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Gnom [1K]
3 years ago
11

Irving Fisher took the view that the institutional features of the economy which affect velocity change ________ over time so th

at velocity will be fairly ________ in the short run.
A) rapidly; erratic
B) rapidly; stable
C) slowly; stable
D) slowly; erratic
Business
1 answer:
9966 [12]3 years ago
8 0

Answer:

C) slowly; stable

Explanation:

Velocity is defined as the rate of turnover of money.

Velocity = Nominal aggregate income / money supply

Irving Fisher posited that the factors that affect velocity are institutions that impact how transactions are conducted. According to him, institutional factors that affect the velocity of money change slowly. Therefore, in the short run, velocity is fairly stable.

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When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggre
Colt1911 [192]

Answer:

Nominal salaries decrease and the short term aggregate goes up to the right.

Explanation:

Companies normally make decisions about the amount of supplies in which they invest according to the profits that they expect to obtain in the future according to the variables of their economic activity. The profits for the company will be also determined by the price of the products or services the company trades and the price of the supplies necessary for such activities.

6 0
4 years ago
Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one
Andreyy89

Answer: Is advertising influencing her?

What are her motivations?

Has she compared prices?

Is she buying at the right time?

Explanation:

The questions that she should consider before she buys the jacket include:

• Is advertising influencing her?

• What are her motivations?

• Has she compared prices?

• Is she buying at the right time?

Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.

3 0
3 years ago
5) On July 12, Reliable Repair Service extended an offer of $150,000 for land that had been priced for sale at $185,000. On Sept
elixir [45]

Answer:

The price should be recorded as $167,500

Explanation:

As per the accounting principles, assets should be recorded at the price they were paid for. In case of a purchase, the accountant should record in the books the amount the company paid to acquire the asset. For sales, the amount received from the buyer is the figure to be recorded in the books.

For Reliable Repair Service, there were different prices quoted, but the buyer paid $167,500. It means the company sold the land for $165,000. This is the amount that should be recorded in the books.

5 0
3 years ago
Monetarists would expect a tax cut to have a strong effect on output only if the spending increase was
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Do you have an answer choic e
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4 years ago
According to the five forces of the Porter's model, the organization of an industry can be analyzed in terms of its structure, c
Rudik [331]

Answer:

The five forces in an industry, among which are the negotiation power with suppliers, the negotiation power with customers, the relationship with substitute products and competition in the market rivalry between companies. At the level of structure, function and performance we can say that the environment can be analyzed in the following way, for example, structure, we can know how the market is composed, how many competitors we have, many opportunities we have within the existing market, if substitute products They have the same structure as us. The size of the company that can compete with us in the level of performance that you can see in your competitors or rivals from an economic point of view, that is, high income generates the company and if we are at a competitive advantage or disadvantage.

3 0
3 years ago
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