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3 years ago

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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2 years ago

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3 years ago

a(n) is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange, but d

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1 year ago

When managers work on creating conditions and systems to ensure that everything and everyone works together to achieve the organ

SVETLANKA909090 [29]

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3 years ago

Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning

Ivan

Answer:

Allocated MOH= $26,372

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 48,200

Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200

Predetermined manufacturing overhead rate= (48,200 + 21,200) / 10,000

Predetermined manufacturing overhead rate= $6.94 per machine hour

<u>Now, we can allocate overhead to Job H:</u>

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3 years ago