Answer: Varies directly with nominal Gross Domestic Product (GDP).
Explanation:
The Transactions Demand for money refers to money that is kept by individuals, companies and even the Government to be able to purchase goods and services.
It varies directly with Nominal GDP because Nominal GDP includes inflation.
If Nominal GDP were to rise for instance, it would mean that Inflation has risen as well which means that people would need more money to be able to buy the now more expensive goods and services. This is an increase in Transactions Demand for money.
The reverse holds true signifying indeed that Transactions Demand for money varies with Nominal GDP.
Answer:
Option C. $480,000
Explanation:
The reason is that the consideration (Services of memberships which has monetary value) of the contract to deliver the subscribers has been delivered by the Pemco Enterprise which was active their member account and let them enjoy the services which they provide so the sales would be the amount that the company is legally entitled to receive after delivering the consideration of the contract and is $480,000 ($260 * 2000 memberships).
The correct answer would be option D, grant a patent to a firm, giving it the exclusive right to produce a product.
Governments often have to potential to influence whether firms are monopolies leading. The government could influence the monopoly by granting patent to it, and giving it the exclusive rights to produce a product.
Explanation:
Patent is basically given rights to an investor to produce, design, or invent a product or service for a period of time. Patent gives the owner, rights to produce, design, innovate, sell, and use the product or service without the fear of competition in that particular product or service.
So when government wants to make monopoly of a firm in the country, it grants a patent to that firm, giving it exclusive rights to produce that product. For example, in Pakistan, WAPDA is the electricity provider, who has the monopoly in the country and is backed by the government.
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Answer:
the level of real GDP that exists when the economy is experiencing only frictional and cyclical unemployment.
Explanation:
Potential GDP output is the highest level of real GDP that an economy can achieve over a sustained period of time and at a constant inflation rate. Potential output is reached when the natural rate of unemployment exists.
Natural rate of unemployment = frictional + structural unemployment
An economy can temporarily reach an output level higher than potential, but it will cause a surge in the inflation rate that will soon lower real GDP.
Answer:
The correct answer is letter "D": Attempt to have employee diversity that reflects the diversity of the membership.
Explanation:
Firms could take advantage of the diversity of their employees since the more different workers are the likelihood of having a greater pool of expertise increases. However, employers must make sure that equal opportunities are given to all of them and not to be biased over one group specifically which could lead to discriminatory treats.
Therefore,<em> if diversity is intended to be implemented in a given group, it should represent the different memberships the group has which implies talking about individuals of different economic statuses, cultures, ethnicity, nationalities, gender, and race, just to mention a few features.</em>