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Anettt [7]
3 years ago
11

The quantity theory of money holds that:______.

Business
1 answer:
N76 [4]3 years ago
4 0

Answer and Explanation:

The quantity theory of money talks about money supply and price level, and their relationship with one another.

In any given economy, the quantity Theory of money states that money supply and price level are directly proportional. This is to say that when there is a change such as an increase in money supply, there would also be a proportional increase in price Ievel. Also when there is an increase in price level, there would also be a proportional increase in money supply.

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Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 44,500 share
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Answer and Explanation:

The journal entries are shown below;

On March 1

Cash A/c $303,500

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(Being the common stock issued is recorded)

On April 1

Cash $74,000

      To Common Stock, no par value $74,000

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On April 6

Inventory $43,000

Machinery $155,000

 To Common Stock (2,400 ×$20) $48,000

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  To Paid in capital in excess of par value $57,000

(Being the shares are issued)

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3 years ago
Handwriting and correct spelling on a work order aren't all that important because they have nothing to do with how well you fix
MArishka [77]

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3 years ago
Which of the following describes a job shortage?
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Answer: The answer is <u>B, a job shortage occurs when there is a higher demand for jobs than there is for labor.</u>

Explanation:

During this type of shortage, the types of jobs being offered do not have the workers that are qualified. Skilled workers are needed for various jobs but they are hard to fill since students are going into high powered fields. Some of the industries that need workers are healthcare, hotels, and construction.

6 0
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Duk Yu, a beverage company, buys its raw materials from Nessange, a fruits and vegetables exporting company, without making any
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Answer:

Trade credit

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Trade credit is a financial tool which buyer is allowed by supplier to buy now and pay later. Payment date is pre-decided. It is generally used for financing on short term basis.

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