Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: What is the possible consequence of the following scenario? Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and
maintain profits, they charge consumers more for goods and services. a. a prolonged period of deflation b. demand-pull inflation c. a wage-price spiral of ever-increasing prices d. increasing numbers of people living on a fixed income
A: Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and service. The possible outcome is c. [ a wage-price spiral of ever-increasing prices. ]
Get an answer
Original conversation
User: Which theory of inflation states that all sectors in the economy try to buy more than the economy can produce, which in turn creates shortages and lost business for merchants. a. demand-pull theory c. wage-price spiral b. cost-push theory d. economic growth theory

User: What is the possible consequence of the following scenario? Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and services. a. a prolonged period of deflation b. demand-pull inflation c. a wage-price spiral of ever-increasing prices d. increasing numbers of people living on a fixed income

Weegy: Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and service. The possible outcome is c. [ a wage-price spiral of ever-increasing prices. ]
vixson66|Points 239|

User: The Quantity Theory states that inflation a. occurs when demand for goods and services exceeds existing supply. b. is caused by too much money in the economy. c. occurs when producers raise prices to meet increased costs. d. is a result of the rise in wages due to a rise in prices.

Weegy: The Quantity Theory states that inflation b. is caused by too much money in the economy.
Expert answered|selymi|Points 11742|

Question
Asked 10/31/2013 7:27:48 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,442,161 questions answered
Popular Conversations
What is the solution to the proportion? n/18 = 5/9 A. n = 2.5 B. n ...
Weegy: n/18 = 5/9; 9n = 5 * 18 9n = 90 n = 90/9 n = 10
10/12/2017 10:59:55 AM| 8 Answers
Which of the following has kinetic energy? a. a rock poised for a ...
Weegy: A bow that is drawn back by an archer. B. Has kinetic energy.
10/10/2017 2:00:05 PM| 3 Answers
In which sentence is the underlined phrase an adjective ...
Weegy: The sentence with an adjective clause is: User: . In which sentence is the underlined clause an adjective ...
10/10/2017 11:55:36 AM| 2 Answers
What country is John Hus from?
10/11/2017 11:05:31 AM| 2 Answers
The two infinitive functions are adjectives and noun. true or faslse
Weegy: The two infinitive functions are adjectives and noun. TRUE.
10/11/2017 11:35:51 AM| 2 Answers
A baby is usually able to self-feed with soft finger food at about ...
Weegy: A baby is usually able to do some self-feeding with soft finger food at about the age of eight months.
10/11/2017 2:04:19 PM| 2 Answers
Weegy Stuff
S
P
P
L
P
P
P
Points 137 [Total 2029] Ratings 11 Comments 27 Invitations 0 Online
S
P
L
Points 100 [Total 122] Ratings 0 Comments 100 Invitations 0 Offline
S
Points 76 [Total 76] Ratings 4 Comments 36 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.