subject
Business, 06.12.2021 22:00 rupanti19p4sqpj

Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. In year one, the basket costs $9.00. In year two, the price of the same basket is $8.00. From year one to year two, there is (deflation/inflation) at an annual rate of . In year one, $72.00 will buy baskets, and in year two, $72.00 will buy baskets. This example illustrates that, as the price level falls, the value of money (rises/falls/remains the same ).

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 21:10
You own a nonunion company with 93 nonexempt employees. all of these employ- ees pack books into boxes for shipment to customers throughout the united states. because of wide differences in performance, you have decided to try performance appraisal, something never done before. until now, you have given every worker the same size increase. now you want to measure performance and reward the best performers with bigger increases. without any further information, which of the five types of appraisal formats do you think would be most appropriate? justify your answer. do you anticipate any complaints, or other comments, from employees after you implement your new system?
Answers: 1
question
Business, 22.06.2019 22:30
Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice
Answers: 1
question
Business, 22.06.2019 23:30
What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.
Answers: 1
question
Business, 22.06.2019 23:30
Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition
Answers: 3
You know the right answer?
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing on...
Questions
question
Social Studies, 14.10.2019 18:40
question
Geography, 14.10.2019 18:40
question
English, 14.10.2019 18:40
question
Geography, 14.10.2019 18:40
question
History, 14.10.2019 18:40
question
Social Studies, 14.10.2019 18:40
Questions on the website: 13722366