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
vredina [299]
1 year ago
8

consider an economy where the money supply is growing at 7 percent per year and velocity is constant. which of the following sta

tements about real gdp growth and the inflation rate could be true? a) real gdp is growing at 9 percent and inflation is 2 percent. b) real gdp is growing at 2 percent and inflation is 5 percent. c) real gdp is growing at 7 percent and inflation is 7 percent. d) real gdp is growing at 2 percent and inflation is 9 percent.
Business
1 answer:
grandymaker [24]1 year ago
8 0

The correct response is option (b), meaning that real GDP is rising at a rate of 2% and inflation is at a rate of 5%.

<h3>What connection exists between the equation of exchange and the velocity of money?</h3>

According to the equation of exchange, nominal GDP is equal to the money supply M times its velocity V. The frequency with which the money supply is used to purchase the commodities and services that make up GDP over a specific time period is known as velocity.

<h3>What happens when the money supply rises and the velocity remains constant?</h3>

According to this equation, the price level (P) must rise to make up the gap if the money supply (M) grows more quickly than actual economic output (Q), holding the money velocity constant.

<h3>How can the supply and velocity of money be used to calculate inflation?</h3>

Money supply multiplied by money velocity results in real GDP. Money supply growth rate plus money velocity growth rate equals inflation rate plus output growth rate. We made use of the fact that the inflation rate is, by definition, equal to the rate at which the price level is growing.

Learn more about money velocity: brainly.com/question/13914618

#SPJ4

You might be interested in
se the drop-down menu to complete each statement. A good is considered when producers can quickly supply more or less of it base
adoni [48]

Answer: elastic; inelastic

Explanation:

A good is considered (elastic) when producers can quickly supply more or less of it based on changing prices while a good is considered (inelastic) when producers can quickly change how much of it is supplied when prices change.

In an elastic good, a change in price brings about a significant shift in the demand of such good while on the other hand, in an inelastic good, a change in price brings about an insignificant shift in the demand of such good.

4 0
3 years ago
Describe the text's four external and internal pressures on supply chain design as they relate to crayola's supply chains for co
Mariulka [41]

Answer:

There are both internal and external elements that are going to affect the supply chain design of a company like Crayola for its expansion. The external pressure will be created through external forces that can have an adequate amount of pressure created through suppliers and others where internal pressure can be created by the management itself in order to construct a prominent supply chain design.

Explanation: External pressure are

1. Suppliers

2.distributors

3.Consumers

4 External risk factors

1. Suppliers and the availability of suppliers within the market of expansion play an important role in the determination of the supply chain design within a market.

2. Distributors: As the company is new in the market it will have to establish its market in the region in this regard distributors are very important they are the ones that will help the company in supplying finished goods from the manufacturing point to retailers and customers.

3.customer is an external force that will be affecting the supply chain design of the company.

4. External risk factors: In every market, there is a risk that is associated with the companies operating in it reeks of economic distress and others as well.

Now there are some internal factors as well which will affect the overall supply chain design of Crayola in the new market and they are as follows:

1. Company strategy: it can be said that the company’s decision will tend to affect the supply chain design the company will follow in the current market

2.Management: The management of the company plays a vital role in the supply chain process of a company. It can be said that through management the overall supply chain design is managed hence the management will have an effect on the supply chain design.

3. Workforce: Workforce of the company is very much an evident part of the company’s manufacturing and marketing process. The workforce of the company determines the effect of the firm in terms of its operation and supply chain management.

7 0
4 years ago
The auditors of Steffey Ltd., decided to study the cash receipts and disbursements for the month of July of the current year und
creativ13 [48]

Answer:

                                     Bal. June 30   Receipts    Disbursements    Bal. July 31

Balance per Bank            355,001          835,846       684,747             506,100

Deposit in Transit

June 30                              86,899         -86,899

July 31                                                       51,240                                     51,240

Outstanding Checks

June 30                               42,690                               -42,690              

July 31                                                                               73,340             73,340

Unrecorded Receipts                              -150,000                                 -150,000  

Unrecorded Disbursement                                            -150,000          -150,000

Balance per Books          399,210         650,187          565,397           484,000

3 0
4 years ago
Mapleleaf Industries declared a $0.85 per share cash dividend. The company has 130,000 shares authorized, 51,000 shares issued,
patriot [66]

Answer:

Mapleleaf Industries

Journal Entry

Debit Cash Dividend $40,800

Credit Dividends Payable $40,800

To record the declaration of $0.85 per share cash dividend.

Explanation:

This journal entry shows the two accounts involved and how they are recorded when a cash dividend is declared (declaration date).

Calculation of cash dividends is based on 48,000 shares of common stock outstanding and not on the issued shares nor the authorized.  Usually, dividends are only payable to shareholders of record, who appear on the register of the company as holders of the shares on the specified date (date of records).

So, the divided equals $40,800 (48,000 x $0.85).

3 0
4 years ago
Read 2 more answers
All of the following are reasons why configuration management is an important risk management process, EXCEPT:
ehidna [41]

Answer:

The correct answer is letter "B": It reduces unintended outages.

Explanation:

Configuration management is the detailed registration, maintenance, and update of the information of the technological components of a company. The process aims to provide the organization with a stable system that allows the normal flow of the operations of the business.

<em>System breakdowns, cyber-attacks, major power outages are prevented with this approach or mitigated when they happen unexpectedly.</em>

4 0
3 years ago
Other questions:
  • How do wealth and consumer credit affect consumer buying power??
    14·1 answer
  • What are the "marketable" characteristics of snails?​
    5·1 answer
  • True or False. Marketing activities are completed by profit-making businesses but not by nonprofit businesses.
    14·1 answer
  • A business should not be concerned with where they hope to be in twenty years
    9·1 answer
  • Draw an indifference curve that shows the diminishing marginal rate of substitution. Label it IC. Draw a point on the indifferen
    11·1 answer
  • How does self interest guide a market based system?
    9·2 answers
  • Gullett Corporation had $30,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona
    10·1 answer
  • Cash balance, December 1, 2016 is $18,200
    14·1 answer
  • ___ should not be included on the resume
    14·2 answers
  • 1)______elimination risks.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!