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erik [133]
3 years ago
13

There are fundamentally two possible changes in an economy that will each cause inflation unless other compensating changes also

occur. These changes are either reductions in the supply of goods and services or increases in demand. In a pre-banking economy the quantity of money available, and hence the level of demand, is equivalent to the quantity of gold available.
If the statements above are true, then it is also true that in a pre-banking economy

(A) any inflation is the result of reductions in the supply of goods and services

(B) if other factors in the economy are unchanged, increasing the quantity of gold available will lead to inflation

(C) if there is a reduction in the quantity of gold available, then, other things being equal, inflation must result

(D) the quantity of goods and services purchasable by a given amount of gold is constant

(E) whatever changes in demand occur, there will be compensating changes in the supply of goods and services
Business
1 answer:
sdas [7]3 years ago
8 0

Answer:

If the statements above are true, then it is also true that in a pre-banking economy:

  • B) if other factors in the economy are unchanged, increasing the quantity of gold available will lead to inflation.

In a pre-banking economy, the quantity of gold equals the demand for gold. So if the quantity supplied of gold increases, we will increase the demand for gold. When the demand for money increases, both interest rates (not applicable here) and inflation rate increases.

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Coronado Industries is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures w
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Answer:

Coronado Industries

The weighted-average accumulated expenditures are:

= $8,388,333.

Explanation:

a) Data and Calculations:

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Outstanding 11% 3-year note payable = $6,350,000

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Date               Expenditure      Weight     Weighted-Average

                                                                       Expenditure

March 1          $6,370,000         10/12                $5,308,333

June 1            $5,280,000          7/12                  3,080,000

December 31 $8,650,000         0/12                    0

Weighted-average accumulated expenditure $8,388,333

7 0
2 years ago
Jell and dell were partners with capital balances of 600 and 800 and an income sharing ratio of 2:3. They admitted zell with a 3
wel

Answer: $900

Explanation:

The Total Capital of the company before Zell was admitted was;

= Capital balances + Goodwill

= 600 + 800 + 700

= $2,100

If they admitted Zell in with a 30% interest, this means that the $2,100 is equivalent to 70% of the company's capital.

If that is the case then Total capital is;

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= $3,000

Zell's contribution is;

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4 0
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A :locate a vendor

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you can fill vendor fields on the purchase invoice in two ways depending on whether the vendor is already registered .

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3 years ago
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The marketing plan simply means strategy used by organizations or companies to market their products and services to the customers.

As it pertains to the marketing plan, understanding the causes of performance, regardless of whether that performance exceeded, met, or fell below the firm's goals is important because it enables firms to make appropriate adjustments.

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