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coldgirl [10]
3 years ago
6

Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.If the veloci

ty of money is 2, the money supply is:
Business
1 answer:
Alina [70]3 years ago
4 0

Answer:

$10 trillion

Explanation:

The quantitative theory of money (QTM) states that MV=PT, but we can say that the value of transactions (T) is equal to the GDP (Y). So, MV=PY

M=Money Supply

V=Velocity of money

P= Price level

Y= Real GDP

We use this formula to find M (We use $10 trillion because it is the real GDP, the nominal is not accurate because it has immerse price level changes which overvalues GDP)

M=PY/V

M=2*$10 trillion/2

M=$ 10 trillion

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What does the term rop stand for at u-haul?
pav-90 [236]

The term ROP for U-Haul means Roll Over Protection which is a service that is offered for rental units of trailers.

6 0
3 years ago
Blake’s Manufacturing sells unfinished wood pieces for $150 each. The manager reported 280 defective wood pieces in inventory, w
mixas84 [53]

Answer:

$30,800

Explanation:

This can be calculated as follows:

Standard price revenue = $150 × 280 = $42,000

Original cost = $20 × 280 = $5,600

Defective sales revenue = $30 × 280 = $8,400

Extra processing cost = $10 × 280 = $2,800

Actual revenue forgo from defective sales = Defective sales revenue - Extra processing cost

Actual revenue forgo from defective sales = $8,400 - $2,800 = $5,600

Total incremental income = Standard price revenue - Original cost - Actual revenue forgo from defective sales

Total incremental income = $42,000 - $5,600 - $5,600 = $30,800

Therefore, the total incremental income from further processing is $30,800.

5 0
3 years ago
AA Tours is comparing two capital structures to determine how to best finance its operations. The first option consists of all e
-Dominant- [34]

Answer:

d.select the unlevered option since the expected EBIT is less than the break-even level

Explanation:

Unlevered option comprises of more equity than the  debt, and is thus less risky. While an option leveraged is even more debt than equity, which brings additional risk. Since the estimated EBIT is below the break-even point, it would be safer to go for an unlevered (less riskier) option.

Hence, the correct option is d.

8 0
3 years ago
Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or
aivan3 [116]

The representation of the cash flow from firm to household would be the folowing:

  • The $225 per week Jake earns working for Little Havana
  • The mojito Latasha receives
  • Latasha's labor
<h3>What is meant by flow?</h3>

This is the term that is used to refer to the way that income gets to the household. We know that the people of the household are thiose that would go to use their skills in order to do work so  that they can earn income for the labor they give out.

Hence we can say that The representation of the cash flow from firm to household would be the following:

  • The $225 per week Jake earns working for Little Havana
  • The mojito Latasha receives
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Read more on cash flow here;

brainly.com/question/735261

#SPJ1

4 0
2 years ago
It takes twice as long to fly to city A as it takes to fly to city B. It takes longer to fly to City B than it takes to fly to C
lisov135 [29]

Answer:

No its false

Explanation:

Because City E is far away than the other cities

3 0
3 years ago
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