Why are mixed economies usually more successful?

Answers

Answer 1

A mixed economy allows for private production involvement, which in turn encourages proper competition that can generate income.

What exactly does competition mean?

When two or more individuals engage in competition, they are engaged in a conflict where one party seeks to obtain an advantage at the expense of the other . Competition may develop between several types of entities, including biology, people, economic and social organizations, etc.

Why does competition exist?

When two species depend on the same scarce resource, competition results because the presence of other species reduces the resource's availability to one species.

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Related Questions

____________________ pays health-care providers a fixed monthly fee for a range of services for each HMO member in their care.

Answers

Capitation  pays health-care providers a fixed monthly fee for a range of services for each HMO member in their care.

A type of health insurance plan that, in most situations, restricts coverage to medical services provided by staff members of the HMO or staff members with whom it has a contract. Unless it is urgent, out-of-network care is frequently not covered. You might need to reside or work within an HMO's service region to qualify for coverage.

Preventive care and general patient welfare are given top priority by a health maintenance organization, which also aims to keep costs low for its members by only covering in-network providers and facilities.

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Ronda is a college professor who earns an annual salary of $55,000 (paid biweekly). She performs an additional function as a tutor in the student center, for which she receives $21.83 per hour. During a biweekly pay period, Ronda worked 7.5 hours in the student center. What is her gross pay for the period

Answers

During a biweekly pay period, Ronda worked 7.5 hours in the student center. Her gross pay for the period will be  $2279.11. Hence, option (a) will be considered correct.

What is gross pay?

The total amount an employee receives before taxes and other deductions is known as their gross pay. For instance, if your employer pays you a salary of $40,000 per year, that represents a gross wage of $40,000. The biggest amount you see on your pay statement is frequently your gross salary. Based on the agreed-upon compensation or hourly rate, it represents the total sum that your employer pays you. When you work 30 hours in a pay period and your employer agrees to pay you $15 per hour, your gross income comes to $450. In essence, gross pay is the amount you receive before any deductions are made from it. Your real paycheck, or net pay, is the sum remaining after all withholdings have been made.

To solve the question :

Calculation of Gross Pay of Rhonda :

Salary for the biweekly Period = 2115.38 (55000 / 26)

Fees = 163.73 (21.83 × 7.5)

Gross Pay = $2279.11

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The complete question is mentioned below :

Ronda is a college professor who earns an annual salary of $55,000. She performs an additional function as a tuition teacher in the student center, for which she receives $21.83 per hour. During a biweekly pay period, Ronda worked 7.5 hours in the student center. What is her gross pay for the period? (Do not round intermediate calculations. Round final answer to 2 decimal places.) Multiple Choice

a.$2,279.11

b.$2,115.38

c.$2,455.39

d.$2291.67

The number of new buinee that opened ha been the ame or over the number that have cloed. Talk about a couple of reaon you think people continue to tart buinee even though the lat few year have been difficult with the hut down, upply chain problem, and runaway inflation

Answers

The reasons new business keeps on opening even during difficult economic times are opportunities for potential financial gain, desire for self-employment, and passion for business.

People may continue to start new businesses during difficult economic times for several reasons. They may see it as an opportunity for financial gain, desire for self-employment, changing consumer trends, or pursuing a unique idea or passion. The COVID-19 pandemic has led to many people losing their jobs, driving them to start their own business as a way to gain stability and control over their careers. Additionally, businesses that cater to the new market needs like e-commerce and logistics may have higher chances of success. Entrepreneurs may also see a gap in the market or a new opportunity that they believe they can capitalize on.

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Your question seems to be missing, but I assume the complete question was:

"The number of new business that opened has been the same or over the number that have closed. Talk about a couple of reasons you think people continue to start business even though the last few year have been difficult with the shut down, supply chain problem, and runaway inflation."

What is an example of short-term borrowing?

Answers

Examples of short-term borrowing include taking out a bank loan, using a credit card, or utilizing a line of credit.

Short-term borrowing is a method of financing that involves borrowing money for a short period of time, typically up to a year.

It is often used to cover operational costs, purchase inventory, or fund other expenses that are expected to be repaid within a relatively short timeframe.

Short-term borrowing can be used to finance investments, cover operational costs, or manage cash flow.

It is typically easier to obtain than long-term financing, as the repayment period is shorter and the lender is taking on less risk. However, short-term borrowing often carries higher interest rates than long-term loans.

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Which legislation holds current owners responsible for environmental violations committed by previous owners

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legislation holds current owners responsible for environmental violations committed by previous owners the National environmental Policy Act.

Legislation is often submitted by a legislator (such as a member of Congress or the Parliament) or the executive branch, after which it is reviewed and frequently amended before being passed. Only a small portion of the proposals introduced during a session are actually passed in the majority of large legislatures. The government's legislative goals typically determine whether a measure is introduced.One of the three primary responsibilities of government, often distinguished in accordance with the idea of the separation of powers, is passing legislation. Legislators are those with the formal authority to enact laws; this authority will typically rest with an executive branch agency (see statutory interpretation).

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a. Real GDP presents a dollar amount adjusted for inflation. b. The income approach to GDP includes consumer expenditures. c. The expenditure approach to GDP includes disposable income.

Answers

According to question, the GDP price deflator (index) is calculated by dividing this year's market basket price by the base year's market basket price .

Adjustments for changes in inflation are included in real GDP. This implies that real GDP will be lower than nominal GDP in an inflationary environment and vice versa. Positive inflation leads to a significant nominal GDP inflation without a real GDP correction.

The total value of all goods produced in a nation in a year is measured by both the nominal gross domestic product (GDP) and the real GDP. In contrast to nominal GDP, real GDP is adjusted for inflation. Real GDP is nominal GDP that has been inflation-adjusted. Real GDP is used to measure the growth in production as it actually occurs, free from the impacts of inflation.

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The correct question is :

The GDP price deflator (index) is calculated by dividing:

a) the real GDP by the nominal GDP

b) this year's market basket price by the base year's market basket price

c) national income by the inflation rate

d) income-approach GDP by expenditure-approach GDP

e) private sector expenditures by public sector expenditures

What are the 4 simple rules for budgeting?

Answers

Four simple rules for budgeting is: Calculate your earnings, pay your bills on time track your expenses, set financial goals and review your progress.

Finding out how much money you have coming in each month is the first step in making a budget. Make a spreadsheet that includes a list of every purchase you made last month along with the cost of each item. This covers any other variable costs, such as your gym membership or streaming services, in addition to the obligatory fixed payments, such as rent and bills. Make a list of all the financial objectives you want to achieve in the short and long terms before you begin sorting through the data you have tracked. Check in at the end of each month to see how you did. It's time to shake things up if you went over budget.

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The price of pizza at the county fair increases. What is the impact on hamburgers at the county fair

Answers

Since pizza and hamburgers are comparable products, the price reduction of fast-food hamburgers will result in less demand for pizza.

the price that must be paid in order to purchase a specific product. Price is also a measure of value inasmuch as the sum of money people are willing to spend on a commodity symbolises its worth. According to the theory of prices, which is a branch of economics, the link between an item or service's supply and demand determines how much it costs. The price at which potential buyers may fairly consume all of the available goods is known as the optimal market price. The sum of money paid or the amount of compensation offered by one party to another in exchange for products or services is known as a price. The cost of manufacturing might take on numerous names depending on the circumstance.

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Many people use mobile apps and online software to manage and create personalized budgets. Suppose your task is to develop an online tool for personal budgeting. What information would be included or entered

Answers

The common information of the budget software are:

Income FlowAccount detailsNameFrequent billsBudgetExpense

From the inquiry, we comprehend that the utilization of the product is to oversee and make customized budget

The normal data of most  budget software are:

Pay Stream

Account subtleties

Name

Continuous bills

Financial plan

Cost

There are a few other data, but the above addresses the normal data the device would have.

rom the inquiry, we comprehend that the utilization of the product is to oversee and make customized spending plans

The normal elements of most  budget software are:

Custom reports

Make financial plan

Cost following

Spending limit

Cautions (SMS as well as Email)

Bills installments

Needs and Needs

Monetary status

There are a few different highlights, but the above addresses the kinds of elements the device would have

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Which of the following are disadvantages of the limited partnership form of a direct participation program?
Size limitations
Illiquidity
Lack of a management voice for limited partners
A)
I and II
B)
I only
C)
II only
D)
II and III

Answers

The disadvantages of the limited partnership form of a direct participation program are illiquitidy and lack of management voice for limited partners (D).

Limited partnership is a type of business partnership agreement made up by 2 or more partners. In limited partnership, there are 2 kinds of partners, general partner and limited partner. General partner refers to one or more owners who have full responsibility to manage the partnership  and have unlimited personal liablity. Limited partner refers to another kind of owner with who is simply investing to the business and ensuring the flow of revenue.

General partner has full management control, meanwhile limited partners only have limited control in the management.

The ownership of limited partnership is harder to transfer since the shareholer's interest is not freely transferable. This makes limited partnership has low liquidity. Changes in management roles in limited partnership is not flexible since it would be related to the personal liability responsibility and protection.

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What do you mean by renewable and non-renewable resources and give one example for each?

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Renewable resources are resources that can be replenished naturally, such as solar energy, wind energy, and water. Non-renewable resources are resources that cannot be replenished, such as fossil fuels and minerals.

What is Renewable resources?

Renewable resources are naturally replenishing resources that can be used in a sustainable manner. Examples of renewable resources include solar energy, wind energy, biomass, geothermal energy, and hydropower. Renewable resources are often seen as a clean and environmentally friendly source of energy.

Examples of renewable resources include solar energy, wind energy, and water. Examples of non-renewable resources include oil, coal, and natural gas.

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How do banks make money from the loans they give?

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The annual interest that banks charge on the money they borrow from consumers. The banks lend out the borrowed cash to individuals while earning interest each year.

Why do banks create money when they make loans?

Their source of income is what they refer to as the spread, which is the difference between the interest rates they pay on deposits and the interest rates they get on loans they make. They receive interest payments on the securities they own.

People who lend money to banks are paid interest every year. The banks gain annual interest for lending out the borrowed money to individuals. The interest on that loan should be greater than the interest on the borrowing.

Since all modern money is simply credit, banks are able to literally generate money out of thin air by issuing loans. This misunderstanding might have its roots in the ostensibly miraculous simultaneous creation of entries on both the liability and asset sides of a bank's balance sheet whenever it initiates a new loan.

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costs that the manager does not have the power to determine or at least significantly affect are:

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Costs that the manager does not have the power to determine or at least significantly affect are: Indirect costs.

The top or senior layer of manager which is a smaller group that also comprises non-executive, executive, and independent members on the board of directors, is made up of the president, vice-president, CEOs, and other C-level executives. The chief technology officer, chief financial officer, and other executives are among the members of the C-suite. They are in charge of leading and managing all business operations at the corporate level. They set the overall direction of the organization, establish the "tone at the top," and make corporate regulations. Top-level managers are also essential for organizing the usage of external resources. Senior executives have obligations to shareholders, the general public, and organizations that oversee businesses.

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The core benefit of Learning Relationship for an enterprise is: Group of answer choices increased product innovation greater customer loyalty greater profit margins all of the above

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The core benefit of learning relationships for an enterprise is increased product innovation, greater customer loyalty and greater profit margins

A core benefit proposition describes what a consumer could think is the advantage of buying a new product over one from a competition. Market forces in some instances decide the primary benefit. It is a claim made by a firm that discusses the primary and most significant benefit that a consumer will receive from using that product.

By analyzing consumer wants and preferences, a thorough grasp of customer interactions can promote enhanced product innovation. By encouraging trust and meeting expectations, it can also result in stronger consumer loyalty. By keeping clients and boosting sales through targeted marketing and upselling, it can also lead to higher profit margins.

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A production line is to be designed for a job with three tasks. The task times are .3 minutes, 1.4 minutes, and .7 minutes. For a single production line with no parallel activities, the minimum cycle time in minutes is:

Answers

A production line needs to be planned. The three occupations each have a stated task time of 0.3, 1.4, and 0.7 minutes.

The shortest cycle time equals 1.4 minutes for the longest task.

Which type of production are you referring to?

Production is the process of combining various actual and immaterial inputs to create output. In an ideal scenario, this yield would be a good or valuable product or service.

What does production serve to produce?

The purpose of industry is to meet the demand for such converted resources. according to the definition of production as the organized activity of changing resources become finished products inside this form of services or goods.

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Discuss the differences between the internal and external leadership roles surrounding self-managed work teams.

Answers

The exterior leadership function surrounds the team as a whole, whereas the internal leadership role surrounds each member of the self-managed work team.

Why is leadership so important in business?

Business leadership is the capacity of an organization's management to set and achieve challenging objectives, act quickly and decisively when called upon, outperform the competition, and inspire staff to give their all in every task.

Why is leadership so important in business?

Effective leadership at work can promote and support teamwork, build a sense of the greater good, arouse motivation and trust, or provide purpose and direction. They are crucial traits to possess because a competent leader can inspire his or her team to work together toward a common objective by bringing out the best qualities in each person. In order to prevent delays, a skilled leader keeps the group engaged and on task.

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AOL, Qwest Corporation, and Bristol-Myers Squibb were examples of what accounting gimmick or issue in the accounting scandal craze of the early 2000s?
a. Inflated sales or revenues
b. Illegal payments
c. Round trip trades
d. Understated earnings
e. Conflict of interest

Answers

A - AOL, Qwest Corporation, and Bristol-Myers Squibb were examples of Inflated sales or revenues.

During the accounting scandal craze of the early 2000s, some companies resorted to accounting gimmicks in order to manipulate their financial statements. One of the most common techniques was inflating sales or revenues, which involved recording revenues that had not actually been earned.

For example, AOL, Qwest Corporation, and Bristol-Myers Squibb were found to have inflated their sales or revenues by improperly recognizing revenue from sales that had not yet been completed. This allowed them to report higher sales figures than actually existed, which made their financial statements look more favorable to investors and other stakeholders.

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If the major airline companies colluded to make consumers pay an additional $50 to be able to carry on luggage, this would be an example of ______

Answers

This would be an example of price fixing. A price fixing agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilise prices or price levels is referred to as a price fixing agreement.

Horizontal price fixing occurs when competitors agree to raise, lower, or stabilise their prices. For example, a horizontal agreement between two competing fast-food chains that sell hamburgers on the retail price of cheeseburgers is illegal under antitrust laws. Price fixing violates the basic laws of demand and competitors. It provides monopolies with an advantage over competitors. It is not in the best interests of the customers. They raise customer prices, reduce incentives to innovate, and raise entry barriers.

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What is the force that encourages people and organizations to improve their material well being?

Answers

The profit motive encourages people and organizations to improve their material well-being.

That's the argument why people bring about, to make a living and every day a much better way of living, that's the reason for Companies to live, to make a gain. That's why Capitalism is the most profitable system in North America, to allows people to make earnings doing business.

People work to hold substantial effects and deliver money to do numerous conditioning and the companies need to be profitable to repay their plutocrats to investors and possessors. So it's accurate to articulate that The item that describes the force that encourages people and associations to ameliorate material well-being is the profit motive.

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A service firm that takes care of all of the logistics requirements for other companies is a: O freight forwarder O contract carrier
O common carrier O third party logistics provider

Answers

O third party logistics provider.A service firm that takes care of all of the logistics requirements for other companies is called a third party logistics provider (3PL).

A 3PL firm provides outsourcing services for various logistics functions such as transportation, warehousing, and distribution to other companies. They can also provide additional services like inventory management, order fulfillment, and even packaging. Freight forwarders and contract carriers are also logistics service providers but they are not the same as 3PL. Freight forwarders arrange the transportation of goods and contract carriers provide transportation services under a contract. Common carrier is a type of transportation provider that offers services to the public and is regulated by the government.

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Which of the following costs generally can be traced directly to units of product?
a. Indirect materials and assembly labor
b. Assembly labor
c. Indirect materials
d. Overhead costs

Answers

(b) Assembly labor is generally a cost that can be traced directly to units of product.

This is because assembly labor is a direct cost, which means it is directly associated with the production of a specific product or group of products. The cost of assembly labor can be traced to specific units of product by calculating the amount of labor required to produce each unit. Indirect materials and overhead costs, such as indirect materials and overhead costs, are not directly associated with the production of specific products. They are indirect costs, which means they are incurred in the production process but cannot be traced directly to specific units of product. They are typically allocated to products based on a cost driver such as machine hours, direct labor hours, or production output.

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What is the goal of marketing ?

Answers

Increasing brand exposure, spurring sales growth, generating leads, and cultivating loyalty are the four main objectives of marketing.

1. Increasing Brand Awareness: The main objective of increasing brand awareness is to increase client recognition of a product or service so that they will consider the business providing it when they are seeking for a certain item. Additionally, it contributes to the development of customer and business loyalty and trust.

2. Increasing Sales: Increasing Sales is the objective of promoting Sales Growth. To encourage more people to buy their goods or services, businesses employ a variety of strategies, including promotions, discounts, and marketing campaigns.

3. Lead generation: Finding potential clients who could be interested in a company's products and services is known as lead generation. Businesses employ a variety of strategies to generate leads, including social media marketing, email advertising, and search engine optimization.

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a.) A bond is initially bought for $250. It doubles in value every decade. How many decades does it take before the bond is worth more than $10,000

Answers

The correct answer is It will take 6 decades does it take before the bond is worth more than $10,000.

Monthly interest is accumulated and compounded every two years. BONDS OF SERIES I ISSUED IN SEPTEMBER 1998 AND SUBSEQUENTLY All Series I bonds mature 30 years after issuance.

Bond valuation formula: Price=(Coupon1+(1+r)nr)+Par Value(1+r)n) Price = (1 + r) n + (Coupon n) n Par Value;

We simply need to determine the current value of the face value in order to determine the value of a zero-coupon bond. Using the previous example as a guide, a bond with a face value of $1,000, a yield to maturity of 3%, and a maturity date of 2 years would be worth $1,000 / (1.03), or $942.59.

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Suppose the store wants to earn a daily profit of $150 from the sale of soccer balls. To earn this profit, what price should the store charge for each soccer ball

Answers

Each soccer ball should cost either x = 4.532 or x = 12.134.

How to calculate correct price?

Simply said, profit is total revenue less total costs. It reveals how much your company made after expenses.

Soccer ball profit

[tex]y=-6x^2 + 100x\ -180[/tex]

Profit required = 150

Formula:

The quadratic equation's quadratic formula is -

[tex]x=\frac{-b+-\sqrt{b^2-4ac} }{2a}[/tex]

In this scenario, $150 in daily earnings is needed.

then Y = 150 in the equation then,

150 = -6x^2 + 100x – 180

Taking 150 to L.H.S. and fliping the sign:

0 = 6x2+100x-180-150

0 = 6x2+100x+330

Solving the new quadratic equation:

[tex]x=\frac{-(-100)+-\sqrt{(-100)^2-4(6)(330)} }{2(6)}[/tex]

[tex]x=\frac{100+-\sqrt{10000-7920} }{12}[/tex]

[tex]x=\frac{100+-\sqrt{x} 2080}{12}[/tex]

Simplifying the radical:

[tex]x=\frac{100+-4\sqrt{130}}{12}[/tex]

[tex]x=\frac{4(25+-\sqrt{130} }{12}[/tex]

[tex]x=\frac{25+-\sqrt{130}}{3}[/tex]

which becomes

x = 4.532

x = 12.134

Consequently, the appropriate cost for each soccer ball would be:

x = 4.532 or  x = 12.134

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The full question is,

Suppose the store wants to earn a daily profit of $150 from the sale of soccer balls. to earn this profit, what price should the store charge for each soccer ball? explain how to solve this problem.

Why does the demand line for the individual firm in perfect competition also equal the marginal revenue

Answers

It is so because no company can influence the market price; as a result, the market price is the additional revenue brought in by producing an additional unit. As a result, each firm encounters a completely elastic demand curve.

Why does demand in a market with perfect competition equal marginal profit?

No matter how many units are sold, the market price is always added to the total income, therefore in a completely competitive market, price always equals marginal revenue.

In an ideal market, does demand equal marginal revenue?

As a result, the pricing for each sold unit will remain the same. The marginal revenue that the company earns is the difference in total revenue from selling one additional unit at the same market price.

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which phrase best completes the diagram?

Answers

low gross domestic product

In a fully developed use case description, the flow of activities is most similar to what? a. An activity diagram b. A class diagram

Answers

In a fully developed use case description, the flow of activities is most similar to An activity diagram.

The correct option is A.

Activity diagrams demonstrate the coordination of several layers of activity abstraction necessary to deliver a service. Usually, a few operations are required to complete an event, especially when those operations must coordinate numerous separate tasks. How the events in a single use case interact to one another is another frequent need, particularly in use cases where activities may overlap and require coordination. Additionally, it may be used to show how several related use cases work together to represent company activities. The term "object-oriented flowchart" is another term for an activity diagram. Activity diagrams can be used to identify activities that are made up of smaller acts. An activity is a behaviour that may be divided into one or more actions.

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Yall what do u think my Artist's name should be?

Answers

Answer: whatever you think would stick

Explanation:I honestly think ayana is really pretty and if it were up to me I would go with that.

DEPENDS WHAT YOU DO AS AN ARTIST.....do you rap, sing, or do you paint or sum shi.t??? cuz if you rap then we should colab man like fr fr but i think your name should be LEEKY BANDZ....maybe i think......mine was LEEKY BANDZ but ii changed it to Sadboy Junior..you already know what i rap about.

If a 5% increase in price leads to an 8% decrease in quantity demanded, demand is a. perfectly elastic b. elastic c. unit elastic d. inelastic e. perfectly inelastic

Answers

If a price increase of 5% causes the desired amount to decrease by 8%, the demand is elastic.

What is another word increase?

Augment, enlarge, and multiply are a few typical synonyms for the word increase. While all of these verbs have the same basic meaning of "to make or become greater," the term "increase" has a few different meanings depending on how it is employed. When used transitively, it might denote simple addition rather than necessarily gradual expansion in size, amount, or intensity. something that is increased (as in size, number, or amount) from the initial stock or amount, such as offspring, produce, or profit: INCREASING

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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

Which statement describes the effect of inflation on purchasing power?

A. As the rate of inflation remains constant, purchasing power increases.

B. As the rate of inflation remains constant, purchasing power stays the same.

C. As the rate of inflation increases, purchasing power increases.

D. As the rate of inflation increases, purchasing power decreases.

Answers

Answer:

D

Explanation:

So, lets go over what inflation and purchasing power mean.

Inflation is the increase in money of something.

Purchasing power is a persons ability of pruchasing something.

Now, heres an example. A 300 dollar apple phone was quickly being purchased, and apple infalted the price to 600 dollars. Since people can only afford to purchase so much, some might not be able to afford this. This means not as many people can purchase it.

Since the price was raised, this measn the inflaction was increased.

Since the amount of people that could afford the apple phone shrunk, the purchasing power decreased.

So basically, to summarize this:

As the infaltion of an item is increased, the purchasing power is decreased, for less people can afford the higher price.

Answer:

D - As the rate of inflation increases, purchasing power decreases.

Hope this helps!

Answer:

D. As the rate of inflation increases, purchasing power decreases.

Explanation:

Purchasing power decreases because the value of a dollar means less. So now instead of being able to get a drink for a dollar, you will need 2 dollars because the dollar has less value

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