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2 years ago

Milton Friedman helped to establish the economic theory of monetarism. Which statement best describes the idea of monetarism

Business

1 answer:

Ann [662]2 years ago

7 0

Monetary policy is the best way to influence economic growth.

Appeared as a leader of the Chicago school of financial economics, Friedman burdened the importance of the quantity of cash as a device of government coverage and a determinant of enterprise cycles and inflation. His monetarism principle proposed that cash delivery modifications have immediate and long-term effects.

Milton Friedman became a U.S. economist and Nobel laureate known as the most influential propose of loose-marketplace capitalism and monetarism in the 20th century.

The monetarist principle is an monetary concept that contends that changes in cash deliver are the maximum good sized determinants of the charge of monetary increase and the behavior of the commercial enterprise cycle.

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a conflict of interest in research could result when a physician is paid as a consultant for a pharmaceutical company and also c

Roman55 [17]

False, since both roles are in the capacity of research and does not compromise results. So there is no conflict of interest in research.

Conflicts of interest are situations in which professional judgments or actions regarding a primary concern, such as a medical researcher's responsibilities, may be easily persuaded by a secondary interest, such as monetary benefit or professional advancement.

Many doctors work full-time for biotech and pharmaceutical companies, as well as medical device manufacturers. They work in research, product development, or administration. In fact, a few of them own the businesses. This is not conflict of interest.

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6 0

1 year ago

Which of the following is an advantage of consumer credit? a) It costs more than cash purchases. b) It can encourage customers t

forsale [732]

Answer:

The answer is D

Explanation:

7 0

3 years ago

What is the first thing you should consider when thinking about building an international information system? the state of world

drek231 [11]

Answer:

Consider the global environment where your business will operate, and identify the business drivers for your firm and industry

Explanation:

International information system refers to basic set of information system that an organization need, in order to leverage on global trade and other businesses. The firm must also take note of the cultural factor like social norms, affecting the system.

When a company is building an international information system, it must consider the global environment, business management and processes, the platform on which the business would base its technology and its corporate global plan. All these are necessary to enhance effective international information system.

3 0

3 years ago

Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Manageme

NNADVOKAT [17]

Answer:

A) $1,050,000

Explanation:

Residual income

= Net operating income - (Total assets*Target rate of return)

= 1,250,000 - (20%*1,000,000)

= $1,050,000

Therefore, The division's Residual Income is $1,050,000.

5 0

3 years ago

In 1895, the winner of a competition was paid $150. In 2006, the winner's prize was $70,000. What will the winner's prize be in

Jobisdone [24]

Answer:

the price will grow to $ 507,571.77 If it continues with the same grow rate

Explanation:

first we solve for the rate:

2006 - 1895 = 111 years

$Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1$

r = 0.06

Now we apply this rate for the year 2040:

2040 - 2006 = 34 years

$Principal \: (1+ r)^{time} = Amount$

Principal 70,000.00

time 34.00

rate 0.06000

$70000 \: (1+ 0.06)^{34} = Amount$

Amount 507,571.77

6 0

3 years ago