:

The cost principle or historical cost concept states that the assets, equities, and liabilities are required to be recorded on the financial records on the basis of their original cost. Thus as the cash paid is ZMW 51,000, the same is required to be recorded on the balance sheet of the buyer.

Which of the following best describes a push strategy? Group of answer choices Manufacturer builds strong consumer demand for a product to force members to automatically promote the manufacturer’s product because it is in their obvious self-interest to do so. Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support. Manufacturers use the push strategy to secure distributor cooperation by "pushing" their products through the channel. Manufacturers’ push strategies can be effective, however, they are limited in their ability to secure strong distributor support. Unlike the pull strategy, the push strategy requires indirect involvement from the distributor.

Answers

Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

Explanation:

In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.

Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due to his extensive experience and legal background, he believes that his fees should not relate directly to the time or effort spent on specific cases. Now that Malcolm has chosen the pricing strategy he wants to use, what is his next step

Answers

Answer:

determining the final price

Explanation:

In the given scenario Malcolm wants to use a pricing strategy that relies on his extensive experience and legal background rather than on time or effort spent on cases.

So he is promoting a higher quality of legal representation compared to other firms.

The next step in his pricing strategy will be to set the final price he wants to.offer his services.

This should be done by taking note of other law firms operating in the same community. A price that is too high will drive customers to competitors.

McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17

Answers

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as its allowance for doubtful accounts is shown below

= Ending balance of account receivable × uncollectible percentage

= $960,000 × 0.05

= $48,000

hence, the  amount that should be reported as its allowance for doubtful accounts is $48,000

The above formula should be applied

Using two examples of the fight against institutional racism that were described in this lesson, evaluate how successful they have been.

Answers

Answer:

Speak out publicly against racismSeek knowledge about the black cause to defend anti-racism

Explanation:

Institutional racism is that which is affirmed through racist social structures that were historically constructed through the slavery of blacks and whose discrimination persists until today. We all know how illegal and unethical it is to have racist attitudes, and this is a problem that often goes unnoticed in society because certain behaviors are already declared normal in society, such as the marginalization of blacks, who according to research have lower wages and lower chances of professional advancement compared to white people.

It is the duty of every citizen to support the anti-racist movement, deepening in studies that help to understand how society has become separatist and to recognize how the black community has suffered and still suffers from prejudice, and thus to actively position itself as an advocate of anti- racism, becoming aware and seeking to make people aware of the importance of building a more just and equal society for all, where everyone is respected and has the same conditions to have a good life regardless of their color.

A 60-day note receivable dated June 17 has a maturity date of

Answers

Answer:

the maturity date is August 12

Explanation:

The computation of the maturity date of 60 day note receivable dated on June 17 is as follows

Here we have to determine the 60 days from June 17

So in June, the remaining days left would be = (30 - 17) = 13

31 days in July

And, the rest of the days i.e. 12 days in August

So, the maturity date is August 12

Hence, the same would be considered

and, the same is relevant

You have learned about a noncash expense in a previous lesson, what was it? HINT: it relates to the company's use of its equipment

Answers

Answer:

Non cash expenses are the charges incurred by a company that educes the earnings and not the cash flows of a company.

Explanation:

A non-cash charge is defined as the accounting expenses or the write down expenses which does not involve a cash payment. The depletion, depreciation, stock-based compensation, amortization and the asset impairments are the common non cash charges which reduces the earnings but not the cash flows.

Non-cash expenses relates to he use of a company's equipment and tools which is used to run the company and which encounters depreciation and a degradation in its value or cost. Thus they are considered as the non cash expenses of a company.

Carl's monthly take-home pay is $2,000 and his monthly rent is $500 if both his monthly take-home pay in his rent increase $100 what percentage of Carl's take-h...

Answers

Answer: 28.6%

Explanation:

John Park lives in Anytown, Missouri. He rents an apartment on Broad Street. He has one credit card with National Bank. He pays the balance on this every month, and he always stays within his $400 spending budget. In addition, he has one student loan, which he defers, since he is a full-time student. He has recently applied for a job at Happy Hamburgers.

Based on John’s profile, what information should he expect to find on his credit report? Check all that apply.

1. inquiries from his lenders, the apartment complex, and Happy Hamburgers
2. a note about delinquency from National Bank
3. a current account for his student loan
4. a current account with National Bank
5. a current account with Happy Hamburgers

Answers

Answer:

its 1,3,4,6

Explanation:

just told me on edg

Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment

Answers

Answer:

Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.

Explanation:

Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.

Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :

build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.

Four Ways through which Schools can promote Entrepreneurship include the following

Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.

What is Entrepreneurship ?

Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.

Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.

Entrepreneurship brings about creativity and as such value is created which leads to more wealth.

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True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
each year.
a) True
b) False

Answers

Answer:

Its false

Explanation:

because when I clicked true I got it wrong.

It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.

What is an employer-sponsored retirement plan?

An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.

On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.

In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.

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Which of the following statements best expresses how courts treat legal
rules?
A. The court knows that the rules often contradict one another and
must not be taken too strictly.
B. Legal rules must always be upheld to the letter without exception
if law and order are to be maintained.
C. Rules are not important in matters of law because the spirit of
justice is what matters.
D. Rules often allow for exceptions based on the unique set of
circumstances of each case.

Answers

Answer:

B. Legal rules must always be upheld to the letter without exception if law and order are to be maintained.

Explanation:

I only just guessed but I hope this helped u.

Answer:

D. Rules often allow for exceptions based on the unique set of circumstances of each case

Explanation:

a p e x

What are the four main reasons some skills are in higher demand than others

Answers

Answer: 1) Because of their demand 2) Wealth can be easily gotten through them 3) Improved solution 4) Tendencies that they would be needed for a long time

Explanation:

Some jobs are of a higher demand than others, the following explains why it is so

1) Demand; the world is changing and there is demand for certain fields today than before, new trends are replacing the existing ones, this now places a higher need for some skills than others.

2) Wealth easily generated; based on the demand for this new set of skills and job, there would be a high buying and selling within this region thereby creating wealth for those involved easily than existing skills

3) Improved solution; these high demand jobs have created better ways to solve problems than the existing method, this makes them have value than other methods applied before

4) Duration; there are tendencies that they would be sustainable for a long period of time, this makes them highly demanded

Each pail of plaster covers 97 square feet of ceiling. How many pails of plaster would you need to buy to cover the ceiling of a room with walls 14 feet long?

Answers

Answer:

2.02

Explanation:

Each pail of plaster covers 97 Square feet of ceiling

The ceiling of the room is 14 ft long

= 14×14

= 196

Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows

= 196/97

= 2.02

why were trade unions established​

Answers

<3<3<3<3<3<3<3<3<3<3<3<33<3<3<3<3<3<3<3<3<3<3

Answer:

Labor unions were created in order to help the workers with work-related difficulties such as low pay, unsafe or unsanitary working conditions, long hours, and other situations. ... Sometimes the unions organized strikes in order to try to change the conditions of the workers. Early strikes were rarely successful.

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Answer:

they didn't have great work conditions

Explanation:

A memo is a copy of a document transmitted via phone line using a facsimile machine.

True

False

Answers

Answer:

Yes, it is very true: I don't know just trying

pleaseeeee help meeeee

Answers

Answer:

Passport

Annual finance charge =$450

Total annual cost =  $2970

Traveller

Annual finance charge  = $425

Total annual cost =  $2945

Explorer

Annual finance charge =$400

Total annual cost = $2950

The travellers card is the best

Explanation:

Passport

Annual finance charge = 18% x 2500 = $450

Total annual cost = $2500 + 450 + 20 = 2970

Traveller

Annual finance charge = 17% x 2500 = $425

Total annual cost = $2500 + 425 + 20 = 2945

Explorer

Annual finance charge = 16% x 2500 = $400

Total annual cost = $2500 +  $400 + $50 = 2950

The traveller is the best for a consumer because it has the lowest cost

Which of the following best helps a company move toward achieving its
vision and mission?
A. Goals and objectives
B. Competitors and stakeholders
C. Activist investors
D. Corporate social responsibility

Answers

Answer:

A. Goals and objectives

Explanation:

Setting Goals and objectives sets you in a position to succeed. Doing this makes you organized and ready to face any challenges that you might face in order to achieve thos goals.

Write two sentences that explain what this evidence tells you about Manjiro’s culture.

Answers

Manjiro presents a sword and short knife to his friend. The way that he and his friend talk about them show that they are important in Japanese culture.

mark me brainlist plz

Answer: (sample)

Manjiro presents a sword and short knife to his friend. The way that he and his friend talk about them show that they are important in Japanese culture.

Explanation:

2 x (3a-b) - 3y(b-3a)​

Answers

Answer:

6ax+9ay−2bx−3by

Explanation:

2x(3a−b)−3y(b−3a)

Distribute:

=(2x)(3a)+(2x)(−b)+9ay+−3by

=6ax+−2bx+9ay+−3by

On March 1, Sara, a student, received a telephone call from ComputerChip, Inc. offering her a job for one year beginning on June 15, after completion of the school year. According to the personnel manager, she will have to move to California and be ready to start work at 8:00 a.m. on June 15. Should Sara ask for a letter confirming the telephone conversation if she accepts the offer immediately

Answers

Answer:

Yes, because the job offer is for longer than one year from March 1

Explanation:

Since in the question it is mentioned that Sara who is a student have offered a job on March 1 that begins on June 15 and she have to move to california for the job. So here the Sara  would ask the letter in the case when she accepted the offer immediately as the job offer would be more than one year i.e. from March 1

Therefore the above represent the answer

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