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seraphim [82]
3 years ago
11

According to the dynamic version of the equation of exchange (as presented in the PowerPoint slides for Chapter 12), what will t

he rate of inflation be if real output grows 3% a year while the money supply grows 9% a year, assuming velocity is constant?
Business
1 answer:
kodGreya [7K]3 years ago
4 0

Answer:

6%

Explanation:

Based on the equation of exchange, the inflation rate can be determined by taking the difference between the rate of wage growth and the rate of labor productivity. Therefore, in the question above, the inflation rate is 9% - 3% = 6%. This shows that a fast increase in the wage growth rate with a slow increase in the productivity rate will lead to inflation.

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Sky High Company has two​ departments, X and Y. The following estimates are for the coming​ year: X Y Direct manufacturing labor
Anni [7]

Answer:

Predetermined manufacturing overhead rate= $9.8 per machine hour

Explanation:

Giving the following information:

Machine-hours= 50,000

Manufacturing overhead= $490,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 490,000/50,000= $9.8 per machine hour

4 0
3 years ago
Palmetto regional hospital has designed an upcoming research project for determining the best methods for improving patient care
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A depreciable asset has an estimated 15 percent salvage value. At the end of its estimated useful life, the accumulated deprecia
8090 [49]

Answer:

B

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7 0
3 years ago
A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provi
lapo4ka [179]

Answer:

B

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

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7 0
3 years ago
Read 2 more answers
Submit Test
Gnoma [55]

Answer:

you didnt put the full question in.

Explanation:

we cant tell what donna bought and cant see the question at all actually

6 0
3 years ago
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