Ask question

Ask question

All categories

-Dominant- [34]

3 years ago

13

If for a certain economy the growth rate of the money supply is _____ percent, the growth rate of the velocity of money is 0.5 p

ercent, the rate of inflation is 2.5 percent, and the real growth rate is 2 percent, then the quantity theory of money holds

1 answer:

Mrac [35]3 years ago

4 0

Answer:

Explanation:

MV=PT

M=2.5*2/.5

M=10

You might be interested in

Ashley received a raise at work that increased her monthly income from $1,000 to $1,250. Last year, Ashley bought 20 slices of c

zysi [14]

Answer:

0.8; normal

Explanation:

8 0

3 years ago

A competitive advantage is based on the possession of distinctive competencies. By definition, distinctive competencies are: a.

Schach [20]

Answer:

d. firm-specific strengths that allow a company to differentiate its products from rivals or achieve lower costs than rivals.

Explanation:

Competitive advantage refers to the ability of a country or a company to produce a good or service using fewer inputs compared to its rival. The company can manufacture a larger quantity of goods using the same amount of factors of production as others.

Distinctive competencies are unique skills, methods, and practices that increase the competitiveness of a business. They are the specials traits that give an organization an advantage over competitors in producing a particular good or service. Distinctive competence may be core skills, technology, or methodology that competitors cannot replicate easily.

8 0

3 years ago

Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The p

Genrish500 [490]

Answer:

Detailed solution is given below:

7 0

3 years ago

Brazil has a population of about 210 million, with about 150 million over the age of 15. Of these, an estimated 25 percent, o

Slav-nsk [51]

Answer:

B)Since the development of human capital is an important determinant of economic growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.

Explanation:

From the question, we are informed about Brazil having a population of about 210 million, with about 150 million over the age of 15. And Of these, an estimated 25 percent, or 37.5 million people, are functionally illiterate, and also compare how the typical literate individual reads only about two nonacademic books per year, which is less than half the number read by the typical literate U.S. or European resident.

From the view of New growth theory,the option that explains the implications of Brazil's literacy and reading rates for its growth prospects is that Since the development of human capital is an important determinant of economic growth, Brazil's literacy and reading rates suggests its potential economic growth rate is lower.

New growth theory, which was attributed to Paul Romer, explains about Economic growth in the long run in related to internal factors of with knowledge as well as human capital. In this scenario Brazil should arrive to make sure the literacy rate among people is increased as possible

7 0

4 years ago

Orchard Fresh, Inc., purchases apples from local orchards and sorts them into four categories. Grade A are large blemish-free ap

Lostsunrise [7]

Answer and Explanation:

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

1. Allocate the joint cost by using the physical unit method

Particular Allocation of physical unit Allocated joint cost ($)

Grade A $17,850 × 1,890 ÷ 21,000 1606.5

Grade B $17,850 × 5,250 ÷ 21,000 4462.5

Slices $17,850 × 8,400 ÷ 21,000 7,140

Applesauce $17,850 × 5,460 ÷ 21,000 4,641

Total 17,850

Allocated Joint Cost = Total Joint Cost × Pounds Grades ÷ Total Pounds Grades

2. Allocate the joint cost by using multiplying method:-

Average Joint Cost Per Pound is

= Total Joint Cost ÷ Total Pounds Grades

= $17,850 ÷ 21,000

= 0.85

Allocated joint cost = Average Joint Cost Per Pound × Pounds Grades

Particular Allocation of average cost Allocated joint cost

Grade A 0.85 × 1,890 1606.5

Grade B 0.85 × 5,250 4462.5

Slices 0.85 × 8,400 7,140

Applesauce 0.85 × 5,460 4,641

Total 17,850

8 0

3 years ago