Answer:
The answer is: True
Explanation:
First of all, the classical dichotomy in economics assumes that real variables of the economy such as output of goods and services and real interest rates are not influenced by what happens to their nominal counterparts, such as the monetary value of output and nominal interest rate. It doesn´t consider inflation or the nominal supply, in other words money supply is neutral in the economy (because its value is adjusted to inflation).
The real problem with this theory, at least in the short run, is that in real life money supply, interest rates and inflation do affect the GDP of a country. When the money supply of an economy is increased then aggregate demand also increases. More money equals more demand. That happens because the prices of goods and services doesn´t adjust as fast as a change in the money supply. Also this theory doesn´t consider the monetary circuit theory about money being "created" by the banking system every time a loan is made.
Answer:
High
Low
Explanation:
When a company borrows funds it has opportunity to avail tax shield on the interest amount of the borrowing fund. If the company borrows more fund then the discounted value of tax shield will increase while the financial distress cost will decrease.
Keeping the paint away from an open flame.
<span>While all professional sport seem to have a rising fan cost index the NFL has the highest with a fan cost index of $473 per fan. Making it more than double the average fan cost of the MLB and about $100 more than the NBA and NHL.</span>
Screen shot or take picture and make it an attachment to the duration
