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
Sedaia [141]
2 years ago
15

Suppose that real GDP equals $10 trillion, nominal GDP equals $20 trillion, and the aggregate price level equals 2.

Business
1 answer:
Archy [21]2 years ago
4 0

Answer:

b) $10 trillion

Explanation:

Price level = NGDP / RGDP = 2

NGDP / RGDP = 2

As per the quantity theory of money,

MV = PQ

M.(2) = 20

M = 10 trillion

Therefore, The  money supply is $10 trillion.

You might be interested in
Mark, a newspaper editor, walks into the newsroom and announces to a group of five reporters: "I'll pay a $2,000 bonus to the fi
lions [1.4K]

Answer: Unilateral contract

Explanation: A Unilateral contract is a form of contract where a promise is made by one party to another, this contract is normally on a condition that the receiver of the promise in the contract would complete some task(s), in order to receive the promise.

Mark made a promise to his staffs in the newspaper newsroom to be fulfilled, if the task was accomplished by anyone. Of which Anna completed the task and claimed the promise by the editor.

3 0
3 years ago
Differential Chemical produced 14,000 gallons of Preon and 28,000 gallons of Paron. Joint costs incurred in producing the two pr
Sveta_85 [38]

Answer: $4680

Explanation:

The joint cost allocated to Preon will be calculated below as:

Preon's value will be:

= 14000 × $6.00

= $84000

Paron's value will be:

= 28000 × $2.00

= $56000

Total value = Preon's value + Paron's value

= $84000 + $56000

= $140000

The joint cost allocated to Preon will be

= 7800 × 84000/140000

= $4680

3 0
3 years ago
Instructors use a _____ to communicate announcements, post questions on reading material, list contact information, and provide
dexar [7]
<span>instructors use a pen and paper to write in order to communicate announcements, post questions on reading the material, list contact information, and provide access to lecture slides and videos. Also, is it where information, communication, learning materials and other related stuff to create communication to what the instructors need. Also, they use laptop, printers, and projector for doing their lectures in order for the students learn the lessons.</span>
7 0
3 years ago
Country Talmar produces​ 100,000 cars during a particular year. The market price of cars in Talmar is​ $5,000. In a recent meeti
KengaRu [80]

Answer:

e. There is a deadweight loss at the given production level.

Explanation:

A deadweight loss, also known as excess burden or allocative inefficiency, is a loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved.

8 0
2 years ago
Every year, Professor Dumbledore assigns the instructors at Hogwarts to various faculty committees.
aniked [119]

Answer:

Explanation:

Base on the scenario been describe in the question, the algorithm that describe professor Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite is written as follows; Dumbledore needs to assign instructors to committees so that (1) each committee is full, (3) no

instructor is assigned to more than three committees, (2) only suitable and willing instructors

are assigned to each committee, and (4) the total cost of the assignment is as small as possible.

Describe and analyze an efficient algorithm that either solves Dumbledore’s problem, or correctly

reports that there is no valid assignment whose total cost is finite

.

6 0
2 years ago
Other questions:
  • Ackert Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which d
    11·1 answer
  • Workers with knowledge-based education and managerial skills are
    15·2 answers
  • Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February
    5·1 answer
  • Lynn regularly works a 40-hour week and earns $9 per hour. She receives time-and-a-half pay for each hour of overtime she works.
    9·1 answer
  • Find the most recent federal deficit as a percentage of GDP of the United States. Suppose that the federal budget deficit was el
    7·1 answer
  • Which of the following is true of packaging and labeling?a) An advantage of packaging is the low cost required for the process.b
    10·1 answer
  • Explain Distribution and also explain the channel of Distribution​
    7·1 answer
  • When a company strives to achieve lower overall costs than rivals and appeals to a broad spectrum of customers, it pursues Multi
    10·1 answer
  • Assume that you are willing to postpone consumption of​ $1,000 today and buy a certificate of deposit​ (CD) at your local bank w
    12·1 answer
  • Suppose a monopolist produces output where total revenue is maximized. at that output, the price elasticity of demand for the mo
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!