The idea behind Nixon's decision to "freeze" wages and prices was inflation affects wages and prices, so freezing those would halt inflation.
When the total demand (AD) exceeds the total supply (AS) of a given item or service in the market, this is referred to as inflation.
As a result, the cost of those goods and services rises. This occurs as a result of people having money, either through high government spending or from high incomes or low loan rates.
Nixon thus decides to maintain a specific level of prices and salaries in order to freeze employment. As a result, the population's purchasing power will be constrained, and prices will eventually balance out.
Read more about Inflation:
brainly.com/question/13865168
#SPJ4
Answer:
37 days
Explanation:
Given the following :
Date of purchase = 6th of February
Bond interest is paid on January 1st and July 1st.
Since, the treasury bond was purchased on the 6th of February, the the accrued or accumulated interest will be calculated from January 1st till the purchase date (6th of February).
(Number of days in January) + 6 days in February
Number of days in January = 31
Days of accrued interest = (31 + 6) = 37
Prior to having his procedure, Mr. Bowden has to give his WRITTEN INFORMED CONSENT.
Informed consent refers to the process in which patients are informed by the health providers about the proposed medical treatment they want to undergo. The nature of the treatment, its benefits, harms, risks and alternatives have to be discussed.
A written informed consent involves signing the documents that have to do withe the procedure.
Informed consent can be oral or written.
Convenience goods are usually located close to the checkout counter in grocery stores. Some examples are candy and magazines. Since a convenience good can be found easily, it does not require the buyer to go through the process of an intensive decision-making.<span> </span>
Answer:
C. 1.20
Explanation:
The total net cash flow consist of net cash flows from 3 activities namely; Operating activities, Investing activities and Financing activities.
Let the cash flows from operating activities be y
Therefore,
123,000 = y + 66,480 + 30,780
y = 123,000 - 66,480 - 30,780
y = 25,740
Current liabilities = (23,400 + 19,500)/2
= 21450
The company's operating cash flows to current liabilities ratio
= 25,740
/21450
= 1.20
