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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
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Asked 11/24/2014 10:25:17 AM
Updated 11/24/2014 11:11:07 AM
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Edited by jeifunk [11/24/2014 11:11:06 AM]
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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: A wage-price spiral of ever-increasing prices is the possible consequence of the following scenario.
vixson66|Points 239|

User: A money index is a measurement that shows how the average price of a standard group of goods changes over time.

Question
Asked 11/24/2014 10:25:17 AM
Updated 11/24/2014 11:11:07 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [11/24/2014 11:11:06 AM]
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A money index is a measurement that shows how the average price of a standard group of goods changes over time. FALSE.
Added 11/24/2014 11:10:04 AM
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In a rigid container, when the speed of the gas molecules decreases, the pressure of the gas also decreases.
Question
Updated 11/24/2014 9:26:35 AM
1 Answer/Comment
In a rigid container, when the speed of the gas molecules decreases, the pressure of the gas also decreases. TRUE.
Added 11/24/2014 9:26:35 AM
This answer has been confirmed as correct and helpful.
The poverty threshold, or poverty line, varies according to what? a. the census c. the size of the family b. nationwide income averages d. the inflation rate
Weegy: The poverty threshold, or poverty line, varies according to B)nationwide income averages. Poverty line, or poverty threshold, is used to mark the minimum income needed to achieve a satisfactory standard of living. [ While this may mean different thing in different parts of the world, in the US, being above this threshold means having access to water, food, shelter, education, medical care, and adequate clothing. ] User: The poverty rate is the percentage of people who live in households with income below the poverty level. Weegy: Poverty is general scarcity or dearth, or the state of one who lacks a certain amount of material possessions or money. User: Your education level has no effect on your income level. (More)
Question
Not Answered
Updated 11/24/2014 12:01:59 PM
2 Answers/Comments
Your education level has no effect on your income level, False.
Added 11/24/2014 11:49:42 AM
This answer has been confirmed as correct and helpful.
Confirmed by Kaysha [11/24/2014 12:04:21 PM], Rated good by Kaysha
The poverty rate is the percentage of people who live in households with income below the poverty level. TRUE.
Added 11/24/2014 12:01:58 PM
This answer has been confirmed as correct and helpful.
Rated good by Kaysha
When an inflated balloon is exposed to cold air, a. the temperature inside the balloon rises. b. the pressure inside the balloon rises. c. the volume of the balloon decreases. d. the volume of the balloon increases.
Weegy: When an inflated balloon is exposed to cold air,c. the volume of the balloon decreases. (More)
Question
Updated 11/20/2014 9:17:49 AM
0 Answers/Comments
Which of these changes would NOT cause an increase in the pressure of a contained gas? a. The volume of the container is increased. b. More of the gas is added to the container. c. The temperature is increased. d. The average kinetic energy of the gas in increased.
Question
Updated 11/24/2014 9:28:17 AM
1 Answer/Comment
The volume of the container is increased would NOT cause an increase in the pressure of a contained gas.
Added 11/24/2014 9:28:17 AM
This answer has been confirmed as correct and helpful.
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
Weegy: The theory that inflation occurs when producers raise prices to meet increased costs is the? B .) cost-push theory. User: the idea that too much money in the economy causes inflation (More)
Question
Not Answered
Updated 11/24/2014 11:04:32 AM
2 Answers/Comments
Quantity Theory is the idea that too much money in the economy causes inflation.
Added 11/24/2014 11:03:42 AM
This answer has been confirmed as correct and helpful.
Demand-pull theory 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.
Added 11/24/2014 11:04:32 AM
This answer has been confirmed as correct and helpful.
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