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Firdavs [7]
2 years ago
13

price level to Suppose the central bank in the nation of Zook attempts to pay off its national debt by printing large amounts of

currency. The large increase in the money supply causes the price level to rise by 800 percent. What do you expect will happen to the value of Zook's currency?
Business
1 answer:
katen-ka-za [31]2 years ago
5 0

Answer:

87.50%

Explanation:

The calculation of value of Zook's currency will decrease in percentage is shown below:-

For computing the Percentage decrease first we need to find out the value of money which is shown below:-

Value of money = 1 ÷ Price level

= 1 ÷ 8.00

= 0.125

Percentage decrease = (Value of money - 1) ÷ 1 × 100%

= (0.125 - 1) ÷ 1 × 100%

= -0.875 ÷ 1 × 100%

= 87.50%

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Answer to the following question is as follows;

Explanation:

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3 years ago
Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen
azamat

Answer:

Net Income is $485.4

Explanation:

According to the accounting equation

Assets = Equity + Liabilities

So putting value of assets = 3,525, and assuming equity = x, then:

3252 = Liabilities + x

Liabilities = 3252 - x

Now putting this value in the debt to equity formula,

Debt / Equity = 0.34

(3252 - x) / x = 0.34

3252 - x = 0.34x

1.34x = 3252

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Now

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0.20 = Net Income / 2427

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4 0
3 years ago
Procter & Gamble, the maker of Crest brand toothpaste, has modified this brand to include whiteners. To encourage consumers
Georgia [21]

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Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
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I believe the answer is:

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3 years ago
Read 2 more answers
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