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viva [34]
3 years ago
5

30-3. At the end of 2009 the relevant money-supply curve was the one labeled MS1. At the end of 2010 the relevant money-supply c

urve was the one labeled MS2. Assuming the economy is always in equilibrium, what was the economy’s approximate inflation rate for 2010?

Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer: c. 50%

Explanation:

I included a picture of the question to show you the rest of it as it is in graph form.

We can use the Quantity Theory if money to answer this.

It holds that MV = PY

M = quantity of money,

P = the price level,

Y = total output

V = velocity,

According to the theory, a change in M would lead to a change in P if V and Y are held constant.

Inflation would therefore be the change in M in percent.

= 15000 - 10 000 / 10 000

= 0.50 * 100

= 50%

Please do react or comment if you need clarification on anything or if the answer helped you. This would help other users as well. Thank you.

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Dixon Construction Company was awarded a contract to construct an interchange at the junction of U.S. 94 and Highway 30 at a tot
Ostrovityanka [42]

Answer:

The Journal entries are as follows:

(i) Construction in progress A/c Dr. $5,104,000

                    To cash A/c                                      $5,104,000

(To record the construction costs)

(ii) Accounts receivables A/c Dr. $2,980,000

              To billings A/c                                    $2,980,000

(To record the progress billings)

(iii) Cost of goods sold A/c Dr. $5,104,000

Construction in progress A/c Dr. $1,740,000

             To revenues A/c                                $6,844,000

(To record the revenues)

Workings:

Revenues :

= (Cost incurred to date ÷ Expected costs to complete) × Contract value

= ($5,104,000 ÷ $8,800,000) × $11,800,000

= 0.58 × $11,800,000

= $6,844,000

5 0
3 years ago
What is marketing myopia? What is short term and long term implications for business in this situation?
Marizza181 [45]

Answer:

you could easily look that up

Explanation:

7 0
2 years ago
Rick's manager, Susan, called him into her office one afternoon to discuss his annual evaluation. As soon as Rick sat down, Susa
aev [14]

Answer:

The answer is: meta-communicate that she was joking

Explanation:

Meta-communication is affected by the stimuli, so the verbal communication can have a different meaning.

One message accompanied by different meta-communication can mean totally different things, for example an irony.

When Susan winked at Rick (Susan meta-communicated by winking) her words meant the opposite.

7 0
3 years ago
The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones
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Answer:

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the profit motivate anyone to make their own businesses

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What results when consumers become apprehensive about their job security and their financial security?
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<u>After consumption spending</u><u> results when consumers become apprehensive about their job security and their </u><u>financial security.</u>

What happens to the price level as a result of an increase in spending ?

  • As the average price level falls¸ consumers have more financial wealth and decide to increase spending.
  • As spending increases, there will be upward pressure on the price of inputs including wages.
  • As the marginal cost of production rises, businesses start to increase prices as they attempt to produce more.

What happens to the level of unemployment because of the increased spending?

  • The higher spending causes businesses to raise prices. The economy returns to full employment at a higher price level.
  • If the economy is left alone, the increased unemployment will eventually cause wages to fall and the economy will return to full employment at a lower price level.

What are the effects of unemployment essay?

  • Effects of unemployment include over exploitation of available labor, reduced rate of economic growth, reduced human capacity, loss of human resources and increase in poverty levels .
  • One positive effect of unemployment is the availability of adequate labor at reduced market prices.

Learn more about The higher spending

brainly.com/question/15511088

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5 0
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