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.
Consumer decision making is a process that has 5 steps. The first step is the consumer recognition of the need they need to satisfy. It is termed as the basic step since one cannot look for money to satisfy a need that they have not first recognized.
The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.
Answer:
The company's earnings per share is $ 4.
Explanation:
EPS earning per share is an indicator widely used by investor of stock market in order to determine market value of their investment. EPS is directlty proportional to stock price.
EPS is calculated by dividing net income with outstanding common shares.
EPS = Net income/ outstanding common shares
EPS = 34,000/8,500 = $ 4
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