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Delicious77 [7]
3 years ago
15

In a macroeconomic context, choose the best definition for the term velocity. The rate at which the aggregate price level increa

ses. The rate at which money circulates through an economy. The speed of capital accumulation. The rate at which GDP increases in a year. The rate at which the Federal Reserve increases or decreases the money supply.
Business
1 answer:
N76 [4]3 years ago
7 0

Answer:

The rate at which money circulates through an economy.

Explanation:

In Macroeconomics, the term velocity refers to the speed at which money circulates in an economy, and it is a variable in a fundamental macroeconomic equation, the quantity theory of money equation:

M x V = P x T

Which states that the price of goods and services is equal to the amount of money in an economy, or its money supply (M) multiplied by the Velocity of circulation of money, which is in turn equal to price (P) multiplied by the number of transactions (T).

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Define technological literacy.
EastWind [94]

Answer:

Technology Literacy is the ability to safely, responsibly, creatively, and effectively use appropriate technology to: communicate; access, collect, manage, integrate, and evaluate information;

Explanation:

Use technology to meet personal needs, interests, and learning styles.

5 0
3 years ago
Jerry deposited $10,000 in a bank account, and 10 years later he closes out the account, which is worth $18,000. The annual rate
MArishka [77]

Answer:

<h2>r=  6.054% per year</h2>

Explanation:

given that

principal P=  $10,000

final amount A= $18,000

time t= 10 years

To find the annual rate we will use the formula below and solve for r

r = [(\frac{A}{P} )^\frac{1}{t}  - 1]

Substituting our data into the expression and solving for r we have

r = [(\frac{18000}{10000} )^\frac{1}{10}  - 1]\\\\r = [(1.8 )^\frac{1}{10}  - 1]\\\\r = [(1.8 )^0^.^1  - 1]\\\\r = [(1.8 )^0^.^1  - 1]\\r={1.06054-1}\\\\r= 0.06054  

Calculate rate of interest in percent

r = 0.06054* 100

r=  6.054% per year

4 0
3 years ago
Gloria's employer deducted 20 percent of her pay in the month of january due to personal problems he had with her. under the lil
Dafna11 [192]

180 days of the most recent paycheck reflecting the discrepancy.

4 0
3 years ago
An economy of scope is best illustrated by being able to eliminate or reduce costs by
Pachacha [2.7K]

Answer:

A. Combining related value-chain activities of different businesses into a single operation.

4 0
3 years ago
The following information is related to the pension plan of Sandhill, Inc. for 2021.
Rudiy27

Answer:

The correct answer is option (A).

Explanation:

According to the scenario, the computation of the given data are as follows:

Pension Expense =  Service Cost + Interest on Projected Benefit Obligation + Amortization of prior service cost due to increase in benefits - Expected return on plan assets - Amortization of net gain

By putting the following value in the formula, we get

Pension Expense = $2,100,000 + $805,000 + $380,000 - $532,000 - $205,000

= $2,548,000

8 0
3 years ago
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