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The view that anticipated changes in the money supply will have no effect on the economy's output would most likely be a proposition of <u>quantity theory</u>.
In monetary economics, the quantity theory of money (regularly abbreviated as TQM) is one of the directions of Western monetary concepts that emerged within the sixteenth-17th centuries.
The TQM states that the general price degree of goods and offerings is at once proportional to the amount of money in the stream, or money delivers. As an example, if the amount of cash in an economy doubles, TQM predicts that fee ranges will also double.
The principle turned into firstly formulated via Renaissance mathematician Nicolaus Copernicus in 1517, and become influentially restated by means of philosophers John Locke, David Hume, and Jean Bodin. The idea experienced a massive surge in popularity with economists Anna Schwartz and Milton Friedman's book A monetary history of the US, posted in 1963.
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<span>69 calendars.
The cost of N calendars is
C = F + MN
where
C = Total cost
F = Fixed costs
M = Marginal cost per item
For this problem, the Fixed costs is the $400.00 given plus the cost of labor at $50 for 4 hours, for an additional $200. Making the total fixed costs being $400 + $200 = $600. The marginal cost are $1.00 + $2.00 + $0.25 = $3.25. So we have:
C = $600 + $3.25N
Now the money that will be received will be the sale price of the calendar multiplied by the number sold. So
P = $12.00N
Since we're looking for the break even point, let's set an inequality for these two equations, then solve for N.
$600 + $3.25N <= $12.00N
$600 <= $8.75N
68.57142857 <= N
Since a fractional calendar can't be sold, the artist needs to sell at least 69 calendars to break even.</span>
In the event a creditor receives funds or assets in the 90-day period prior to the filing of a bankruptcy petition by the company, the court has the power to require the return of such funds or assets. this is known as a <u>Clawsback .</u>
A clawback is a contractual provision that requires an employee to return money already paid by an employer, sometimes with a penalty. Clawbacks act as insurance policies in the event of fraud or misconduct, a drop in company profits, or for poor employee performance.
<h3>What does clawback mean in accounting?</h3>
Clawback is a provision under which money that's already been paid out must be returned to the employer or the firm. This is a special contractual clause, used mostly in financial firms, for money paid for services to be returned under special circumstances or events as stated in the contract
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Answer:
<em>Inferior Good
s</em>
Explanation:
The inferior good is <em>an economical term used to describe a product that falls in popularity when the income of individuals increases.</em>
It arises whenever a product has far more expensive alternatives that see rising demand as profits and boosting the economy.
Inferior goods, which are the opposite of normal goods, are any products that a customer might need less if they had a greater real income level. College food like ramen noodles, most tin products fall under the inferior goods category.
