1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alchen [17]
3 years ago
11

The monetary base and the money supply are expected to grow at a constant rate of 20% per year. Inflation and expected inflation

are 20% per year. Suppose that bank reserves and currency pay no interest, all currency is held by the public, and bank deposits pay no interest. What is the cost to the public of the inflation tax?

Business
1 answer:
kenny6666 [7]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase r
alekssr [168]
Bonjour,

perpetual & periodic
8 0
2 years ago
Liquidity refers to Group of answer choices the ease with which an asset is converted to the medium of exchange. the measurement
Pani-rosa [81]

Answer:

The correct answer is letter "A": the ease with which an asset is converted to the medium of exchange.

Explanation:

The liquidity of an asset reflects the ease with which it can be transformed from investment to cash. Liquid assets are those that can be transformed easily to cash and see little or no difference in the value of the assets when transformed. Illiquid assets are more difficult to convert and can result in a major decrease in value once converted.

6 0
3 years ago
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Iteru [2.4K]

Answer:

Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.

8 0
2 years ago
Definition of a corporation, two examples. LOTS OF POINTS.
Andrei [34K]
The dictionary definition of a corporation is "<span>a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law." So basically a company that has been given the legal rights of a person. Examples of this would be Google, or Burger King because they are given these legal rights by the government.</span>
7 0
3 years ago
In 2020, Theo, a single taxpayer, operates a sole proprietorship in which he materially participates. His proprietorship generat
tekilochka [14]
FIEJFIE GIEDEIJF EKEE DE E FIR FIE FID FIE DIW AODNF F
4 0
2 years ago
Other questions:
  • HURRY PLZ LOTS OF POINTS!!!!!!
    7·2 answers
  • The capital structure weights used in computing a company's weighted average cost of capital: Multiple Choice depend upon the fi
    13·1 answer
  • Cold Duck Airlines flies between Tacoma and Portland. The company leases planes on a year-long contract at a cost that averages
    13·2 answers
  • You can buy a car that is advertised for $24,600 on the following terms: (a) pay $24,600 and receive a $4,600 rebate from the ma
    11·1 answer
  • What is a type of short-term financing that consists of unsecured promissory notes that mature in 270 days or less? Multiple Cho
    5·1 answer
  • The predetermined manufacturing overhead rate for 2020 was $4.00 per direct labor hour; employees were paid $5.00 per hour.
    15·1 answer
  • Who controls the flow of information in the business process
    10·1 answer
  • A basic objective of a CPA firm is to provide professional services that conform with professional standards. Reasonable assuran
    7·1 answer
  • For a plaintiff to establish that he or she has standing to sue, the plaintiff must allege ________.
    11·1 answer
  • Corina has added animations to objects on a particular slide within a presentation. She needs to reorder the animations. How sho
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!