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Harman [31]
3 years ago
13

For example, an increase in the money supply, areal variable, will cause the price level, anominal variable, to increase but wil

l have no long-run effect on the quantity of goods and services the economy can produce, a variable. The notion that an increase in the quantity of money will impact the price level but not the output level is known as .
Business
1 answer:
lord [1]3 years ago
3 0

Answer:

The answer would be neutrality of money theory

Explanation:

The neutrality of money theory claims that changes in the money supply affect the prices of goods, services, and wages but not overall economic productivity. Many of today's economists believe the theory is still applicable, at least over the long run.

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You work for an auto manufacturer and distributor. How could you use information systems to
lawyer [7]
  • We can create a website wherein customers may adapt autos or talk using support personnel as well as other car owners.
  • Users may establish an automated e-mail service to remind automobile owners to check their cars often.
  • It could include a system of information that monitors local client preferences so that vehicles that represent the requirements and wishes of local customers are provided.
  • It can be a company that invests in data techniques that allow it to manufacture new products or effectiveness inside its distribution network, thereby making it a low-cost producer.
  • Data system to improve communication with suppliers and optimize the supply chain for operational excellence.
  • It could assist managers in communicating more effectively with workers, enable item technical development, eliminate cost warehousing or simplify delivery.

Learn more:

brainly.com/question/7283854

4 0
3 years ago
Assume that a country has a closed economy that has only three goods/services. That is, there is no trade with other countries,
postnew [5]

<u>Explanation:</u>

Given

Consumption = (10 x 30) = 300

Investment = (100 x 2) = 200

Government Spending = (500 x 1) =500

13. Total GDP for this economy = Consumption + Investment+ Government spending

=(10 x 30) + (100 x 2) + (500 x 1)

=$1000

14. Consumption % on GDP

= Consumption/ Total GDP x 100

=(300/1000) x 100

= 30%

15. Investment % in GDP

= Investment / Total GDP x 100

=(200/ 1000) x 100

=20%

16. Government spending % on GDP

=Government spending/ Total GDP x 100

=(500/1000) x 100

=50%

5 0
3 years ago
Jessep Corporation has a standard cost system in which manufacturingoverhead is applied to units of product on the basis of dire
Orlov [11]

Answer:

Standard fixed overhead rate

= Budgeted fixed overhead cost

  Budgeted direct labour hours

= $45,000

  15,000 hours

= $3 per direct labour hour

Fixed overhead volume variance

= (Standard hours - Budgeted hours) x Standard fixed overhead rate

= (12,000 hours - 15,000  hours)  x $3

= $9,000(U)

The correct answer is B

Explanation:

In this case, we need to calculate standard fixed overhead rate, which is budgeted fixed overhead cost  divided by budgeted direct labour hours. Then, we will calculate fixed overhead volume variance, which is the difference between standard hours and budgeted hours multiplied by standard fixed overhead rate.

8 0
3 years ago
A(n)______ variance occurs when management pays an amount different from the standard price to acquire the item.
fenix001 [56]

Answer:

The answer is "Spending".

Explanation:

A(n) variance in spending happens whenever management spends a quantity other than the standard cost of the products to be acquired.

The difference in expenditure is the gap between the real level as well as the expected amount (or budget) of spending. Overhead costs often include fixed costs, e.g. operating expenses.

3 0
3 years ago
The depreciation method that produces larger depreciation expense during the early years of an asset's life and smaller expense
ss7ja [257]

Answer:

Accelerated depreciation method

Explanation:

Accelerated depreciation is a method of depreciation in which the assets lost his purchase price or book value at the speedy rate as compared with the straight-line method.

And it generates a larger amount of expenses during the early period and the smaller amount of expenses in the later year so that it can be decreased the taxable income

6 0
3 years ago
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