Author Question: During inflationary times it is harder for fashion companies to plan for the future investment and ... (Read 35 times)

Davideckstein7 · **on:** Sep 11, 2018

During inflationary times it is harder for fashion companies to plan for the future investment and they decrease production.

a. True
b. False

Question 2

Free trade is:

a. trade without any transaction costs c. Bad for domestic consumers
b. trading among nations without anyrestrictions such as taxes, quotas, duties
d. Good for supplier of all goods.

nanny · **Reply #1 on:** Sep 11, 2018

Answer to Question 1

a
7.The Federal Reserve Bank uses changes in the reserve requirement frequently to impact the supply
of money in the economy.
a. True
b. False
b The reserve requirement is the least used monetary tool implemented by the Fed.
8.During the expansion phase of the business cycle, the fashion industry slows growth, limits hiring,
and decreases inventories.
a. True
b. False
b Fashion companies expand their businesses by increasing hiring, growth of
inventories, and possible new product development.
9.During the recession the fashion industry must respond to consumer demand for quality products
regardless of the pricing category.
a. True
b. False
a

Answer to Question 2

b