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Alika [10]
3 years ago
9

which of the following best completes the diagram? a. major credit card networks b. companies that handle the worldwide processi

ng of credit card transactions c. companies that set the transaction terms for credit card companies d. all of the choices​

Business
1 answer:
Ratling [72]3 years ago
6 0

major credit card and networks

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Assume that M is $200 billion and V is 6. If V increases by 15 percent, then, according to the monetarist equation, nominal GDP
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Answer:

Value of nominal GDP ; PY = $ 1380 ans.

Explanation:

Monetarism is an economic school of thought that stresses the primary importance of the money supply in determining nominal GDP and the price level. The "Founding Father" of Monetarism is economist Milton Friedman. He said that Inflation is always and everywhere a monetary phenomenon.

We begin with the equation of exchange. This is the building block for monetarist theory. It says that

M × V = P × Y

where M is the quantity of M1

V is velocity of M1, or the average number of times that the dollar turns over in a given year on the purchase of final goods and services

P is the price level, and Y is real output.

Now changes in M V will change the nominal GDP ; P Y

Initially, we have M V as 200 ( 6) =$1200

Now , we have M = $200 and V = 6 + 15% ( 6 )

V = 6 + 0.9 ; V = 6.9

MV = PY

MV = 200 ( 6.9 ) ; MV = $1380

Hence, value of nominal GDP ; PY = $ 1380 ans.

4 0
3 years ago
Determine whether the data set is a population or a sample. explain your reasoning. the age of each resident in an apartment bui
seraphim [82]

Answer D: population, because it is a collection of ages for all people in the apartment building

This will be a population because we are covering each and every resident in the building and here out universe is our apartment building and not all other apartment buildings in the city.


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Please describe your leadership style?
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Like what do you mean leader ship meaning in , my leadership ??? how i am a learner
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Unrestricted net assets comprised $7,500,000 of assets and $4,500,000 of liabilities (including deferred revenues of $150,000).
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Answer:$200,000

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The equivalent amount of wages in the area for the services performed by the volunteer represents the amount that was saved by the firm by using the volunteer for the execution of the services. The sum will be credited into the income statement through a journal and the amount actually paid to the volunteer will be debited to the income statement to leave a net income of $182,000.

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4 years ago
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