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Inflation distorts relative prices. What does this mean and why does it impose cost to consumers?
Wiki User
∙ 10y ago
Inflation distorts relative prices. What does this mean and why does it impose a cost on society?
Wiki User
∙ 10y ago
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What is impose countervailing?
To impose countervention is to penalize those who have penalized you.
If the Fed were to impose a slight increase in the required reserves ratio there would be .?
If the Fed were to impose a slight increase in the required reserves ratio, there would be _____.
What is a tax imposed on import or export goods called?
Tariff. It's used to restrict trade and promote the consumption of products produced in the country, otherwise known as domestic products. It can be used to protect domestic interests or to impose sanctions on another country or to protect consumers from a good the government thinks is harmful.
What is in an increase in the standard of living?
1. Higher employment - A high employment rate means that the a country's output will increase also as the country will not have to provide benefits to the unemployed people and can impose taxes on the business to increase their revenue and develop the country, this will result in an increase in the standard of living.2. Higher Disposable income - When the disposable income rise, the purchasing power of the consumer will also increase, which means that the consumer will purchase more, resulting a rise in the sale and profit of the businesses and so the government can impose high profit tax which will lead to welfare of the economy and so the standard of living will rise.3. Low inflation rate - When the inflation rate is high, the price of good and services will be relatively high leading to a fall in the sale of the product. This will lead to fall in the profits, rise in the level of unemployment which will lead to a fall in the purchasing power of the consumers and so lower standard of living. So in order to enjoy a high standard of living a lower inflation rate is vital.4. High wage rate - When the wage rate increase, the workers will spend more resulting an increasing in the sales, profit of the businesses and revenue of the business and so the standard of living will rise.5. Surplus / Favorable Balance Of Payment - A country is said to have a surplus balance of payment when the value of exports exceeds the imports. This means that the country will be able to enjoy the inflow of foreign currency which leads to economic development and so the standard of living increases.
How did England impose its economic control over the colonies?
they taxed the colonists
What is the need for and importance of ethical behavior?
Management should impose ethical standards so that consumers have confidence in their products and their business. When customers lack confidence, the business suffers.
When advertisement become immoral?
advertisement become immoral when it tries to manipulate, deceive and impose uncertainties of the product they advertise to the consumers who are only interest is to buy a particular product...
Do you say Impose on or impose to?
"Impose to" is not idiomatic English. You can say "impose on" in a sentence such as "I hate to impose on you, but do you happen to have any Grey Poupon?"
What part of speech is impose?
Impose is a verb.
Use the word impose in a sentences?
I do not seek to impose my will on you. How long did the jury deliberate to impose their sentence?
What is impose countervailing?
To impose countervention is to penalize those who have penalized you.
How are trademarks granted?
Trademark is granted if it is able to distinguish the goods or services of a party and will not confuse consumers about the relationship between one party and another, and will not otherwise deceive consumers with respect to the qualities of the product. One has to be the sole owner of the specific good and can impose legal authority to avoid unauthorized use of trademark or trademark infringement.
Can you write a sentence using the word impose?
I didn't mean to impose on you.
What is the antonym for impose?
I think a close antonym for impose would be "respect".
How can you use the word impose for a sentence?
Don't allow the salesperson to impose a style that doesn't suit you.
What is the abstract noun of impose?
The abstract noun forms of the verb to impose are imposition and the gerund, imposing.
What is the abstract noun form of impose?
The noun forms for the verb to impose are imposer, imposition, and the gerund, imposing.
