Answer:
d. mostly relevant to the long run.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
The principle of monetary neutrality typically based on the idea that changes in any stock of money would affect only nominal variables such as exchange rate, wages and price in the economy of a particular country.
Most economists believe the principle of monetary neutrality is mostly relevant to the long run.
Answer:
here is a 63.25% for winning the debate given the student distribution and the chance of success of each type of student.
Explanation:
As the student will be picked at random we can determiante the expected value by doing a weighted average:
![\left[\begin{array}{cccc}$Student&$Return&$Probability&$Weight\\$Sophomore&0.2&0.2&0.04\\$Junior&0.6&0.35&0.21\\$Senior&0.85&0.45&0.3825\\Total&&1&0.6325\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24Student%26%24Return%26%24Probability%26%24Weight%5C%5C%24Sophomore%260.2%260.2%260.04%5C%5C%24Junior%260.6%260.35%260.21%5C%5C%24Senior%260.85%260.45%260.3825%5C%5CTotal%26%261%260.6325%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer: A. If Kemala willingly choses to work at the factory, the factory job may provide her with a better outcome than any of her next best alternatives.
Explanation:
Going by standards in the United States, the wages that Kemala is earning may be tagged as exploitative. If however, it is shown that Kamala works in that factory of her own accord, then it means that the wage is not exploitative to her because she must be earning more from the factory than other alternatives to it which was why she chose to work there.
It would simple mean that the wages in Indonesia are small by American standards and not just the ones Kemala is receiving from the factory.
Answer: If the material is reworked and sold, Hodge Inc. has a financial disadvantage of (- 4500).
Let's see why:
1) If we sell the material at its disposal value: We have a cost of $ 74600 and the income from sale would be $ 57400 =
57400 - 74600 = (-17200). We have a loss of $17200.
2) If we rework the material we will have an original cost of $ 74600, an additional cost for reworking of $ 1500 and the income from its sale would be $ 54400 =
54400 - (74600 + 1500) = (-21700) We have a loss of $ 21700.
Then comparing the 2 situations =
(-21700) - (-17200) = -4500. There is a financial disadvantage of $4,500 if the material is reworked instead of selling it as scrap.
Answer:that should be based on your class and teacher try checking your syllabus
Explanation:
