Ask Question
BusinessBusiness
6 September, 07:08

Which of the following statements about prices and inflation is not correct?

A prices generally increase at the same rate across most periods of time.

B inflation represents a general rise in prices over periods of time.

C the price level measures the average prices of goods and services across the economy.

D the inflation rate shows the percentage change in prices across periods of time.

+3
Answers (2)
  1. 6 September, 10:08
    0
    answer: option A. prices generally increase at the same rate across most periods of time.

    That option is not correct because prices can change at different rates, according to different economical conditions. And that is reflected in the variation of inflation in different periods., for example.
  2. 6 September, 10:26
    0
    I believe that A is thee incorrect answer
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following statements about prices and inflation is not correct? A prices generally increase at the same rate across most ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The price of Johnny ' s favorite burger, the Big Mac from McDonald' s goes up in price. He goes to Burger King and purchases a Whopper because it is cheaper, but still satisfies his taste and hunger. This is an example of what concept?
Answers (1)
Recomended ways in which the business can promote social and cultural rights cultural rights in the workplace
Answers (1)
Bramble Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $138,100 Allowance for Doubtful Accounts $2,970 Sales Revenue (all on credit) 845,000 Sales Returns and Allowances 53,310 Prepare the journal
Answers (1)
A method of concealing receivables skimming by crediting one account while abstracting money from a different account is known as:
Answers (1)
The term commonly used in accounting to describe the format for recording a transaction is: general ledger journal entry trial balance chart of accounts
Answers (2)
New Questions in Business
Constantine purchased 100 shares of IBM stock several years ago for $150 per share. The price of these shares has fallen to $55 per share. Constantine's investment strategy is "buy low, sell high.
Answers (2)
An interest rate that remains the same throughout the entire loan repayment period
Answers (1)
Which of the following statements is consistent with the ideas that W. Edwards Deming promoted regarding quality management? a. Understanding variation is essential to improving quality b.
Answers (1)
In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 61,700,000 shares of common stock have been authorized.
Answers (1)
This type of evidence can lead to the hasty generalization fallacy Personal Experience Intuition Analogy Research
Answers (1)
Home » Business » Which of the following statements about prices and inflation is not correct? A prices generally increase at the same rate across most periods of time. B inflation represents a general rise in prices over periods of time.
Sign Up Forgot Password?