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kondor19780726 [428]
1 year ago
8

Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of currency. The

large increase in the money supply causes the price level to rise by 1,200 percent. What do you expect will happen to the value of Zook's currency?
Instructions: Round your answer to 2 decimal places.




The value of Zook's currency will

(Click to select)

by

percent.
Business
1 answer:
stiks02 [169]1 year ago
8 0

Answer:

it would become worthless

Explanation:

if they keep printing loads of money then the individual Zook dollar would decrease in worth

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Answer:

to get stronger and have more power

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You manufacture covers for barbeque grills at a cost of $5 each and make a profit of $2 per cover.
Katyanochek1 [597]

which class?

Explanation:

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3 years ago
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's una
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Answer:

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adjusting entry:

December 31, 202x

Dr Bad debt expense 3,224

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8 0
3 years ago
Thomson Co. had $150,000 and $310,000 in cash on the balance sheet at the end of 2XX0 and 2XX1, respectively. Its cash flow from
bagirrra123 [75]

Answer:

$4,790,000

Explanation:

We know,

Opening cash flow + Net cash generated during the period = Closing cash

Opening cash = $150,000

Closing = $310,000

Net cash generated = $310,000 - $150,000 = $160,000

Cash inflow from operating activities = $2.5 million

Cash flow from investing activities = $2 million

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Net cash generated = $4,950,000

Cash generated - Cash used for repurchase of common stock = $160,000

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5 0
3 years ago
Convenience products are Answers:
nexus9112 [7]

Answer:

c. relatively inexpensive, frequently purchased items for which buyers exert only minimal purchasing effort.

Explanation:

Convenience products refer to goods that people buy all the time and without planning or comparing products. These poducts tend to have a low price and are found in many places. Examples of these products are sugar, oil and detergents. According to this, the answer is that convenience products are relatively inexpensive, frequently purchased items for which buyers exert only minimal purchasing effort.

8 0
3 years ago
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