spencerhall757 spencerhall757
  • 24-10-2019
  • Advanced Placement (AP)
contestada

why is $1,000 in five years worth less than $1,000 today?

Respuesta :

DBNETWORK4 DBNETWORK4
  • 24-10-2019

Answer:

inflation as prices go up. salary

Answer Link
zachharr2002 zachharr2002
  • 24-10-2019

Answer:

inflation

Explanation:

As a country prints more money the buying power of the money decreases because their is simply more of it. It's like apples, the more apples in a community the less valuable each individual apple becomes because they are less rare than the year before, same goes for the amount of money in a country. The more money in a country, the less valuable it is because it is no longer as rare.

Answer Link

Otras preguntas

True or False: Ribosomal RNA is processed after transcription by cleaving and trimming of the molecule.
write any two symptoms of diabetes​
A boat heading out to sea starts out at Point AA, at a horizontal distance of 1206 feet from a lighthouse/the shore. From that point, the boat’s crew measures t
Can u please help me?
Review your writing and complete the writing reflection rubric. For each criterion, copy and paste the description that best fits what you've written. Need help
gap between two neurons
Fill in the proportion ABCD ~EFGH AB/EF=_____/______
What is the value of x in the equation −x = 6 − 4x + 18? (1 point) 24 8 −8 −24​
Which of the following devices is not a networking device? O Switch O Hub O Bridge O None of these​
what is the value of x in the equation 0.3x = 0.2 - 0.2x?