All categories

4 years ago

The idea that the money supply does not affect real economic variables is called:________

Business

1 answer:

Sergio [31]4 years ago

3 0

Answer:

The correct answer is letter "B": monetary neutrality.

Explanation:

Austrian economist Friedrich A. Hayek (1899-1992) referred to monetary neutrality as a theory that states the changes in the money supply do not affect the <em>prices of goods, services, wages but no the economy as a whole</em>. According to Hayek, printing more money could increase the demand affecting some economic variables (such as the mentioned above), but in the long run, it does not have a relevant impact.

You might be interested in

Swifty Company incurred the following costs during the year: direct materials $24.40 per unit; direct labor $13.10 per unit; var

DerKrebs [107]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Swifty Company incurred the following costs during the year: Direct materials $24.40 per unit

Direct labor $13.10 per unit

Variable manufacturing overhead $16.00 per unit

Variable selling and administrative costs $11.00 per unit

Fixed manufacturing overhead $132,000

Fixed selling and administrative costs $12,000.

Swifty produced 6,600 units and sold 6000 units.

A) Absorption costing= direct material + direct labor + variable overhead + fixed overhead

Absorption costing= 24.4 + 13.1 + 16 + (132,000/6,600)= $73.5

B) Variable costing= direct material + direct labor + variable overhead + Variable selling and administrative costs

Variable costing= 24.4 + 13.1 + 16 + 11= $64.5

4 0

3 years ago

The National Park Service's efforts to attract, maintain, and enhance relationships with customers and visitors to the park is a

OverLord2011 [107]

The example that the National Park Service shows by <em>attracting, maintaining, and enhancing</em> relationships with customers and visitors is <em>D. relationship marketing.</em>

Relationship marketing offers goods and services to customers through sales and advertising that achieve long-term customer value. The relationship is built and maintained with existing customers <em>to attract new customers.</em>

Thus, the NPS's efforts enable it to build lifetime customer loyalty that ensures long-term value creation.

Learn more: brainly.com/question/14545494

6 0

3 years ago

A bond par value is $1,000 and the coupon rate is 5.1 percent. The bond price was $946.02 at the beginning of the year and $979.

Licemer1 [7]

Answer:

the bond's real return for the year is 6.18 %.

Explanation:

First find the nominal return of the bond then the real return as follows :

PV = - $946.02

Pmt = $1,000 × 5.10% = $51

P/yr = 1

FV = $979.58

n = 1

r = ?

Using a Financial Calculator, the nominal return of the bond, r is 8.9385 %.

Real Return = ( 1 + nominal return) / (1 + inflation rate) -1

= (1 + 0.089395) / (1 + 0.026) - 1

= 0.0618 or 6.18 %

6 0

3 years ago

Financial statement data for years ending December 31 for tango company follow

maxonik [38]

The inventory turnover for Tango company are: 4.8, 5.3.

<h3>Inventory turnover</h3>

Using this formula

Inventory Turnover = Cost Of Goods Sold / ((Beginning Inventory + Ending Inventory) / 2)

20Y7

Inventory Turnover =$3,864,000 /($770,000+$840,000)/2

Inventory Turnover=$3,864,000/$805,000

Inventory Turnover=4.8

20Y6

Inventory Turnover = $4,001,500 /($740,000+$770,000)/2

Inventory Turnover= $4,001,500 /$755,000

Inventory Turnover=5.3

Therefore the inventory turnover for Tango company are: 4.8, 5.3.

The complete question is:

Financial statement data for years ending December 31 for tango company follow

20Y7 20Y6

Cost of goods sold $3,864,000 $4,001,500

Inventories:

Beginning of year 770,000 740,000

End of year 840,000 770,000

Determine the turnover for 20Y7 and 20Y6.

Learn more about inventory turnover here:brainly.com/question/18914383

#SPJ1

8 0

2 years ago

You are comparing two annuities which offer quarterly payments of $2,500 for five years and pay 0.75 percent interest per month.

myrzilka [38]

Answer:

E) Annuity B has a smaller present value than annuity A.

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity and Compounding of these values is known as the future value of annuity.

Annuity paid at the start of each period is advance annuity and paid at the end of each period is ordinary annuity.

While Calculating the present value of the annuity, the Present value of advance annuity is higher than the present value of ordinary annuity.

7 0

4 years ago