An increase in the velocity of the money refers to a situation when the rate of changing leads to hand rises and ultimately results in an increase in the price level, indicating an inflation.
<h3>What is velocity of money ?</h3>
Velocity of money refers to a method with the help of which the movement of the money in an economy can be measured. When the number of hands changing money increases, there is an economic growth.
So, option C; states that there is an increase in the velocity of money when the rate at which money changes hands rises, the price level also increases.
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Answer:
-0.11% per year
Explanation:
Here, we want to calculate real interest rate.
Firstly, we calculate the inflation rate
mathematically the inflation rate = (cpi at the end of year - cpi at the beginning of year)/cpi at the beginning of year * 100%
Inflation rate = (232-225)/225 * 100% = 3.11%
we now proceed to calculate the real interest rate
mathematically, real interest rate = Nominal interest rate - inflation rate
from the question, nominal interest rate = 3%
real interest rate = 3% - 3.11% = -0.11%
This means that the real interest rate earned by sally is -0.11% per year
Answer:
b. $433,750
Explanation:
The ending balance in retained earnings can be calculated as;
= Beginning balance + Net income - Cash dividends
Given that;
Beginning balance = $430,000
Net income = $60,000
Cash dividends = $56,250
= $430,000 + $60,000 - $56,250
= $433,750
Therefore, the ending balance in retained earnings is $433,750
Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.
We can arrive at this answer because:
- The Behavior Analyst needs to show that he tried to contact the customer and show that he is interested in contacting him again.
- For this reason, he shows that the customer can get in touch with him, leaving the business card, with the contact forms.
- To make this contact more professional and thus increase the credibility of the service, the Behavior Analyst leaves the name of the person to be served and the service that will be provided.
This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.
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This is false. When inflation happens, prices go up in the economy.
