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.
26,520,616 questions answered
Popular Conversations
Which of these is an example of a plateau period
Weegy: Can you share the options please?
12/1/2017 12:57:36 AM| 4 Answers
This year, after a lengthy, noisy debate, they decided to take ...
Weegy: This year, after a lengthy, noisy debate, they decided to take separate vacations. This is a Simple Sentence. ...
12/10/2017 4:51:34 AM| 4 Answers
HIV
Weegy: HIV stands for Human Immunodeficiency Virus.
12/1/2017 7:06:06 AM| 3 Answers
Which one of the following types of sentences gives a command or ...
Weegy: Do your work! The sentence above is an example of an IMPERATIVE sentence. User: Which one of the following ...
12/8/2017 6:12:32 AM| 3 Answers
How is the infinitive phrase used in the sentence? To write a novel ...
Weegy: I hope to convince them of my idea. The infinitive phrase "to convince them of my idea" is used as a NOUN. ...
12/2/2017 11:35:31 AM| 2 Answers
In order to maintain good hygiene it is best to reserve your bed for ...
Weegy: In order to maintain good "sleep hygiene" it is best to reserve your bed for sleeping and to engage in all other ...
12/3/2017 9:06:09 AM| 2 Answers
Which article of the Constitution grants powers to the legislative ...
Weegy: Article Three of the United States Constitution establishes the judicial branch of the federal government. ...
12/3/2017 8:21:45 PM| 2 Answers
A scientific _______ is a principle that describes the behavior of a ...
Weegy: A scientific LAW is a principle that describes the behavior of a natural phenomenon. User: The gradient of ...
12/4/2017 2:17:59 PM| 2 Answers
Weegy Stuff
S
Points 82 [Total 98] Ratings 4 Comments 42 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 5 [Total 5] Ratings 0 Comments 5 Invitations 0 Offline
S
P
L
P
Points 1 [Total 166] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.