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allsm [11]
3 years ago
13

The condition of fully flexible wages and prices was assumed by

Business
1 answer:
nignag [31]3 years ago
8 0
The answer to this question is <span> B) the classical economists.
Classical economist based their assumptions on the view that market will always find a way to regulate itself without any external intervention.
In reality, many private establishments often exert their power to control a specific resource in the market in order to rake in more profit (such as what monopolist do)</span>
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In a small open economy, if consumer confidence falls and consumers decide to save more, then the real exchange rate:______. a.
bulgar [2K]

Answer:

D. Falls, and net export rises.

Explanation:

When consumers decide to save more in a given economy due to consumer's confidence falling, the net export rises as producers and sellers would seek alternative measures in trying to sell their goods and services. So they begin to export their goods and services in order to offset the decrease in demand for that good or service locally.

Also, real exchange rate will also fall. This is as a result of increase in exportation and reduction in the prices of export.

3 0
3 years ago
John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reser
IRINA_888 [86]

Answer:

John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.

Explanation:

Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.

If the bank does not lend the money, then the money supply will not change.

3 0
3 years ago
Which of the following explains why a company’s book value as reported in the balance sheet may not equal the company’s market v
kondaur [170]

Answer:  "I. Many assets are measured at their historical cost rather than amounts for which the assets could be sold."  explains why a company’s book value as reported in the balance sheet may not equal the company’s market value.

Explanation: Normally non-current assets (fixed assets) are valued at their historical acquisition cost, therefore the difference between the market value and the book value of a company occurs

5 0
3 years ago
Which actively dose economics primarily study​
bonufazy [111]

Answer: money matters

8 0
3 years ago
Moss County Bank agrees to lend the Allenson Brick Company $200,000 on January 1. Allenson Brick Company signs a $200,000, 6%, 9
horrorfan [7]

Answer:

  • The entry made by Allenson Brick Company on January 1 to record the proceeds and issuance of the note is

b. Cash 200,000

Notes Payable 200,000

Explanation:

At the moment the company receive the money it must reflect the movement with an entry to the balance sheets, which is , a debit entry to the Cash accounts by the amount received and a credit entry to Note Payable accounts reflecting the liabilities that the company will have from now.

The interest expenses are recorded at the moment of the interest are paid which is in 9 months from now.

3 0
3 years ago
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