The wages of a physical therapist exceed those of an architect by about $11,000
Answer:
Value of nominal GDP ; PY = $ 1380 ans.
Explanation:
Monetarism is an economic school of thought that stresses the primary importance of the money supply in determining nominal GDP and the price level. The "Founding Father" of Monetarism is economist Milton Friedman. He said that Inflation is always and everywhere a monetary phenomenon.
We begin with the equation of exchange. This is the building block for monetarist theory. It says that
M × V = P × Y
where M is the quantity of M1
V is velocity of M1, or the average number of times that the dollar turns over in a given year on the purchase of final goods and services
P is the price level, and Y is real output.
Now changes in M V will change the nominal GDP ; P Y
Initially, we have M V as 200 ( 6) =$1200
Now , we have M = $200 and V = 6 + 15% ( 6 )
V = 6 + 0.9 ; V = 6.9
MV = PY
MV = 200 ( 6.9 ) ; MV = $1380
Hence, value of nominal GDP ; PY = $ 1380 ans.
Research suggests that passengers substantially increase the risk of a collision <span>only when another distraction is involved.</span>
The correct option is A
<u>Explanation:</u>
Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.
<u>The following Journal Entry will be passed in the books of accounts of a company:
</u>
Wages account will be debited with an amount of 5000 and Wages Payable account will be credited with an amount of 50000
Thus, the correct answer will be option A from the given options.
The most helpful examples of milestones for the goal includes:
- taking classes to learn the language of the country
- saving & investing 35% of her income.
<h3>What are milestones?</h3>
This refers to those series of actions and achievements that are necessary to attain to make progress toward goals.
Hence, the examples of milestones for attaining the goal of retiring in a foreign country includes to attend college taking classes to learn the language of the country she wants to retire in and saving & investing 35 percent of her income every month.
Therefore, the Option 2 and 6 is correct.
Read more about milestones goal
<em>brainly.com/question/2145492</em>
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