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hold on ima help brb
for the first one it say if the price of the coffe doubles we take $8 a pound right
it said doubles so its times 2
i think your answer for that ne is 16%
okay so next one
The bread is $1 an it doubles meaning times 2
so answer is 2%
oh ok awesome!
ok so next one
do you know the answer for C?
do u lol?
lol i think but its alot fo thinking aha
ok so if theres a 100% increase on the $8 dollor coffe will it be greater or smaller than the bread?
ok so do you know the answer to that one?
so.... is that the last question I posted?
well your answer is: 3 loaves is less than 3 pounds so if 100% percent was added to the Coffee then it will be greater than the bread
ok, can I post some more plz?
i left D an E for you to do
no m do d and e plz before this new one!
ok ill do it hold on
For D im doing to draw it hold on
if theres a rise in one of the goods what hapens the other food in the basket
so you know the answer for D now?
ANSWER FOR D: IF THERE IS rise in one of the guuds then the other goods will decline an yes there is a problem.
A moderate level of inflation tends to ensure that nominal interest rates stay sufficiently above zero
so answer is
No because the rest will decline which will make it a negtive
um.... for number 2 im not very good with math jus so you know Can you do that one i got the rest
FOR 2B ANSWER IS ITS INCREASING
Can you do 3 because im bad wih math
sorry for the late reply, Im multitasking lol
LOL ITS IGHT IM THA MASTER OF MULTITASKING
thankyou again lol...
r u working on 4 and 5?
4A: BECAUSE YOU GET MORE MONEY FROM THAT PRODUCT
4B: ONLY IF IT IS NEGATIVE IS WEN YOU GET A LOW INFLATATION RATE
what if the answers i give you are wrong?
If I have a partial reason, then I will get partial credit, if I dont turn anything in, then i wont get any credit lol
ANSWER FOR 4C: hyperinflation is :monetary inflation occurring at a very high rate. example: a period of time that the International Monetary Fund defines as "beginning in the month that the rise in prices exceeds 50 percent and as ending the month before the monthly rise in prices drops below that rate and stays far below it for at least a year."
nice photo change, but im gonna need for u to hurry up, cuz I gotta go soon...
okay let me do the next ones I GOTTA GO SOON TOO LOL
5A: 2 MAIN SOURCES ARE -A depreciation of the exchange rate increases the price of imports and reduces the foreign price of a country's exports. ... Higher demand from a fiscal stimulus , lower direct or indirect taxes or higher government spending.
yepz lol kinda put that in ur own words tho
4B: A depreciation of the exchange rate increases the price of imports and reduces the foreign price of a country's exports. If consumers buy fewer imports, while exports grow, AD in will rise – and there may be a multiplier effect on the level of demand and output Higher demand from a fiscal stimulus e.g. lower direct or indirect taxes or higher government spending. If direct taxes are reduced, consumers have more disposable income causing demand to rise. Higher government spending and increased borrowing creates extra demand in the circular flow Monetary stimulus to the economy: A fall in interest rates may stimulate too much demand – for example in raising demand for loans or in leading to house price inflation. Monetarist economists believe that inflation is caused by “too much money chasing too few goods" and that governments can lose control of inflation if they allow the financial system to expand the money supply too quickly. Fast growth in other countries – providing a boost to UK exports overseas. Export sales provide an extra flow of income and spending into the UK circular flow – so what is happening to the economic cycles of other countries definitely affects the UKs.
ok thanks!... lol
lol welcomezz put that in ur own words alittle too
lol ya i got 5mintues here sry
ok, can u sum up the last few in phrases, like a sentence or two or phrase of two quickly plz...
an i dont know tha answer for 5C
i did the others also
I gtg rn