All categories

2 years ago

Hyperinflations tend to occur when

Business

1 answer:

sladkih [1.3K]2 years ago

8 0

Answer:

C) Central banks finance large government budget deficits

Explanation:

Hyperinflation is when general price level rise at accelerating high rates. This leads to loss in real value of currency, people tend to substitute it by other stable currency holdings.

An important cause of Hyperinflation is Deficit Financing. This means government generating funds, by bank issuing (printing) new currency. It is done to cover the deficit, the excess of government expenses over its revenues.

Increase in currency money supply, by borrowing from central bank - raises Aggregate Demand & general price level at a very rapid rate, i.e Hyperinflation

You might be interested in

Mott Company purchases a machine from Janelle Company. Installation of the machine requires specialized knowledge that Mott Comp

alekssr [168]

Answer:

$45,455 and $4,545

Explanation:

Given that

The machine stand alone price = $50,000

Value of the installation = $5,000

Agreed purchase value of the machine = $50,000

So, by considering the above information, the contract price allocated to machine is

Contract Price allocated to Machine = Total Contract price × Standalone price ÷ (Standalone price of machine + installation value)

= $50,000 × $50,000 ÷ $55,000

= $45,455

And for installation , it is

Contract Price allocated to Installation

= $50,000 × $5,000 ÷ $55,000

= $4,545

7 0

2 years ago

N article published in the washington post claims that 45 percent of all americans have brown eyes. a random sample of n=78 coll

Sever21 [200]

a . The test statistic is -1.160740861

b. The p value is 0.2457473

Let the point estimate be 'a'. The formula for test statistic is:

Z = (a - p) / √ { [ p×(1-p) ]÷n }

Point Estimate 'a' = 30/78 = 0.384615385

Z = (0.384615385 -0.45 ) / √[ (0.45 × 0.55) ] / 78

Z = -0.065384615 / 0.056330071

Z = -1.160740861

8 0

2 years ago

Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1,FVAD of $1 and PVAD of $1)

icang [17]

Answer:

Future Value= Present value(1+i)^n

1.Future Value=42,256

2. Future Value=26,862

3. Future Value=73,825

4. Future Value= 76,687

6 0

2 years ago

Adam Jones, the purchasing manager for ACME Corporation, is under suspicion for committing fraud. His superiors believe he is ac

pychu [463]

Answer:

ACME Corporation

Fraud Suspicion of Adam Jones:

1. Pre-admission-seeking Investigation Procedures:

Review the company's policies and procedures
Interview those who raised the suspicion to establish reasonable basis
Interview suppliers and vendors to determine facts
Decide if investigation was necessary in the light of company policies and preliminary findings
Plan the interview

2. Adam's initial reaction when confronted:

Adam would be defensive and try to deny the existence of such acts, especially when he is not sure that you have got some evidence against him.

3. Adam might try to cover his track when suspicion alert has been raised to his knowledge. He might contact the vendors and suppliers involved to ensure that they did not disclose any unfavorable information to the investigator. He might also engage in bluffing, that is trying to prove his innocence before the investigation proper.

4. I know this because I have dwelt with such reactions before.

Explanation:

In law, fraud is the deliberate misrepresentation of facts for the purpose of depriving someone of a valuable possession or enriching oneself.

8 0

2 years ago

Which of the following is true of external recruiting, compared to internal recruiting?

Mkey [24]

Answer:

The answer is E. The process takes longer

Explanation:

External recruitment is the process of announcing vacancies to the people outside ones organization while Internal recruitment is the process of announcing vacancies for the internal staffs only.

The process of external recruitment is usually longer and more expensive than internal recruitment. For example, payment to publish the vacancies in any national newspapers or payment for outsourcing company that specializes in recruitment.

Option A is wrong because external recruitment discourages employee loyalty.

Option B in incorrect because this is so for internal recruitment

8 0

2 years ago