1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
2 years ago
5

If real GDP grows by 3 percent, the velocity of circulation does not change, and the quantity of money grows by 3 percent, then

in the long run the inflation rate is
Business
1 answer:
trapecia [35]2 years ago
7 0

Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.

<h3>What is the long-run inflation rate?</h3>

This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP

Can also be written as:

% change in M + % change in V = % change in P + % change in Y

Solving gives:

3% + 0 = P + 3%

P = 3% - 3%

= 0%

The price level is to increase by 0% which means that inflation is 0%.

Find out more on the Quantity theory of money at brainly.com/question/26370040.

You might be interested in
The____________problem occurs when people fail to join a group because they can get the benefits the group offers without contri
QveST [7]
D. Group coordination
7 0
3 years ago
A Cajun trinity, used in many Louisiana Creole and Cajun dishes such as gumbo, contains
lubasha [3.4K]
B. Onion, celery, and bell pepper!
6 0
3 years ago
a bacteria population starts with 200 bacteriaa and grows at a rate of r(t) = (450.268)e 1.12567t bacteria per hour. How many ba
Virty [35]

Answer:

11,513

Explanation:

Data provided in the question:

Initial bacteria = 200

Growth rate r(t) = (450.268)e^{1.12567t}

Now,

Total growth after 3 hours = \int\limits^3_0 {(450.268)e^{1.12567t}} \, dt

or

Total growth after 3 hours = 450.268\int\limits^3_0 {e^{1.12567t}} \, dt

or

Total growth after 3 hours =450.268[\frac{e^{1.12567t}}{1.12567}]^3_0

[ ∵ \int{d(e^x)}{dt}=\frac{e^x}{\frac{dx}{dt}}]

Thus,

Total growth after 3 hours = 400 × [{e^{1.12567t}]^3_0

or

Total growth after 3 hours = 400 × [{e^{1.12567(3)}-e^{1.12567(0)}]

or

Total growth after 3 hours ≈ 11313

Hence,

Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours

= 200 + 11313

= 11,513

4 0
3 years ago
Cullen and MacNeil's is a printing press. It currently faces a threat from the electronic media. The company primarily views its
Elenna [48]

Answer:

Marketing myopia

Explanation:

Marketing myopia is a term that describes a situation in which a business or company is more focused on the products it offers rather than the customers. This term was coined by Theodore Levitt. Cullen and MacNeil’s can be said to be suffering from marketing myopia as the company’s program doesn’t take account of the changing lifestyle of the customers which tends to align towards electronic media, and as such would only be assuming there are no competitive substitutes for whatever products they are offering. We can say the company does not have the interest of customers at heart.

7 0
3 years ago
Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for
TEA [102]

Answer:

fall

rise

frictional

b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively

Explanation:

A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.

A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.

Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.

7 0
3 years ago
Other questions:
  • Nelson Industries warrants its products for one year. The estimated product warranty is 4.3% of sales. Sales were $475,000 for S
    6·1 answer
  • Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents.
    12·1 answer
  • Consider the data on expected returns and betas for a variety of assets in the table below. what is the expected return on share
    8·1 answer
  • A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.006 for each fastener manufactured. A newer
    7·1 answer
  • ABC Medical Technology, a fast-growing global research firm, has accumulated so much client information that conventional databa
    5·1 answer
  • The discounted payback period for a project will be _______ the payback period for the project given a positive, non-zero discou
    9·1 answer
  • MacKenzie Company sold $300 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 1.5% serv
    7·1 answer
  • The income statement begins with revenue and subtracts various operating expenses until arriving at Earnings Before Interest and
    12·1 answer
  • On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund. Entry under:
    7·1 answer
  • Which best describes the main role of the three major credit reporting agencies?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!