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andrew-mc [135]
3 years ago
9

When the price level changes, which of the following variables will change and thereby cause a change in the aggregate quantity

of goods and services demanded?
a. the real value of wealth
b. the interest rate
c. the value of currency in the market for foreign exchange
d. All of the above are correct.
Business
1 answer:
jok3333 [9.3K]3 years ago
5 0

Answer:

The correct answer is option d.

Explanation:

When there is an increase in the price level, the purchasing power of money decreases. People will need more amount of money to purchase the same level of goods. This will reduce the real value of wealth.  

When the purchasing power decreases and people need more amount of money to purchase the same level of goods, the demand for money will increase. This will cause the interest rate to rise as well.  

As the price level increases, domestic goods become relatively expensive. This will cause the export demands to decline. So the demand for domestic currency will also decline. This will further cause the value of currency to depreciate.

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Vinvika [58]

Answer:

The conception of man as an economic animal is implied by the view that economic production is the determining “factor” or “sphere” of man or society. Against this conception can be put another, that of man as praxis. This takes account of man as a creative being, capable of realizing his freedom through his own activity. In this article the theory of the determining role of the “economic factor”, and the theory of factors in general have been examined. The economic interpretation of history, a variant of the theory of factors, has been acknowledged as partly true for the self‐alienated man and society, but the theory of factors in any variant has been found inadequate as a general theory of man, or society. The possibility of freedom cannot be reduced to the fact that the determining roles played by “factors”, vary, or to the hope that the economic “factor” can be subordinated to a “better” one. Man's freedom consists in his resolving the conflict of “factors”, and in realizing himself as an integral creative being, no longer split into independent and mutually opposed spheres.

Explanation:

that should help

5 0
2 years ago
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil
8090 [49]

Answer:

$16,667

Explanation:

Given that

Cash flows = $1,000

Growth rate = 6%

Interest rate = 12%

So by considering the above information, the amount would be

Amount = Cash flows ÷ (Interest rate - growth rate)

= $1,000 ÷ (12% - 6%)

= $16,667

We simply applied the above formula so that the amount could come by considering the given information

3 0
3 years ago
Alice Copper has wages of $120,000 and dividend income from a mutual fund of $5,000. She has allowable itemized deductions of $9
Alexeev081 [22]

Answer:

$112,600

Explanation:

Calculation for What is the amount of Alice's Taxable Income

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Add Dividend Income $5,000

Adjusted Gross Income $125,000

($120,000+$5,000)

Less Standard Deduction(Single and no dependents) ($12,400)

Taxable Income $112,600

($125,000-$12,400)

Therefore the amount of Alice's Taxable Income will be $112,600

4 0
3 years ago
HELP BUSINESS ENGLISH!
yulyashka [42]
I believe the answer should be C. autonomy.
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3 years ago
Which non-income factor for a potential job would influence a person who needs to be
Masja [62]

Answer:

The non-income factor for a potential job which would influence a person who needs to be  available to drive children to and from school and activities is:

O Independence.

Explanation:

Independence, obtained through as a self-employed person or as an independent contractor, enables the worker to be available to drive her children to and from school and their various school-related activities.  The working hours of a self-employed person or an independent contractor are largely self-determined.  She can also choose appropriate location for her business office.

4 0
3 years ago
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