A person most concerned with price stability would look to control which of the following?
a. Increasing social security payments each year a person is retired
b.Insuring each person’s income is as high as possible
c.An increase in prices.
d.Limiting the number of wants people have.

Price stability refers to the tendency for a price point to either move up or down from the current point depending on the situation within the market.

One way for people to deal with such changes is by ensuring their income is as high as possible. Higher income will provide people with higher amount of disposable income. Even if the price is experiencing an increase, the addition in our disposable income will allow us to make a purchase to maintain our current lifestyle.

This why a person who is concerned with price stability will most likely try to control their income level.

A person most concerned with price stability would look to control which of the following? a. Increasing social security payments each year a person is retired b.Insuring each person’s income is as high as possible c.An increase in prices. d.Limiting the number of wants people have.

Respuesta :

Otras preguntas

A person most concerned with price stability would look to control which of the following?
a. Increasing social security payments each year a person is retired
b.Insuring each person’s income is as high as possible
c.An increase in prices.
d.Limiting the number of wants people have.