If a family's income does not increase as fast as the prices of the goods and services that it consumes, its standard of living will decline. This scenario describes the problems with ______.

Answers

Answer 1

Answer:

Inflation lowers the standard of living for people whose income does not increase as fast as the price level. Real GDP measures the: value of final goods and services produced within the borders of a country, corrected for price changes.


Related Questions

Which type of budget indicates more expenses than income?
O O O O
a deficit budget
a balanced budget
a debt budget
an equity budget

Answers

Answer:

a deficit budget

Explanation:

A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

Should I start my final exam? im kinda scared ill get a bad grade lol. anyways, I hope everyone is doing great. ​

Answers

Answer:

do it lol putting more words because its requireddddd

Answer:Yes you should and dont be scared just try your hardest. Also i am doing great what about you ?

Explanation:

On a new job, a good way to fit in on the team is to _____.

tell everyone what to do
show respect and listen to every person's point of view
eat by yourself so you won't bother other people
hand out flyers to everyone about a cause you care about

Answers

Answer:

On a new job, a good way to fit in on on the team is to...show respect and listen to every person's point of view

Explanation:

this is my answer because respecting others is one that business do to have a great start

Market penetration pricing and market skimming pricing are typically used at which stage of a product’s life cycle?

A. introduction
B. growth
C. maturity
D. decline
E. ideation

Answers

Answer:

A. introduction

The answer is introduction

help
You read a script about a poor young woman living in London in the 1980s who becomes a famous dancer. Which of the following authors would be most likely to have written this script?

An 80-year-old man who was an engineer in Chicago.
A 50-year-old woman who grew up in a poor part of London.
A 19-year-old man who writes music reviews for an online magazine.
A 25-year-old woman who works as a server in Las Vegas.

Answers

Answer:

a 50 year d for sure

Explanation:

I would say B

Think of an issue in your community that you would like to fix or improve in some way. First, write down what it is, and then identify how you think it could be fixed, and how you or other people could do so.

Answers

 For me i just wish my community was more active i would most likely do this by throwing community events

Explanation:

which of the following can have their shares trade on the stock exchange​

Answers

2+2=4-1=3 quick maths

Explanation:

;)

What are there conditions required for
germination of seed?


Answers

Answer:

The answer is below

Explanation:

The conditions required for the germination of a seed involve favorable climatic conditions and nice vegetation.

This includes favorable weather, adequate water or precipitation, sufficient level of atmospheric condition, suitable sunlight conditions, loamy soil, well prepared and coarse seedbed, and at the same time, the degree of seed to soil contact must be accurate to have proper and targeted seeds germination.

A restaurant that serves $1400 a day in meals to 140 customers with an average cost of goods sold per unit at $7.00.
What is the average unit of sale for this business?

Answers

Answer:

=$10

Explanation:

The average unit of sales will the total serves per day divided by the total number of customers.

= $1400/140

=$10

The average unit of sale is $10

To what extent does the payment of commission motivate workers?

Answers

Answer:  Encourages employees to work harder

Explanation:

Highly talented professionals in sales and marketing get more out of commission-based pay since their income relies on how hard they work. The more sales they make, the more generous their compensation will be compared to their less motivated counterparts.


A person is a professional truck driver and a car salesperson. Which action
would she most likely take if she wanted to increase her level of economic
specialization?
A. Move to another country that has fewer truck drivers
B. Hire an employee who can both drive trucks and sell cars
ce
C. Stop driving trucks to focus on becoming better at selling cars
D. Continue driving trucks and selling cars, while also learning to
repair engines

Answers

Answer:

C. Stop driving trucks to focus on becoming better at selling cars

Explanation:

I would think this because she would be more successful since she would get paid more

C. Stop driving trucks to focus on becoming better at selling cars

The following information should be considered:

For increasing the level of economic specialization the driving truck should be stopped. Due to this, it should be focus on becoming the better at selling the cars.

Learn more: https://brainly.com/question/17961582?referrer=searchResults

Which statement describes the effect of taxes on a traditional 401(k) retirement account?
A.
A traditional 401(k) is tax exempt because the income earned isn't taxed until the money is withdrawn.
B.
A traditional 401(k) is a taxable account because the income earned is taxed when it is contributed.
C.
A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.
D.
A traditional 401(k) is tax exempt because the income earned is never taxed.

Answers

Answer:

A traditional 401(k) is tax deferred because the income earned isn't taxed until the money is withdrawn.

Explanation:

A 401 k is a qualified tax-advantaged saving retirement plan. Usually, 401K  plans are employer-sponsored. Employee contributions to the 401 k plans are deducted from the payroll before taxes are calculated. It means the employee contribution is not taxed at the time it's withheld by the employer.

The amounts saved are invested in market securities such as shares and bonds. The tax due from earning from the investment is deferred to the time of withdrawal. The employee is not required to pay taxes on contributions and investments earning every financial year.

‏( Z ) Company has beginning inventory of 15,000 units and expected sales of 23,000 units . If the desired ending inventory is 18,000 units , how many units should be produced ?

Answers

Answer:

the  number of units should be produced is 26,000 units

Explanation:

The computation of the number of units should be produced is as follows:

Units to be produced is

= Expected sales units + ending inventory units - beginning inventory units

= 23,000 units + 18,000 units - 15,000 units

= 26,000 units

Hence, the  number of units should be produced is 26,000 units

a.)what is H-pilorie disease cause by(dunno spelling sorry)b.)can it kill​

Answers

Answer:

Helicobacter pylori (H. pylori) infection occurs when a type of bacteria called Helicobacter pylori (H. pylori) infects your stomach. This usually happens during childhood. A common cause of peptic ulcers, H. pylori infection may be present in more than half the people in the world.

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