1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DaniilM [7]
2 years ago
7

The assumption of constant velocity in the quantity equation is the equivalent of the assumption of a constant: A. short-run agg

regate supply curve. B. long-run aggregate supply curve. C. price level in the short run. D. demand for real balances per unit of output.
Business
1 answer:
cluponka [151]2 years ago
7 0

Answer:

The correct answer is option D.

Explanation:

Irving Fisher gave the equation of quantity theory of money. This equation is thus also called the Fisher's equation. It can be stated as MV=PT.

Here, M is the money supply, V is the velocity of money circulation, P represents the price level, and T is the volume of transactions. V and T are assumed to be constant. On the basis of this assumption, we can say that there is a direct relationship between money supply and price level.  

The velocity of circulation is assumed to be constant, this assumption is equivalent to constant demand for real balances per unit. Velocity shows the number of times a currency changes hands. Constant velocity means money is not changing hands, people are holding money, or in other words, demand for real balances is constant.

You might be interested in
What is financial literature​
Vanyuwa [196]
<h3>Hello there!</h3>

Your question asks what is financial literature.

<h3>Answer: Knowledge and skills that someone has in making good decisions with the financial sources that they have.</h3>

When you look at the word "financial literature", you can see that it has the word "financial" in it, so that means that it's going to be based off of finance.

Financial literature is knowledge and skills someone has in finance. What this means is that someone has knowledge on how finance works and know ways to stay financially stabled. The knowledge that someone could have is how money works, how to manage the money, and how to turn the money they already have into more money.

The knowledge that an individual could attain from financial literacy could help them in the long run, in which it's highly recommended to learn financial literacy, due to the fact that tons of people are going into debt because they don't know how to manage their finances.

To sum it up, people who know financial literacy would have a high chance in knowing how to manage their money and stay out of debt.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
8 0
3 years ago
Suppose that a flower nursery benefits from having a butterfly farm located only a few miles away, because the presence of the i
garri49 [273]

Answer: Contracts

Explanation: Because the 2 parties are coming to a contractual agreement.

4 0
3 years ago
Consider the market for 7-eleven slurpees. In a market economy only those consumers who are willing and able to pay for Slurpees
Natalka [10]

Answer:

When we take Slurpees, these are labelled under luxury. This is not the basic need of any human being to drink Slurpees in order to quench his or her thirst. This can't be categorized as a basic, primary or biological need. Water is considered very for for this purpose and we even can't survive biologically without water, whereas, we can very happily without Slurpees. More specifically, we can live definite more happy and healthy without drinking these carbonated drinks which are not good for any human's health, and this facts have been proven by medical science in much finer details. These drinks, sometimes, can kill humans as well, damaging their stomach directly. If this was the basic need, then organizations might have offered it instead of giving employees salary and monetary rewards.

5 0
2 years ago
1. _______ is the process of setting up business units to do specialized tasks such as marketing and accounting. Organizational
Bogdan [553]

Answer:

Departmentalization

Explanation:

The departmentalization refer to the framework of the organization that involves various types of departments like finance, accounting, human resource, marketing, sales and services, etc

It is important to setting up each department so that the day to day task could be accomplished with the specified time and the company could achieve its organizational objectives

Therefore, as per the given situation, the most appropriate answer is departmentalization

5 0
3 years ago
The economic problem of _____ arises because human wants and desires are unlimited and the means to satisfy these wants are limi
raketka [301]

Answer:

Insatiation

Explanation:

Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants

Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human

4 0
3 years ago
Other questions:
  • Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
    13·1 answer
  • ​sheldon goes to the grocery store to buy a few items, and when he gets there he can remember only the last few things that he w
    15·2 answers
  • "In the context of international trade, _____ is defined as selling goods in a foreign market at a price below their costs of pr
    12·1 answer
  • A Goldsmith could hold some gold in reserve for depositors’ withdrawals, but ________________ excess gold and thereby make a pro
    9·1 answer
  • Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test
    13·1 answer
  • PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at
    7·1 answer
  • In an e-business innovation cycle, after an organization scans the environment for new emerging and enabling technologies, the n
    14·2 answers
  • Danny works for a home electronics store and is a member of a team created to increase communication among various departments.
    8·1 answer
  • Statistical quality control (SQC) is the process some managers use to continually monitor all phases of the production process t
    8·1 answer
  • Conductors are assigned a ? ampacity that reflects the insulation's ability to handle and dissipate heat under ? conditions.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!