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Svetach [21]
3 years ago
5

The classical dichotomy and the neutrality of money

Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

1. Relative price = $3

2. Increases

3. affects , not affect

Explanation:

As per the data given in the question,

1) The relative price of a paperback novel in 2016 = Maria,s wage ÷ Price of a paperback novel

= $54÷$18

= $3

2) Between 2011 and 2016, the nominal value increases and the real value of Maria's wage remains the same.

3)Monetary neutrality is proposition that the change in the money supply affects the nominal variables but it does not affect the real variables.

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Honesty , Trustworthy , Determined & Passionate .
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Answer:

Yes the inspector should be hired

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Defective average = 0.03

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3 years ago
Do you know why sustainable business is important?
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Answer:

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Answer:

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3 years ago
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