Answer: Option (A) is correct.
Explanation:
Given that,
Money supply increases (M) = 12 percent
Velocity decreases (V) = 4 percent
Price level increases (P) = 5 percent
Real GDP (Y) = ?
According to the quantity theory of money,
Percent Change in M + Percent Change in V = Percent Change in P + Percent Change in Y
12% - 4% = 5% + Percent Change in Y
Percent Change in Y = 8% - 5%
= 3%
Therefore, change in real GDP must be 3%.
<h3>I hope it is helpful for you ......</h3>
To be able to make a gross margin of around $32000, the total sales must be around $32,324.
<h3>What is gross margin?</h3>
Gross margin is the total amount of cost benefitted by the sales revenue and the cost derived for the goods being sold. As per the information given above, the total sales calculation will be as $32,324.
Putting the value of total sales in the given formula, the gross margin is $32,000 when the cost of goods being sold has increased by around 1 percent.
Hence, the gross margin will be $32000 when the total sales will be $32,324 and the costs of sales increases by one percent.
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Answer:
There are multiple theories, nobody can be 100 percent sure how but here are 2 main theories:
Explanation:
-Lightning strikes a nearby tree, which catches fire. Frightened but inspired, these cavemen venture out, bring burning sticks back into their cave and learn to use fire.
-They may have used pieces of flint stones banged together to created sparks. They may have rubbed two sticks together generating enough heat to start a blaze.
Answer:
Appropriate funds for social programs <u>SHARED POWER</u> ⇒ THERE ARE BOTH FEDERAL AND STATE SOCIAL PROGRAMS, AND EACH ONE GATHERS FUNDS FOR THEM
Construct a new highway <u>SHARED POWER</u> ⇒ BOTH STATES AND THE FEDERAL GOVERNMENT CAN BUILD HIGHWAYS
Redesign and print the hundred-dollar bill <u>FEDERAL POWER</u> ⇒ ONLY THE FEDERAL GOVERNMENT CAN PRINT MONEY
Determine the requirements to receive a driver's license <u>STATE POWER</u> ⇒ STATE GOVERNMENTS DETERMINE THE REQUIREMENTS FOR ISSUING DRIVING LICENCES, E.G. AGE
Raise taxes <u>SHARED POWERS</u> ⇒THERE ARE FEDERAL, STATE AND MUNICIPAL TAXES, AND EVERY GOVERNMENT LEVEL DETERMINES THEIR OWN TAX RATES.
Negotiate a trade agreement with the European Union <u>FEDERAL POWERS</u> ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.
Explanation:
