Carlos manages a grocery store in a country experiencing a high rate of inflation. he is paid in cash twice per month. on payday, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value. what he can't spend, he converts into a more stable foreign currency for a steep fee. this is an example of the of inflation.
+1
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Carlos manages a grocery store in a country experiencing a high rate of inflation. he is paid in cash twice per month. on payday, he ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.