A). Inflation
B). Prices
C). Supply and Demand
D). Taxation
E). Deflation
2006-06-13 09:32:59 · 21 answers · asked by Anonymous in Education & Reference ➔ Homework Help
It's inflation, which is the decline in the value of currency
2006-06-13 09:37:54 · answer #1 · answered by Travis 2 · 0⤊ 1⤋
The correct answer would be: A.) Inflation. Inflation is when the government produces more money than normal, which lessens the value of the dollar(or other form of currency). The statement is just saying that 45 cents a long time ago was worth the same amount that a dollar is now. The key word is "today" which assumes that the person is comparing it to times past. Prices (B) has nothing to do with this because it is not comparing different items. Supply and Demand (C) affects how much an item will cost (the more demand for an item, the less supply and the higher the price or the less demand for an item, the higher supply and the lower price). Taxation (D) might be the correct answer if the word "today" did not lead off the question, because taxation is how much of your money goes to the government and how much higher an item will cost than its listed price. Deflation (E) is the oppostie of inflation, and would be correct if the question were reversed to say that today 45 cents is worth about a dollar. So with all of this, the correct answer is clearly (A) Inflation.
2006-06-13 17:09:29 · answer #2 · answered by hcpete14 2 · 0⤊ 0⤋
Well if we just look at the penny, you can see that it cost more to make it then it is worth. Also how many of you would pick that penny up if you saw it at your local supermarket.
I think what really causes this problem is greed. Greed is the root of inflation, prices, taxes, which in turn effect supply and demand. The truth is Greed is the cause of "the dollar is worth about 45 cents.
2006-06-13 16:46:25 · answer #3 · answered by omega_cage 2 · 0⤊ 0⤋
Inflation
2006-06-13 16:42:40 · answer #4 · answered by Susie G 1 · 0⤊ 0⤋
Inflation
2006-06-13 16:41:22 · answer #5 · answered by kariharte 1 · 0⤊ 0⤋
Inflation
2006-06-13 16:39:10 · answer #6 · answered by sjohnson9501@sbcglobal.net 2 · 0⤊ 0⤋
Inflation
2006-06-13 16:37:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Inflation
2006-06-13 16:37:09 · answer #8 · answered by chancetaker03 1 · 0⤊ 0⤋
Inflation
2006-06-13 16:36:44 · answer #9 · answered by emailmartina 2 · 0⤊ 0⤋
A. Inflation
2006-06-13 17:07:55 · answer #10 · answered by LiRona 3 · 0⤊ 0⤋
Inflation--the value of a dollar is often time compared to the consumer price index, which lists a sum of commonly purchased goods across the common market. Whatever the current value of the consumer price index (Acronym: CPI), the value of a dollar, usu. in gold is measured against.
2006-06-13 16:39:45 · answer #11 · answered by Sarah S 2 · 0⤊ 0⤋