What was Malthus's assumption regarding the relationship between income and household size?

Q: PLS HELP ASAP ON BOTH

A: Approach to solving the question:Identify the Problem Areas: Begin by analyzing the reasons for not…

Q: were made to the SNAP system

A: SNAP system is basically a system of supplement Nutrition Assistance Program for the needy families.…

Q: What is Quatitative Research?

A: It is a kind of research process focusing on models.

Q: part A is incorrect and Part B is incorrect can you re try

A: Present Worth, also known as Net Present Value (NPV), represents the total value of cash flows (both…

Q: please could i see a diagram for each?

A: Expansion path is defined as the locus of the least cost combination of inputs for producing…

Q: What do you understand by emotional labor and emotional managemen

A: In economics, labor refers to the human effort, time, and skill that is used to produce goods and…

Q: Pompeii's Pizza has a delivery car that it uses for pizza deliveries. The transmission needs to be…

A: We are going to use present value approach to answer this question.

Q: Telescopes have several uses including creating images of distant objects and monitoring the…

A: Telescopes plays an important role as they help to gather light and to see information in the images…

Q: What is the manufacturer's main problem?

A: A manufacturing system can be described as a combination of machinery, humans, and equipment bound…

Q: AVERAGE TOTAL COST (Dollars per scooter) 359 720 640 560 480 400 320 240 160 80 9 0 0 100 200 300…

A: The long-run average cost curve exhibits economies of scale, constant returns to scale, or…

Q: How do you find the population in the chart?

A: Statistical data has been provided in the question representing the various years and population in…

Q: 10. Understanding marginal and average tax rates Using the information provided on the income tax…

A: The marginal tax rate is the additional tax income due to a change in tax liability. The marginal…

Q: Identify the largest 5 backs in the United stated.

A: One correction is needed in the above question, hopefully, it is asking for the largest banks in the…

Q: 1. Identify a business organization nearby your location and write a brief note in 200 words about…

A: By identifying a business organisation nearby my location I found a Micro finance organisation.…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

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A: Answer a.  The purpose of travel of Mr Chan is to explore Singapore in five days and to visit only…

Q: What is Size ang growth of a segment

A: Segment Size and GrowthFirst, the company must collect and analyze data regarding the current…

Q: A = 4, B = 3, C = 2, D = 1, F = 0 Calculate the grade-point average

A: Average is obtained by adding all the observations together and then dividing the sum of observation…

Q: Adam picked 240 oranges from his orchard. He packed them equally in 12 bags and sent them to the…

A: Resource allocation refers to the process of distributing available resources among different uses,…

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A: Unemployment is an expression alluding to people who are employable and effectively looking for a…

Q: Where are you getting the number 11?

A: The gap between income and spending in an economy is the budget surplus. A budget surplus occurs…

Q: What is employability

A: Employability refers to the attributes of a person that make that person able to gain and maintain…

Q: What are the impacts of online learning?

A: Online learning: - Online learning is learning through the digital platform without going to the…

Q: Why is recording the proceedings of job conferences important?

A: The proceeding of a job conference is important.

Q: A pharmaceutical corporation has developed a unique new drug, making the company a monopoly. Demand…

A: For a monopoly, profit maximization occurs at the point where MR equals MC

Q: 1 What is business?

A: Meaning of Applied Economics: The term applied economics is somewhat different from economics, as…

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A: Businesses engage in the production and distribution of their goods and services to earn profit.…

Q: can you please help with part D the last two questions, thank you.

A: Given three types of DVD players i.e Deluxe, Standard and Economy. Records for the past 5 years are…

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A: It is advisable to retain a large number of staff in surplus in software service-oriented…

Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.