If the Fed mailed everyone a $1,000, the effect would be a <u>rise in prices, </u>output, and income.
<h3 /><h3>What happens when money is injected into the economy?</h3>
The Equation of exchange is:
<em>Money supply x Velocity of money = Price level x Quantity of goods and services produced </em>
If the Money supply increases like it will when $1,000 is sent by the Fed to people, the velocity will also rise as people purchase more goods and services.
The Price level and the Quantity produced on the right side of the equation would also have to rise to match the left side. So prices would rise, and so would output.
Find out more on the equation of exchange at brainly.com/question/10110078.
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Answer:
Monthly tax amount = $90.57 (Approx)
Explanation:
Given:
Purchase value = $209,000
Rate = 0.52%
Find:
Monthly tax amount
Computation:
Monthly tax amount = ($209,000 x 0.52%)/12
Monthly tax amount = 1,086.80/12
Monthly tax amount = $90.57 (Approx)
Answer:
They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.
Explanation:
You can use a GoPro<span> at Disney as long as it isn't on a selfie stick/gopole. If </span>you<span> have it on a </span>chest mount<span>, head mount, wrist or hand mount it is ok.</span>