This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In economics, the total amount received for selling a good or service is referred to as A) ... (Read 185 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
In economics, the total amount received for selling a good or service is referred to as
 
  A) revenue. B) factor payments. C) profit. D) capital gains.

Question 2

What problems can high inflation rates cause for the economy?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

The problems that inflation causes for the economy include the loss of purchasing power of money, menu costs, and an unintended redistribution of income.


nevelica

  • Member
  • Posts: 563
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

What makes tea so good What makes tea so good
The Geometry of a Total Solar Eclipse The Geometry of a Total Solar Eclipse
Essential Foundations of Economics Plus Essential Foundations of Economics Plus
The amount of genetic variation within populations is far greater than the variation between populat The amount of genetic variation within populations is far greater than the variation between populat
Economics question Economics question
Economics question Economics question
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library