Periods in time that experience increasing price levels are known as periods of a. deflation b. recession c. inflation d. depression
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Periods in time that experience increasing price levels are known as periods of
a. deflationb. recessionc. inflationd. depression
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- The stage in which the economy hits a peak is called: Group of answer choices a. expansion. b. contraction. c. stagnation. d. recession. e. depression.Which of the following is a consequence of inflation a. An increase in economic growth b. An increase in the purchasing power of money c. A decrease in the unemployment rate d. A decrease in the purchasing power of money Please provide the correct answer ###@@@@####@@#$$$$$$$Contrast the effects that LIFO vs. FIFO would have on ending inventory, net income and cash flow in a period in which prices are rising?
- Following an economic trough, the economy will often enter: Group of answer choices a. an expansion. b. a contraction. c. deflation. d. a peak. e. another trough.which one of the following will tend to increase the length of the credit period? Decrease in Product cost Decrease in consumer demand Decrease in collateral value Increase in credit risk Increase in product standardizationIf there is a change in expected inflation and the natural unemployment rate, how does it affect the short-run and long-run Phillips curves? Explain the effects of these changes for these two time periods separately, using also graphical analysis
- Which of the following statement about inflation is incorrect a. A positive inflation rate reduces purchase power of dollars b. Excess money supply increases inflation c. A positive inflation rate increases the real interest rate d. A positive inflation rate lows the real interest rateIn a complete sentence give an example of something that has been affected by inflation.The focus of the short-run macro model is on the role of a. spending in explaining economic fluctuations b. output in explaining economic fluctuations c. labor in explaining economic fluctuations d. financial markets in explaining economic fluctuations
- Consider each of the following situations independently of each other. For each of the situations provide one example of when the underlying circumstances may be such that the observed trend is unfavorable and one example of when the underlying circumstances are favorable. a. Current ratio increases from one period to the next b. Accounts receivable turnover increases from one period to the next c. Accounts payable turnover increases from one period to the nextExplain negative inflation premium.Increase in wages (A) increase inflation(B) decrease inflation(C) does not directly affect economic growth or cannot be determined
