The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with <span>one unit of money.
</span>Purchasing power loss happen<span> when prices increase, while purchasing power gain happens when prices decrease.</span><span>
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Answer:
The answer is D. Accounted for in current and future periods.
Explanation:
A change in accounting estimate is an adjustment of the carrying value of an asset or liability arising from reassessing the expected future economic benefits and obligations associated with that asset or liability.
Changes in accounting estimates must be shown in the accounting period in which the estimates are revised and periods after i.e accounted for prospectively. Example is a change in useful life and salvage value of a fixed asset
<u>Answer:</u> A) Produce goods and pay labour.
<em>In order for the economy to be strong, businesses must produce goods and pay workers</em>
<u>Explanation:</u>
<em>Organizations charge more for their merchandise to pay higher wages, and the higher wages</em> likewise increment the cost of products in the more extensive market.
The <em>rate increment of the wages and costs and their general impact available are key variables driving expansion in the economy.</em>
Answer:
Government intervention,
Explanation:
because the government (Congress) only allows the U.S. Postal Services to access mailboxes.
True it can. just depends on the product/ services it offers
