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Aloiza [94]
3 years ago
9

When the central bank acts in a way that causes the money supply to increase while aggregate demand remains unchanged, it is:?

Business
1 answer:
Rudik [331]3 years ago
5 0

Answer:

It is "following an expansionary monetary policy".

Explanation:

When the central bank uses expansionary monetary policy, money supply increases and the  interest rates decreases, this will lead to no change in aggregate demand. It also affects the value of the currency and that is lowering its value but there is improvement in growth of domestic economy.

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Three years ago, you invested $3,350.00. Today, it is worth $4,100.00. What rate of interest did you earn
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Answer:

6.97%

Explanation:

the formula to be used is

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

$4,100.00 = $3,350.00 x ( 1 + r)^3

divide both sides of the equation by $3,350.00

$4,100.00 / $3,350.00 = ( 1 + r)^3

1.223881 = ( 1 + r)^3

find the cube root of both sides

1.069661 = 1 + r

r = 6.97%

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A. The Occupational Outlook Handbook


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Real GDP is the value of final goods and services produced in a year expressed in the prices of that same year. during a recessi
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Answer:

The correct answer is: expressed in the prices of a base year.

Explanation:

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Nominal GDP, on the other hand, is calculated on the basis of current prices. It includes changes in prices and is not inflation-adjusted. That is why real GDP is preferred over nominal GDP.

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