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GREYUIT [131]
4 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]4 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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A monopoly is illegal:_____.
stiv31 [10]

Answer:

B

Explanation:

3 0
3 years ago
Middle management is the intermediate management level accountable to top management and responsible for leading lower level man
Dimas [21]

Answer:

Middle Management

Which is not a typical function:

Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.

Explanation:

Options:

1. Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

2. Middle managers are accountable to top management for their department’s function. They provide guidance to lower-level managers and inspire them to perform better.

3. Middle managers balance a functional or technical understanding of those who report to them with the interpersonal skills of a manager. This form of leadership requires a strong ability to communicate, mentor, train, hire, organize, optimize processes, and prioritize.

4. Middle-management functions generally revolve around enabling teams of workers to perform effectively and efficiently and reporting these performance indicators to upper management.

5. Middle management may be reduced in organizations as a result of reorganization. Such changes can take the form of downsizing," delayering," and outsourcing.

The last option (No. 5) is certainly not a function of middle management.  It is what happens to middle management during reorganization.

3 0
3 years ago
The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,00
Alex_Xolod [135]

Answer:$722,000

Explanation:

The over applied overhead of $8000 is deducted from cost of goods sold of $730,000.

3 0
3 years ago
Dividing responsibility among some of the team members is effective delegation
konstantin123 [22]

Answer:true

Explanation:

Because dividing tasks get more accomplished faster

5 0
3 years ago
It is week 1 and there are currently 20 As in stock. We need 300 As at the start of week 5. If there are scheduled receipts plan
makkiz [27]

Answer:

An order of 40 As should be placed at the start of Week 3.

Explanation:

In the current situation, the stock level at the end of each week is as follows.

Week 1: 20

Week 2: 20

Week 3: 20 + 120 + 140

Week 4: 140 + 120 = 260

We need 300 As at the start of Week 5 which means that under the current situation, there will be a shortage of 40 As. Hence, we need to order 40 As to make up for the difference.

We are informed that A has a lead time of 2 weeks. This means that we need to order the required 40 As at the start of Week 3 in order to have them in stock by the start of Week 5. If we order any earlier, we shall incur the unnecessary cost of holding extra stock.

Hence, an order of 40 As should be placed at the start of Week 3.

5 0
3 years ago
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