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Mama L [17]
3 years ago
14

Suppose monetary neutrality holds and velocity is constant. A 5 percent increase in the money supply increases the price level b

y less than 5 percent. increases the price level by more than 5 percent. increases the price level by 5 percent. does not change the price level.
Business
1 answer:
Alex73 [517]3 years ago
4 0

Answer:  Increases the price level by 5 percent

Explanation:

Monetary Neutrality is a theory in Economics that posits that when there is a change in money supply in an economy, the only variables affected are the nominal ones like price level and wages and Real variables like GDP and employment are not affected.

It holds that when there is an increase in money supply, there is an equivalent increase in Price level as well because the value of money has fallen by the rate of the monetary increase. The Price level rising at the same rate is to compensate.

A 5 percent increase in the money supply will therefore increase the price level by 5 percent.

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Yurman Co. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or th
Ksju [112]

Answer:

$660,000

Explanation:

Relevant data provided

During 2017 = $200,000

During 2018 = $320,000

During 2019 = $140,000

As per the given question the solution of Amount to be reported as unearned service contract revenues is provided below:-

Amount to be reported = During 2017 + During 2018 + During 2019

= $200,000 + $320,000 + $140,000

= $660,000

To reach  amount to be reported as unearned service contract revenues we simply put the values into formula.

8 0
3 years ago
Briefly explain what the term "balance of trade" refers to from a macroeconomic perspective and include a brief description of h
Gwar [14]

Answer:

In a macroeconomic perspective, the balance of trade (BOT) simply refers to the difference between the value of the imports and exports of a country. In measuring the relative strength of a country's economy, economists make use of the balance of trade. Also, in considering the balance of payments, the balance of trade is the largest component considered.

In balance of trade, TRADE DEFICIT and TRADE SURPLUS are usually considered in relation to their import and export activities

The Trade Deficit results when a country imports more good and services than it exports. While the Trade Surplus results when a country exports more goods and services than it imports.

Since 1976, the United States had a trade deficit. This was as a result of their dependency on oil imports and consumer products. While since 1995, China which produces and exports many of the world's consumable goods has recorded a trade surplus.

When trade deficit occurs, countries affected borrow money to pay for their goods and services but when trade surplus occurs in a country, such country lends money to deficit countries.

Formula for BOT = Total Value Of Imports minus (➖) Total value of exports.

5 0
3 years ago
Read 2 more answers
A customer alleges wrongdoing on the part of a registered representative and files a complaint with the broker/dealer. The broke
Luden [163]

Answer:

D) II and IV

  • The settlement must be disclosed on the RR's U-4 for the remainder of the RR's career in the financial industry.
  • The record of the settlement must be made public on the FINRA website

Explanation:

Since the dispute was over a $15,000 amount, the settlement must be recorded using the registered representative's U-4, section 14 I, section 2. This disclosure must contain the information regarding the incident that lea to the settlement and whether the complaint was written or oral. This information must also be uploaded to the FINRA website under the broker check section which includes all the customers' complaints.

7 0
3 years ago
A magician's goal is to get the audience to focus on one aspect of his demonstration while he manipulates another. this is easy
maksim [4K]
Children are easily fooled by magicians and are easy for them to do their tricks because a child couldn't use their logic skills for they are still young. Because of it, they couldn't think of any reason of how the trick has occur, but rather, they are amazed on how it has been done by the magician. Making it easier for the magicians to do their tricks to children.
8 0
3 years ago
A contract is said to be implied if the A. Seller signs a listing agreement B. Buyer signs a buyer representation agreement C. p
TiliK225 [7]

Answer:

D. agreement of the parties is demonstrated by their acts and conduct

Explanation:

An implied contract is a contract that exists based on the actions of those involved. Though it is not a written or spoken contract, it is just as legal. A contract is assumed to exist based on the behaviors of the parties to it.

8 0
3 years ago
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