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kramer
3 years ago
6

A monetarist would argue that a. prices are inflexible. b. wages are inflexible. c. changes in M in the short run can cause Real

GDP to fall. d. large changes in M could be offset by changes in V and not cause changes in P.
Business
1 answer:
DerKrebs [107]3 years ago
8 0

Answer:

The correct answer is the option C: changes in M in the short run can cause Real GDP to fall.

Explanation:

To begin with, the monetarist economists are the one that support the idea of not having any intervention from the government regarding the economy and moreover they are the ones whose ideology focus mainly in the money, as it name indicates. Therefore that when the government decides in the short run to increase the amount of the money supply then the monetarists argue that the action done by them will cause the Real GDP to fall because of the high inflation that it will cause the increase of the money supply and consequently low demand, etc.

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You have been given the following information for Nicole's Neckties Corp.: Net sales = $2,500,000; Cost of goods sold = $1,300,0
Finger [1]

Answer:

$360,000

Explanation:

Net sales :                 $2,500,000

Cost of goods sold :  ($1,300,000)

Gross profit :              $ 1,200,000

Interest expense :          ($50,000)

Net profit :                  $ 1, 150,000

Retained earning:         ($30,000)

Dividends paid :           ($300,000)

Tax at 40%: =40% * $1,150,000

                                      ($460,000)

Depreciation expense : $360,000

6 0
2 years ago
Personal selling requires the ________ flow of communication between a buyer and a seller, often in a face-to-face encounter, de
Free_Kalibri [48]

Answer:

Two-way flow

Explanation:

Personal selling is one of the methods used by salespeople to drive sales. It involves face-to-face interaction with customers who are persuaded to purchase the product.

This method relies heavily on effective communication mostly the two-way flow of communication.

Two-way flow of communication means that when a message is conveyed to the customer there is feedback to the salesperson. The feedback is used to decide the best course of action to be taken in order to complete the transaction

7 0
3 years ago
The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 12200 gallons of direct materials that a
Anika [276]

Answer:

$8,800 favourable

Explanation:

The computation of direct material quantity variance is seen below;

= Standard price × ( Standard quantity - Actual quantity)

= $4 × [(2 gallons × 7,200 units) - 12,200 gallons)

= $4 (14,400 gallons - 12,200 gallons)

= $4 × 2,200 gallons

= $8,800 favorable

Therefore, the direct materials quantity variance for last month is $8,800 favourable

8 0
2 years ago
Sebastian, an employee, understands that he has great potential after taking a self-assessment test at his company. He decides t
tiny-mole [99]
<h2>Sebastian is employing <u>Goal setting</u> as a mechanism of career management.</h2>

Explanation:

<u>Goal setting:</u>

  • Serve as a base for "Human resource Planning"
  • It is proven that those employees who have goal setting will show good performance on their job.
  • This will directly or indirectly promote the organization
  • We can achieve organizational goals too
  • Goal setting techniques are used by successful people around the world
  • This might even be a favorite interview questions because the HR can understand how effective the employee would be for the organization.
5 0
2 years ago
Read 2 more answers
The three common types of checking accounts are basic, interest-bearing, and lifeline?
otez555 [7]

Answer:

True

Explanation:

Quizlet: Name three common types of checking account? basic checking account, interest-banking checking account, and Lifeline checking accounts.

3 0
2 years ago
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