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3 years ago

Whatever the quality improvement approach, what key concept(s) is/are common between each approach?

Business

1 answer:

Ber [7]3 years ago

5 0

The common key concepts that are common to the quality improvement approach are the following;

- Usage of QI tools, this is used for mapping, analyzing and collecting data.

- Outcomes and measuring are also used.

- Lastly, application of statistical process control

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Answer:

C) the nominal value of aggregate income is determined

Explanation:

The quantity theory of money states that nominal aggregate income is determined by money supply. It is assumed that money velocity is constant in the short run and so would not impact nominal aggregate income.

The quantity theory of money is obtained from the equation of exchange which is:

(Money supply × velocity ) = (price × agregrate output)

Dividing both sides by velocity gives,

Money supply = (1/velocity) × ( price × agregrate output)

It is assumed velocity is constant, therefore,

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I hope my answer helps.

All the best

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2 years ago

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Answer:

c. $175,500

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3 years ago

Suppose you have $1,500 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually.

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Answer:

$ 1,781.53

Explanation:

The future value of the 5-year CD can be determined by using the future value formula stated below:

FV=PV*(1+r)^n

FV is the future value which is expected future amount after 5 years

PV is the initial amount used in purchasing the CD i.e $1500

r is the rate of return on the CD on an annual basis which is 3.5%

n is the number of years the investment would last which is 5 years

FV=$1500*(1+3.5%)^5

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FV=$ 1,781.53

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3 years ago

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Therefore, the correct option in this case is (a)

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3 years ago

Read 2 more answers