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Artemon [7]
3 years ago
14

An economic theory holding that the constant gradual expansion of the money supply is the key to a nation's economic health is

Business
1 answer:
Murrr4er [49]3 years ago
4 0
An economic theory holding that the constant gradual expansion of the money supply is the key to a nation's economic health is monetarism.  Those who believe in and use the economic theory monetarism believe that if you have too much cash and credit in circulation then too much inflation will be the result. They want the government to control the money that is supplied in hopes to encourage economic growth and keep inflation down.
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Ames Trading Co. has the following products in its ending inventory.
Jobisdone [24]

Answer:

Product                 Qty    Cost     Market      LCM           Result

Mountain Bikes      30     $700    $650       30*650      $19,500

Skateboards           26     $230    $260       26*230      $5,980

Gliders                     12     $870     $830       12*830      $ 9,960

7 0
3 years ago
At the high level of activity in November, 12000 machine hours were run and power costs were $22000. In April, a month of low ac
NISA [10]

Answer:

The estimated fixed cost element of power costs is $10,000

Explanation:

For computing the fixed cost first we have to calculate the variable cost per unit which is shown below:

= (High power cost -  low power cost) ÷ (High machine hours - low machine hours)

= ($22,000 - $15,000) ÷ (12,000 - 5,000)

= $7,000 ÷ 7,000

= $1

Now the fixed cost would be

= (High power cost) - (high machine hours × variable cost per unit)

= $22,000 - 12,000 × $1

= $22,000 - $12,000

= $10,000

4 0
3 years ago
. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important
STALIN [3.7K]

Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.

5 0
3 years ago
Which option is an example of labor as a factor of production?
dolphi86 [110]

Answer:A

Explanation:

8 0
3 years ago
Read 2 more answers
What do you need to make land and natural resources?
svetoff [14.1K]

Answer:

Composta casera : mejora plantas y suelos a costos económicos con materiales accesibles

Coloca una capa de paja de 30 cm de altura a lo largo de la cama y encima restos de jardinería, viruta o aserrín, desechos de hortalizas. ...

Agrega una capa de 15 cm. de restos de comida o de jardinería.

Explanation:

4 0
2 years ago
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