Markets are classified as either

If we look at the equation for money demand from Irving Fisher, which of the following statements is true?

Juliette [100K]

Answer:

The correct answer is option D.

Explanation:

The money equation given by Irving fisher is popularly known as fisher's equation.

The equation is given as MV=PT

Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.

The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.

P is the average price level and T represents the expenditures on all transactions or, in other words, output level.

Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.

There is no explicit mention of the interest rate in this equation.

So, option D is the correct answer.

6 0

3 years ago

Portal/site/MKTG-301-30-S1-2122/tool/Acdab 156 4646-412-6727.63abf7286271/e/delivery/deliver Assessment

Mekhanik [1.2K]

Answer:

this is the community his work about the system so he cannot ans this question sorry

3 0

1 year ago

The older term, social service, referred to advancing human welfare. The new term, meaning to provide for the needs of various p

Mazyrski [523]

Answer:

Social welfare

Explanation:

The term “social welfare” does not have a precise definition. Currently, social welfare refers to a wide range of activities and services by volunteers, non-profit organizations and governmental agencies providing help to needy persons unable to care for themselves; activities and resources designed to enhance or promote the well-being of individuals, families and the larger society; and efforts to eliminate or reduce the incidence of social problems

8 0

3 years ago

If a company pays an energy consultant just for a set period to complete a

Cloud [144]

This is true
........

8 0

2 years ago

Tim Urban, owner/manager of Urban's Motor Court in Key West, is considering outsourcing the daily room cleanup for his motel to

nlexa [21]

Answer:

Based on the given information related to costs for each of the options, the crossover point for Tim = 6,000 room nights (round your response to the nearest whole number). If the number of room nights is less than the crossover point, then OUTSOURCING (Duffy's Maid Service) is the best option available to Tim. Based on the given room nights that Tim expects to rent (18, 250), the best option is to keep doing the service INSOURCING (doing it himself).

Explanation:

Currently, before outsourcing, Tim's total cost = $228,125 + $61,000 = $289,125. On average, he spends $15.84247 per room.

The Duffy's Maid Service offer would represent a total cost of $337,625 + $25,000 = $362,625 for the same occupation level.

the crossover point for Tim:

12.5x + 61,000 = 18.5x + 25,000

36,000 = 6x

x = 6,000 room nights

(6,000 x 12.50) + 61,000 = (6,000 x 18.50) + 25,000 = $136,000

7 0

3 years ago