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Goryan [66]
3 years ago
12

A surplus or shortage in the money market is eliminated by adjustments in the price level according to classical theory, but not

liquidity preference theory. liquidity preference theory, but not classical theory. neither liquidity preference theory nor classical theory. both liquidity preference theory and classical theory.
Business
1 answer:
Andre45 [30]3 years ago
8 0

Answer:

The correct answer is option A.

Explanation:

According to the classical theory, the quantity of money  is directly related to price level. So, any shortage or surplus in the money market can be corrected by increasing or decreasing price level.

According to the liquidity preference theory, however, money is demanded for transactionary, precautionary and speculative motive. So, only price level does not affects the quantity of money. Interest rates also effect the demand for money.

So, option A is the correct answer.

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I. the European Union
svet-max [94.6K]

Answer:

C). I, II, and IV only

Explanation:

The Association of Southeast Asian Nations (ASEAN), the European Union (EU), and the North American Free Trade Agreement (NAFTA) are bodies that promote trade and economic cooperation among member countries.  They are treaties that aim are accelerating economic and social integration by eliminating or minimizing restrictions on the movement of people and commodities across borders.

Opec is an association of oil-producing countries. Its objective is to have similar oil policies in member countries. Opec is a cartel-like group that aims at controlling international oil prices.

8 0
3 years ago
Describes how a monopoly controls an industry
stira [4]

Answer:

Key ideas:

  • A single entity controls the flow of the product.
  • Possesses the power to limit prices.
  • Will have some influence in politics.
  • Difficult for new companies to enter the market.

Explanation:

Monopoly refers to the state when there is only one company controlling the flow of products, therefore controlling the prices of it. There are a lot of examples of monopoly in the contemporary era such as AB Inbev, but it doesn't mean that it is totally a modern concept. Monopoly existed even in history take for example the case of Carnegie steel mills or the issue of railroads.

When one company possess such power that it can control the price, it can badly damages the interest of other investors and consumers. But the reason they create a monopoly is that they have heavy influence in politics. That is how they turn up the decisions to their own benefits. And monopolies always try to create hurdles for new investors to get in the market. Because they are charging whatever they want due to no competition, as soon as new competition arrive it will challenge the monopoly which it can't take.

3 0
3 years ago
In his speech, George plans to convince his audience to buy a refillable water bottle instead of disposable water bottles. What
Brut [27]

Answer:

The general purpose of Georges speech is to make people shift towards adopting ways that would reduce plastic waste.

The world is currently suffering from plastic waste which is non biodegradable. It is harming the environment and destroying sea life.

Water being the most used product, using a reusable plastic water bottle would mean you use lease disposable ones that would automatically reduce plastic waste considerable. A huge different can be made to the hearths environment through it.

4 0
4 years ago
The major feature of zero-based budgeting is that it?
luda_lava [24]

The correct option is (B); Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

<h3>What is zero-based budgeting (ZBB)?</h3>

Zero-based budgeting (ZBB) is a budgeting strategy that entails creating a fresh budget from scratch each time, or from "zero," as opposed to beginning with the budget from the prior month and making adjustments as necessary.

Key features of zero-based budgeting are-

  • The zero-based budgeting (ZBB) methodology helps companies match their spending to their strategic objectives.
  • According to this methodology, firms must create their yearly budget from scratch each year in order to ensure that all of its components are affordable, pertinent, and capable of generating increased savings.
  • With zero-based budgeting, each budgeting cycle is started at zero.
  • This strategy requires explanation of all expenses, not just new ones.
  • The quickest path to achieving your financial objectives is still with a thorough spending strategy.

To know more about the zero-based budget, here

brainly.com/question/26195666

#SPJ4

The correct question is-

The major feature of zero-based budgeting (ZBB) is that it

A. Takes the previous year’s budgets and adjusts them for inflation.

B. Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.

C. Assumes all activities are legitimate and worthy of receiving budget increases to cover any increased costs.

D. Focuses on planned capital outlays for property, plant, and equipment.

4 0
2 years ago
LaTisha contracted with Marco, who operates a farm in Guatemala, for the importation of some great coffee beans for her coffee s
bearhunter [10]
Since the coffee beans arrived on September 2 instead of on September 1, LaTisha's best defense would be breach of a legally binding contract by Marco. Marco failed without, any legal excuse, to deliver the products as promised. Marco violated the legal agreement between the two parties since he did not perform his obligation.



8 0
3 years ago
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