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lawyer [7]
3 years ago
10

What is the velocity of money?

Business
1 answer:
AleksandrR [38]3 years ago
8 0

Answer:

The rate at which money circulates through an economy.

The velocity of money is 2.

Explanation:

The velocity of money is the rate at which money circulates in an economy. It can be defined as the rate at which money is exchanged or is used to purchase goods and services.

It is the number of times money changes hands or number of times money has been used in a given period of time.

According to the equation of exchange,

Nominal output

= Money\ supply\times Velocity\ of\ money

Velocity of money

= \frac{Nominal\ GDP}{Velocity\ of\ money}

= \frac{88,000}{44,000}

= 2

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Christian brought his proposal to Rita before the meeting saying, "I'm sure you have some ideas on this, and we could try to get
sveticcg [70]

Answer:

A. Consultation

Explanation:

Based on the information provided within the question it can be said that in this scenario Christian is using a consultation influence tactic. This is an influence tactic designed in order to get the other individual to participate in planning, making decisions, and changes by asking very specific questions. Which is what Christian is doing by basically asking if she had any ideas, which she most certainly had and would influence her to get involved.

3 0
4 years ago
_____________A measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. It co
Fantom [35]

Answer:

consumption utility

Explanation:

Consumption utility is a measurement of how much you like a product or service, ignoring the effects of price and its inconvenience. Consumption means using up of utilities. For example – when we take a glass of water to quench our thirst, we are said to consume water.  Whenever we make use of any commodity or service for the satisfaction of our wants, the act is called consumption.  Therefore, by consumption we mean the satisfaction of our wants by the use of commodities and services. Economic analysis of household behavior is based on the assumption that people seek the highest level of utility or satisfaction. Individuals are the only judge of their own utility. In general, greater consumption of a good brings higher total utility. However, the additional utility received from each unit of greater consumption tends to decline in a pattern of diminishing marginal utility.  The utility-maximizing choice on a consumption budget constraint can be found in several ways .

8 0
4 years ago
Hula’s Heavyweights, Inc., is a company that manufactures forklifts. During the year, Hula’s purchased $1,450,000 of direct mate
ki77a [65]

Answer:

Ending Inventory = $ 270,000

Explanation:

<u>Hula’s Heavyweights, Inc.</u>

<u>Forklifts Manufacturers</u>

<u>Ending Balance In Inventory Account</u>

Hula's beginning Balance                   = $ 320,000

<u>Add Direct Materials Purchased =       $ 1,450,000</u>

Material Available for use=                   $ 1770,000

<u>Less Direct  Material issued for production = $ 1500,000</u>

<u>Ending Balance  in Inventory  Account = $ 270,000</u>

<u></u>

<u>The ending inventory of Hula's Heavyweight , Inc., is $ 270,000</u>

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3 years ago
A form of economic organization that relies primarily on private ownership of productive assets, freedom of exchange, and market
Sedaia [141]

capitalism.

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<h3>An economic system is what?</h3>

A government or community can utilize an economic system as a tool to plan and distribute resources, services, and products across a region or country. Economic systems are in charge of the production factors like labor and capital.

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4 0
2 years ago
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
Sauron [17]

The correct answer is A) alignment.

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This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0
3 years ago
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