Answer: Option (C) is correct.
Explanation:
Correct option: The price level and nominal wages.
According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.
A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.
It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.
The method of data collection used in this case is known as Questionnaire.
- The number of minute used by respondent to answer question on the questionnaire does not determine the accuracy of their inputs.
In conclusion, It is false that the allocation of approximately 20 minutes to answer the questionnaire will allow to achieve the most accurate snapshot of their likes and dislikes on the consumer preferences survey.
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Answer:
Rent of the building will remain the same
Explanation:
The fixed costs will not change because fixed cost remains fixed for any level of activity whereas the variable cost changes with the increase in level of activity. As the activity level will change with additional hours work which will increase the variable costs only. So all variable costs will increase whereas fixed will remain fixed. The all the other options were variable costs except rent which is fixed cost. So rent will no change because of additional hours worked.
Answer:
She owes 4500 because she leased the apartment for 1 year and her yearly total would be 6,000 but since she left after three months the amount she paid was 1,500 and 6,000 - 1,500 is 4,500 that is how much she owes.
Explanation:
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