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AlexFokin [52]
3 years ago
13

Other things the same, a decrease in the price level causes real wealth to a. fall, interest rates to fall, and the dollar to ap

preciate. b. fall, interest rates to rise, and the dollar to depreciate. c. rise, interest rates to rise, and the dollar to appreciate. d. rise, interest rates to fall, and the dollar to depreciate.
Business
1 answer:
Law Incorporation [45]3 years ago
7 0

Answer:

c. rise, interest rates to rise, and the dollar to appreciate

Explanation:

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Which of the following is not a correct statement about​ M2? A. M2 is a broader definition of money compared to M1 and currency.
natka813 [3]

Answer:

D) M2 is the best definition of money as a medium of exchange.

Explanation:

M2 includes all M1 plus some broader types of money which represent near money such as savings accounts, money market securities, mutual funds, small denomination time deposits (CDs worth less than $100,000). These are classified as ear money because they can be easily and quickly converted into currency (cash) or checking account deposits.

8 0
3 years ago
Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of t
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Answer: True

Explanation:

Under Agency Law in relation to employment, the salesperson is acting as an agent of the owner of the store and as such is their representative. As their representative, it is assumed that whatever they are selling is from the Owner whom they represent and as such can be binding on the owner.

This is why the Agent must act in the best interest of the owner because the owner could be held negligent for the actions of their agents. For instance, a salesperson will not be sued for a faulty equipment that caused harm but the store can.

4 0
2 years ago
A company that fails to manage its strategic alliance probably has: multiple choice incorporated contractual safeguards. made op
Feliz [49]

Refrained from making commitments to its partners and ensured that they do the same.

A strategic alliance is supposed to be two or more companies working together to achieve a common goal while still maintaining their independent company identity, but if they fail to manage that relationship then the should refrain from making promises or goals they cannot keep.

8 0
3 years ago
Which staff member usually does the work of both a front desk clerk and an accounting clerk?
fomenos
D for sure is the correct answer
8 0
3 years ago
Prior to September 30, a company has never had any treasury stock transactions. A company repurchased 1,000 shares of its $2 par
kondor19780726 [428]

Answer: Please refer to Explanation

Explanation:

The following will be the journal entry on October 2nd

October 2

DR Cash $8,400

CR Treasury Stock $8,000

CR Additional Paid-in Capital $400

(To record reissuance of Treasury Stock)

Workings

Cash = 400 * 21

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Treasury Stock = 400 * 20 (purchase price)

= $8,000

Additional Paid-in Capital = (21 - 20) * 400

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7 0
2 years ago
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