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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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In marketing, advertisements or salespeople can activate a consumer's purchase decision process by _________.a. showing the shor
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Answer:

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Explanation:

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4 years ago
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Rama09 [41]
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7 0
3 years ago
ason owns a small landscaping business called GreenScapes. When buying a new pickup truck for his landscaping business, Jason ne
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Answer: reciprocity

                       

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In the given case, Jason made a deal with dodge to provide service to him in exchange for service by him. Hence we can conclude that the given case depicts reciprocity.

4 0
3 years ago
What is important to know about yourself when making a career choice?
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You could ask yourself questions such as:

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Am I able to fulfill the tasks that are included in this career?

And I’m sure there are more questions, but it is a good thing to know yourself that way when you apply for a job, you know what you’re getting into.

I hope this helps!
~Brooke❤️
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