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GREYUIT [131]
3 years ago
11

As president of​ Econivalia, you are constantly strained for funds to pay your troops. Your chief economist suggests the followi

ng​ plan: ​"When you collect your tax payments from your​ residents, insist on being paid in gold coins. Take those gold​ coins, melt them​ down, and remint them with an extra 15 percent of copper thrown in. You will then have 15 percent more money than you started​ with."
Which of the following is a potential problem with the​ plan?
a. This will increase the money supply and cause inflation to increase over time.
b. Even if troops are unaware of the scheme, the plan will work only temporarily until the increase in money creates inflation.
c. If troops are aware of the plan, they will demand 15% more coins for their wages, which will increase inflation immediately.
d. All of the above are problems with the plan.
Business
1 answer:
barxatty [35]3 years ago
5 0

Answer: All of the above are problem with the plan.

Explanation:

If a Government rapidly increases the money supplied into an economy, it leads to inflation.

This is because as the citizens of a country get more money at a very short interval, they would tend to demand for more items in the market, the increase in demand would directly lead to an increase in price which is an inflation.

Therefore minting extra money may pay the soldiers but negatively affect the economy as price of commodities would increase.

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When customers buy computers at Maalik's store, he offers a service package at a discounted rate. Additionally, he has an ongoin
salantis [7]

Answer:

Impacting his clientele base with increased profitability and to extend the duration of customer relationships.

Explanation:

Maalik is focused on improving customer relationship management, impacting the profitability of existing customers and extending the duration of customer relationships by offering a service package at a discounted rate and a promotion that allows customers to trade in their old computers for new ones at much lower prices than his competitors can offer.

6 0
3 years ago
Voiles Company reissued 200 shares of its treasury stock. The treasury stock originally cost $25 per share and was reissued for
Naddika [18.5K]

Answer:

The correct option is A,A. 7,000 = NA + 2,000 - (5,000) NA - NA = NA 7.000 FA

Explanation:

By issuing the treasury stock ,asset,cash to be precise increases by $7000($35*200) which implies a debit to the asset ,hence the $7000 seen on the left hand-side of the equation.

This transaction has no liability impact,as a result liabilities is denoted NA,not applicable.

The par value of the treasury is to be credited to treasury stock with $5,000($25*200).

Lastly the difference between the par value and the issue is credited to paid-in capital from treasury stock i.e($35-$25)*200))=$2000,this is depicted by $2000 in the equation

5 0
3 years ago
If country A exports $10 billion worth of goods to country B and imports $8 billion worth of goods from country B, then country
mr_godi [17]

Answer:

b. $2 billion trade surplus with country B.

Explanation:

When a country exports more than it imports, it is said that the country has a trade surplus. On the other hand, when a country imports more than it exports, it is said that the country has a trade deficit.

In this case, exports to country B are worth $10 billion which are larger than the $8 billion of imports from country B. Country A's trade surplus is given by:

S = \$10-\$8\\S=\$2\ billion

Therefore, the answer is alternative b.

6 0
3 years ago
During the interview, hiring manager Manuel openly discussed both the negative and positive aspects of the job with the applican
mylen [45]

Answer:

realistic job preview

Explanation:

A realistic job preview serves to show real life situations that candidates may face if they are chosen to cover open positions. This approach can be used to show the important aspects and required skills necessary to perform the job's tasks. As a human resource tool, this approach increases new employees' commitment and actually help to lower churn rate.

3 0
3 years ago
Hal Gore won a $1 million prize for special contributions to environmental research. This prize is awarded for public achievemen
Vikki [24]
I think the answer is A
7 0
3 years ago
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