Answer:
Wealth will be redistributed from creditors to debtors
Explanation:
Deflation refers to the general fall in the price level of goods and services when rate of inflation becomes lesser than 0%.
Due to the fall in the price level, goods and services become cheaper, credit providers reduce the quantum of credit provided.
Fall in the prices leads to lower expenditure by the purchasers owing to lower level of confidence and such buyers delay their purchases.
Deflation increases the purchasing power of consumers since at the same level of income, buyers can now buy more compared to previously.
Hence, those who earn fixed pension observe an increase in the value of such pension.
Answer:
The answer is True
Explanation:
Cultural differences can slow down the diffusion process, or even make it impossible. For example, no matter how good of a marketing campaign you make, if you sell pork, you will never have a high market share in the Middle-East, because both Islam and Judaism forbid the consumption of pork, and those are the two major religions in the area.
Answer:
The correct answer is letter "A": all income from whatever source derived unless excluded by law.
Explanation:
Gross income is the total income of a person before taxes and other changes. Gross income is the basis for determining the taxes an individual has to pay. Gross income is the sum of a person's salary, wages, tips, capital gains, dividends, interest, rents, pensions, and alimony.
<em>The tax definition of Gross Income states it represents all income of individuals regardless of the source derived except those excluded by law.</em>
Answer:
When Jameel lost his job with a fruit and vegetable shop that closed downhe decided to open his own store. He had good contacts with suppliers.
They said they would give him one month’s credit before he paid for
supplies. Jameel had $5000 in savings to invest in the shop. He thought thiswould be sufficient to start the business. He is an independent man - he
never liked taking the manager’s orders in the food shop! He wanted to
operate his new business as a sole trader
Explanation: hope this helps if not i am sorry
Points lying inside the production possibilities curve are attainable but reflect less total output than can be produced.
Production is the process of combining various tangible and intangible inputs to produce something for consumption. It is the act of creating an output, goods, or services that are of value and contribute to an individual's benefit.
Production is the process of making, harvesting, or creating something, or the quantity of something manufactured or harvested. An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production volume is the production volume of corn.
Learn more about production here:brainly.com/question/16755022
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