Describe unexpected deflation
Describe unexpected deflation?
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Unexpected deflation is a decrease in cost level, will have the contrary effect of unexpected inflation. Lots of families are at the same time helped and hurt by inflation because they are both borrowers and earners and savers. Effects of inflation are arbitrary, regardless of society’s goals.
Describe briefly Low financial leverage, low operating leverage?
The activities of speculators tend to, in the long run: (w) decrease the volatility of prices. (x) attract legal attention resulting in imprisonment. (y) increase the level and volatility of prices. (z) yield tremendous profits and raise costs to cons
Briefly explain the term Operating Leverage?
When the prices for doughnuts and croissants are $.50 and $1 correspondingly: (w) the opportunity cost for one doughnut is two croissants. (x) this is better to buy two doughnuts than one croissant. (y) one croissant will make Pierre twice as happy as one doughnut. (z
plz find the attachment and dont compromise on quality,, no similarity n need to be done according to requierment...
Define the term Abstractions in economics?
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What are the main sources of growth?
Illustrate Professional and personal applications?
Which of the given is the best illustration of a perfectly competitive industry: w) wheat production. x) steel production. y) electricity production. z) airplane production. Hey friends please give your opinion for
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