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3 years ago

According to the classical dichotomy, when the money supply doubles, which of the following also doubles?

Business

1 answer:

masha68 [24]3 years ago

7 0

Answer: Option (C) is correct.

Explanation:

Correct option: The price level and nominal wages.

According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.

A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.

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What is the minimum requirement to enroll in an open college?

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Answer:

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Tema [17]

Answer:

Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

Explanation:

For calculating the present value, all the cost and revenue will be considered.

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Less: Cost = 10 million $\times$ $6 = $60 million

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In case of introducing new chips

Revenue will be as follows

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Since net revenue has increased from $140 million to $246 million = $106 million by considering all costs thus all the costs and revenue shall be considered.

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3 years ago

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Fittoniya [83]

Answer:

D. $952

Explanation:

The computation of the net income in the case when the LIFO is elected

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Answer:

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