Ask Question
BusinessBusiness
4 March, 05:19

If deflation occurs and your income is fixed, your real income:

+4
Answers (1)
  1. 4 March, 05:34
    0
    Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If deflation occurs and your income is fixed, your real income: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
When considering investment alternatives, its important to remember the relationship between risk and return, which is:?
Answers (1)
Butler corporation is considering the purchase of new equipment costing $30,000. the projected annual after-tax net income from the equipment is $1,200, after deducting $10,000 for depreciation. the revenue is to be received at the end of each year.
Answers (1)
On April 1, 2019, SBD Corp. paid $120,000 for rent on a new warehouse space one year in advance. On October 1, 2019, SBD Corp. entered into a lease agreement to rent out its old warehouse space it was no longer using.
Answers (1)
A change in the money supply will change investment when a. the money supply is a function of the price level. b. investment depends only on the level of GDP. c. investment is interest-sensitive. d.
Answers (1)
Why should workplaces offer opportunities for advancement? Should this apply to every employee?
Answers (1)
New Questions in Business
Niles and Marsha adopted an infant boy (a U. S. citizen). They paid $17,500 in 2016 for adoption-related expenses. The adoption was finalized in early 2017. Marsha received $3,600 of employer-provided adoption benefits.
Answers (1)
Explain briefly why professional certification and membership in professional organizations are important.
Answers (1)
Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.
Answers (1)
A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.
Answers (1)
Is mobile suit gundam the origin a retelling?
Answers (1)
Home » Business » If deflation occurs and your income is fixed, your real income:
Sign Up Forgot Password?