Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.
<h3>What is the long-run inflation rate?</h3>
This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP
Can also be written as:
% change in M + % change in V = % change in P + % change in Y
Solving gives:
3% + 0 = P + 3%
P = 3% - 3%
= 0%
The price level is to increase by 0% which means that inflation is 0%.
Find out more on the Quantity theory of money at brainly.com/question/26370040.
The channels through which advertising is carried to prospective customers are advertising is: advertising media.
<h3>What is advertising?</h3>
Advertising can be defined as the way of creating product awareness so as to generate sales.
Hence, Advertising media tend to play an important function when it comes to creating product or brand awareness based on the fact advertising media is a channels through which advertising is carried to prospective customers.
The complete question is:
The channels through which advertising is carried to prospective customers; includes newspapers, magazines, radio, television, outdoor advertising, direct mail, social media, and the internet.
Learn more about advertising here:brainly.com/question/1658517
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Using the 20/10 rule: you should never borrow more than 20% of your annual net income and monthly payments shouldn't be more than 10% of your monthly net income.
In this situation, we know the yearly net income is $75,000.
First we want to multiply 20% by $75,000 = $15,000
$15,000 is 20% of your yearly net income.
This would be the most you'd want to borrow given the information provided.
The answer in the space provided is the mutual benefit
organizations as this is the one responsible of advancing the members’
interests in which is a voluntary collective. This is an organization or
corporation that are non profited and are being established in ways that will
be of benefit to the people involved.
