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Novay_Z [31]
3 years ago
12

In the kingdom of Guttenberg, they’ve decided it’s a good idea to use more currency bills so as to give work to the printing ind

ustry. Hence, overnight there is an announcement that every price will increase by a factor of 2: things that were $1 are now $2 and things that were $10 are now $20. Which of the following will change?
1. Output, Y
2. The real wage rate
3. The interest rate
4. The price level P
5. The nominal rental rate of capital R
Business
1 answer:
KatRina [158]3 years ago
5 0

Answer:

4. The price level P 

Explanation:

The price level would double. Goods and services would now be twice as expensive.

This is known as a nominal increase because the increase is not accompanied with increase in output.

I hope my answer helps you

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Aggregate demand shifts right if a. government purchases increase and shifts left if stock prices rise. b. government purchases
max2010maxim [7]

Answer:

The correct answer is option b.

Explanation:

Aggregate demand represents the overall demand of goods and services in the economy in a year. It is comprised of consumption spending, investment, government spending, and net exports.

An increase in the government spending will increase the aggregate demand, so the aggregate demand curve will shift to the left.

A decrease in the stock prices, on the other hand, will cause the aggregate demand to fall, shifting the curve to the left. This happens because decrease in stock prices causes the wealth of the investors to decline. The consumer spending decreases and so does aggregate demand.

8 0
4 years ago
​Quince, Inc. uses a process costing system. It prepares a production cost report for each processing department.
Mandarinka [93]

Answer:

It will be used to determine the balance of inventory accounts

Explanation:

A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:

  1. raw materials inventory,
  2. work-in-progress inventory,
  3. finished goods inventory, which would be dependent on how far towards completion the product is.
7 0
3 years ago
Oliver Is a small manufacturing business owner. He has a limited number of employees working under him. He usually helps his emp
Aleks04 [339]

Answer:

Confidence

Explanation:

For example, if you want to be a good student be confindent because one day you will succeed,  Oliver has confindence knowing he can help his empolyees.

4 0
3 years ago
Meredith is stuck in the airport on a long layover while traveling for work. She sees two Wi-Fi’s she can log onto: one says Air
KATRIN_1 [288]
<span>Meredith should first try to log in to Airport Wi-Fi if she has the credentials as this Wi-Fi would be more secure and therefore more desirable for paying bills as this is a sensitive transaction that may expose her personal information to identity theft. However, most regular passengers at the airport may not have the credentials t log into the airport Wi-Fi and this is why the airport makes a free Wi-Fi service available to customers. However, Meredith should be aware that anyone will have access to the free Wi-Fi and therefore signing on to that Wi-Fi can put her personal data at risk.</span>
6 0
4 years ago
Bill manages the quality department. His people check parts made by the production departments to assure all specifications are
densk [106]

Answer:

B. a staff manager

Explanation:

A staff manager is in charge of a revenue consuming department in an organization. He or she is in charge and supervises the employee in that department. Examples of revenue consuming departments include accounting, human resources, and customer service. The main role of staff managers is to keep employees motivated, well-informed, engaged,  and focused.

Staff managers form an important link between employees and top management. Even though they don't make operating decisions, they help in the decision-making process by providing information and guidance. Unlike the line managers, the staff managers do not have directs control of employees, neither are they engaged in managing the day to day business operations of the organization.

6 0
3 years ago
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