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Answer:
$10 trillion
Explanation:
The quantitative theory of money (QTM) states that MV=PT, but we can say that the value of transactions (T) is equal to the GDP (Y). So, MV=PY
M=Money Supply
V=Velocity of money
P= Price level
Y= Real GDP
We use this formula to find M (We use $10 trillion because it is the real GDP, the nominal is not accurate because it has immerse price level changes which overvalues GDP)
M=PY/V
M=2*$10 trillion/2
M=$ 10 trillion
Answer:
630,000 units and 678,000 units
Explanation:
The computation of the equivalent units for material cost and for conversion cost is shown below:
For material cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 0%
= 630,000 units + 0 units
= 630,000 units
For conversion cost
= Units transferred × completion percentage + ending work in process units × completion percentage
= 630,000 units × 100% + 120,000 units × 40%
= 630,000 units + 48,000 units
= 678,000 units
I think the most appropriate answer would be B. Because without the (marketing department) forces, the business will most likely not able to maintain successful relationships. (Extra tip: The business should never stop it's marketing process, as this is one of the factors of achieving a successful business).
I hope it helped you!
Answer:
Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.