1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Firdavs [7]
3 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]3 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%

You might be interested in
Please help economics
sergeinik [125]
I’m pretty sure the answer to your question is a
4 0
2 years ago
Read 2 more answers
The following information pertains to Havana Corporation's defined benefit pension plan: ($ in 000s) 2018 2019 Beginning balance
Hitman42 [59]

$504000 is the actual return

<u>Explanation:</u>

particulars                           calculation Amount

Service cost                                         700000

Interest cost                     600000 * 8 \%        480000

Less: Expected return 10 \% * 5760000    576000

Prior service cost                                    48000

Net loss                                                     30000

Pension expense                                       682000

Therefore, the pension expense is $682000

<u>The computation is as follows for the calculation of return (in $000’s) </u>

<u>Plan assets </u>

Beginning = $5760

Actual return = ?

Cash contributions = 696

Less: Retireee benefits = (624)

Ending balance = $6336

Thus after solving this, we get the actual return that is equal to = $504,000

5 0
3 years ago
How are most travel itineraries arranged?
bekas [8.4K]
Event by event so you know the schedule

4 0
3 years ago
A municipal issuer official has lost her re-election campaign and has just left elected office. She is soliciting political cont
Sindrei [870]

Answer: Because the issuer official no longer holds elected office, the contribution limits of Rule G-37 do not apply.

Explanation:

Rule G-37 is a way to ensure that Municipal Issuers are not unduly influenced by those who donated to their campaigns to get into a position to become Municipal Issuers.

It prohibites for 2 years, Municipal Finance Professionals (MFP) amongst others from engaging in municipal securities business with a Municipal issuer.

An exception however, is that if the MFP is entitled to a vote for the Official in question, they can donate no more than $250 per election.

Seeing as the Municipal Issuer Officer has lost her position, the MFP need not worry about this $250 limit as it no longer applies to her. The MFP is free to donate $500 to the "clean-up" campaign.

5 0
4 years ago
________ refers to the impaired decision making that occurs in a team when making the right decision is less important than main
aleksandrvk [35]

Answer:

competition

Explanation:

team members be competing against each other

5 0
3 years ago
Other questions:
  • Firms use economic analyses to better understand the overall outlook for the economy and how economic changes will impact the fi
    7·1 answer
  • Help please! and thank you &lt;3
    6·2 answers
  • Bean​ Brewers, Inc., a manufacturer of coffee​ makers, had the following​ activities, allocated​ costs, and allocation​ bases: A
    12·1 answer
  • PNW, LLC purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, buil
    12·1 answer
  • Which of the following behaviors are more likely to happen in a GOOD economy?
    11·1 answer
  • A project has the following cash flow. Year zero's cash flow is $10000. The following years' cash flows decrease by $2000 each y
    9·1 answer
  • Whcih situation represent internal
    7·1 answer
  • What would be some good reasons to present if a company wanted to secure financing to expand its global operations?
    5·1 answer
  • Nicholas omgnicholas omgnicholas omgnicholas omg
    11·2 answers
  • Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): othe
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!