Answer:
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Explanation:
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Answer:
If the money supply is MS2 and the value of money is 5, then the quantity of money
a. demanded is greater than the quantity supplied; the price level will rise.
Explanation:
If the money supplied is greater than the quantity demanded; the price level will fall. The quantity theory of money, popularized by Irving Fisher but developed by John Maynard Keynes, states that the value of money is influenced by the forces of demand and supply. This theory implies that money supply and price level proportionally influence each other.
Answer:
50 customers per day
Explanation:
For computing the capacity required customers per day, first, we have to compute the current demand per day which is shown below:
Current demand = Average number of pets per day × estimated percentage
= 74 pets × 60%
= 44.4 per day
Now the capacity required per day would be
= (Current demand per day) ÷ (1 - capacity cushion percentage)
= 44.2 ÷ (1 - 0.12)
= 50.22 per day
Answer:
what are the options? then ill reply with an answer.
Answer:
$50
Explanation:
As per previous balance method the Interest is charged based on the opening balance of the Credit Card.
As $50 was the balance from previous month and opening balance for this month, Hence $50 would be the amount we would use to calculate the interest for this month.