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2 years ago

According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect?

1 answer:

6 0

According to classical macroeconomic theory and monetary neutrality, changes in the money supply affect the GDP deflator

A measure of inflation in the prices of goods and services produced in the United States, including exports. The GDP deflator, though calculated differently, reflects the GDP price index very well. The GDP deflator is used by some companies to adjust payments for contracts.

GDP deflator = nominal GDP / real GDP * 100

Other price indexes such as CPI and GDP deflators are not formed in fixed baskets of goods and services. The basket changes each year depending on the investment and consumption patterns of the people of the year.

The GDP deflator is an essential indicator of the economy and helps to compare the year-to-year rise in price levels of goods and services. Unlike the Consumer Price Index (CPI), the GDP deflator allows comparisons across multiple time periods without using the base year as a constant or specific commodity basket.

Learn more about GDP deflator here: brainly.com/question/25084407

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Indiana Co. began a construction project in 2018 with a contract price of $161 million to be received when the project is comple

Montano1993 [528]

Answer:

b. Recognized $12.37 million gross profit on the project in 2018.

Explanation:

IFRS-15 that deals with Revenue from Construction Contracts requires companies to follow a 4-step approach to record entries for contract when the performance obligation is satisfied over a period of time. These steps are:

1) Calculate the overall profit

Contract Price - Total Costs ( Incurred + Estimated)

⇒ 161 - 122 (40 + 82) = $39 million.

2) Determine the progress of the contract

(Cost to date / Total cost) * 100

⇒ (40 / 122) * 100 = 32.79%

3) Statement of Profit or Loss (If Profitable)

Revenue (Total Price * Progress) ; (161 * .3279) $52.79

Cost of Sale (Total costs * Progress) ; (122 * .3279) (40)

Gross Profit $12.79

The difference arises of $.42 million is because of rounding, ignore it. We choose the closest option in MCQs, always remember this.

Note: Step 4 is related to Balance Sheet which is not the requirement of this question, so skipped.

Thanks!

4 0

3 years ago

It usually takes less time to buy a six-pack of Pepsi, a loaf of bread, and a bag of potato chips at a small convenience store (

Marrrta [24]

Answer:

a person who works at a full-service grocery store

8 0

3 years ago

Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 150 employees and occupies 44,000

Sedaia [141]

Answer:

A) $48,000

Explanation:

Assembly Painting Total

150 employees 100 employees 250 employees

44,000 square feet 36,000 square feet 80,000 sq. feet

Administration expenses $80,000

= 150 x $320 = $48,000 = 100 x $320 = $32,000

Maintenance expenses $100,000

= 44,000 x $1.25 = $55,000 = 36,000 x $1.25 = $45,000

administration expenses = $80,000 allocated based on workers, $80,000 / 250 employees = $320 per employee

maintenance expenses = $100,000 allocated based on square feet, $100,000 / 80,000 sq. feet = $1.25 per sq. feet

7 0

3 years ago

A simulation model is used to test the impact of the number of sample customers at a supermarket. As the model is run the decisi

Serga [27]

Answer:

b. in steady state

Explanation:

As we know that the simulation model should be applied at the time when the number of samples with respect to the customers should be tested. Also it considered for the decision making purpose that shows the average no of customers that instantly increased from the 0 unit in the case when the level is off and also hold the same value. So here the simulation model should be considered as in the steady rate

Therefore the option b is correct

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3 years ago

Isı yalıtımı mı daha sıcaktır ısı iletkeni mi?

Alika [10]

Answer:

translate

Explanation:

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3 years ago