Why is high inflation (5-10%) a bad thing for an economy? Group of answer choices -It increases contracting costs -Higher inflation tends to be associated with more volatility in prices -It often leads to currency depreciation -It is associated with lower economic growth -All of the above

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A: An investment is the commitment of money, time, or exertion into something with the assumption for…

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A: Market Tightness : Market  tightness represents the relationship between  the number of job…

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A: The first year in a series for an economic or financial indicator is called the Base year. To keep…

Q: if TR=6+3Q^2, then MR is:

A: Marginal revenue is the change in revenue due to the sale of an extra unit of product.

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A: Reliable data sources are trustworthy repositories of information that provide accurate, up-to-date,…

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A: In the intersection market, any change in the value of currency of a country will affect its…

Q: Spain's GDP per capita grows at a rate of 1.5% for the next 6 years and a rate of 2% for the…

A: A = P(1+r)t where A = amount            P = principal            r = rate of interest            t =…

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A: The Sustainable Development Goals (SDGs), also known as the Global Goals, are a set of 17…

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A: We know,  N=160/w If, w=16 N=160/16 = 10 hours of leisure Consume = 24-10 = 14 hours

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A: A difference-in-difference method is a useful tool in empirical research that allows us to identify…

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A: We are given the following information:  - The population of the country will decrease by 8% by 2050…

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A: Purchasing power is the limit of an individual or entity to buy goods and services with the money…

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A: Globalization is the process by which businesses, technologies, ideas, and cultural attributes begin…

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A: The nominal GDP refers to the goods and services produced in an economy in a given fiscal year at…

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A: Difference in sales can be calculated by using the following formula:

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Q: (B) The principle of transition dynamics says t

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