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s344n2d4d5 [400]
3 years ago
15

According to classical macroeconomic theory, changes in the money supply affect: _________.(i) nominal variables, but not real v

ariables.(ii) nominal variables and real variables. (iii) real variables, but not nominal variables.(iv) neither nominal nor real variables.
Business
1 answer:
Stells [14]3 years ago
7 0

Answer: .(i) nominal variables, but not real variables

Explanation:

According to classical macroeconomic theory, changes in the money supply affect the nominal variables but the real variable are not affected.

According to the classical macroeconomic theory, it us believed that an increase in money supply will result into a rise in the availability of money in the market, thereby increasing consumers spending which will also lead to a rise in aggregate demand which in turn, causes inflation.

Thereby the nominal variables will be changed.

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Costs that do not change in total over wide ranges of volume. 2. Technique that estimates profit or loss results when conditions
likoan [24]

Complete Question:

Match the terms with the correct definitions.

Answer:

1. Fixed costs: Costs that do not change in total over wide ranges of volume.

2. Sensitivity analysis: Technique that estimates profit or loss results when conditions change.

3. Breakeven point: The sales level at which operating income is zero.

4. Margin of safety: Drop in sales a company can absorb without incurring an operating loss.

5. Sales mix: Combination of products that make up total sales.

6. Contribution margin: Net sales revenue minus variable costs.

7. Cost behavior: Describes how a cost changes as volume changes.

8. Variable costs: Costs that change in total in direct proportion to changes in volume.

9. Relevant range: The band of volume where total fixed costs and variable cost per unit remain constant.

Explanation:

It is required that each term are matched with their respective correct definitions. The terms are generally associated with business and sales management.

For instance, fixed costs are indirect costs that do not change in total over wide ranges of volume and irrespective of the level of output (goods and services) e.g rent, salaries, property tax, insurance, depreciation etc.

Also variable costs are costs that change in total in direct proportion to changes in volume of goods and services e.g sales commission, utility costs, raw materials costs, credit card fees, direct labour costs etc.

3 0
3 years ago
appraisal report must include a disclosure of the scope of the work that: the client requested at the time of the assignment. th
vredina [299]

Answer:

The correct answer is the appraiser performed in the assignment.

Explanation:

In order to appraise, or evaluate someone's work, the report must include all details of the work performed. Otherwise, how else would that finished job be evaluated? It's important to describe the work done in order to determine how well or how badly the appraiser performed in the assignment, according to the appraisal report.

6 0
2 years ago
Because strategic alliances rarely work as well as managers expect they will, why do companies continue to go through with them?
I am Lyosha [343]

Answer:

Strategic alliances rarely work as well as managers expect they will, yet  companies continue to go through with them because Many owners, managers, and business analysts believe they are essential to survive in an industry.

Explanation:

In a business industry, It is required to always stay afloat otherwise the competition might drown the business. One of the ways to maintain your stake is through strategic alliances.

A strategic alliance is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project.  This agreement could help a company develop a more cost effective process. and achieve their objectives faster.

Strategic alliances rarely work as well as managers expect they will, yet  companies continue to go through with them because business owners, managers, and business analysts believe they are essential to survive in an industry.

3 0
3 years ago
Assume that candle wax is traded in a perfectly competitive market in which the demand curve captures buyers’ full willingness t
lutik1710 [3]

Answer:

kept the same in order to achieve allocative and productive efficiency.

Explanation:

Full production means that employed resources are providing maximum satisfaction for our material wants. Full production implies two kinds of efficiency: 1. Allocative efficiency means that resources are used for producing the combination of goods and services most wanted by society

5 0
2 years ago
An agent has successfully negotiated a sales contract. Because he is the listing agent, multiple listing service (MLS) rules req
Drupady [299]

Answer: A) notify the MLS of the status change

Explanation:

The Multiple Listing Service (MLS) is a platform that serves to connect Real Estate professionals and the properties they are trying to sell that way they can each market the other's properties and increase the reach of the listing.

As the listing agent of a property, the agent was the one who posted the listing on the MLS and so when the property is sold, the agent should contact the MLS and let it know that the property has been sold so that they may take appropriate action.

5 0
3 years ago
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