Answer:
B. There is a movement down along a stationary money demand curve
Explanation:
Whenever the price level changes there is movement down or up along a stationary money demand curve, in this case because the price level is decreasing there will be a movement down because the demand curve is downward sloping and when price decreases more quantity is demanded so the movement is downwards.
Option A and C are wrong because change in price levels cannot cause the curve to shift right or left. Whenever the curves shift to the right or left it is because of non price reasons.
Answer:
Gross national income
Explanation:
Gross national income is the income earned by a country's residents. Income from abroad is also included in the calculation of GNI. Income earned by non residents in the domestic economy is substracted.
GNI = GDP + [(income from investments abroad) – (income sent abroad)].
Answer: $172,000
Explanation:
Its a little bit of a trick question throwing in the Debs that they want to sell for the month.
That figure is irrelevant because we are dealing with fixed costs so the company will still incur them regardless of what they sell.
The components of total budgeted fixed selling and administrative expenses are,
Advertising
Executive Salaries
Depreciation on office equipment and,
Others
Those are the only figures that should concern you. Adding them up would give us,
= 50,500 + 60,500 + 20,500 + 40,500
= $172,000
The total budgeted fixed selling and administrative expenses for February is $172,000
Unexpectedly high inflation tends to hurt lenders the most. When lenders lend money, it is valuable , but the amount of money that must be returned to him/her is fixed. Over time, the value of the money keeps depreciating and finally when the borrower does return the money, the value decreases to a very small amount, which is not worth much. For example, let's say a borrower borrows money from a lender to buy a car. With time, the value of money depreciated so much that when the borrower finally returns the money, the same amount of money is not even worth buying a box a matches!
Answer:
The Comma’s basic earnings per share for the current year was $7.36
Explanation:
The computation of the earning per share is shown below
Earning per share = (Net income - preferred dividend) ÷ (Number of shares)
where,
Net income is $200,000
Preference dividend = Number of shares × price per share × rate
= 8,000 shares × $20 × 10%
= $16,000
And, the number of outstanding shares is $25,000
Now put these values to the above formula
So, the value would equal to
= ($200,000 - $16,000) ÷ (25,000 shares)
= $184,000 ÷ 25,000 shares
= $7.36 per share
