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lyudmila [28]
2 years ago
14

You have been tasked with advising the dictator of a nation over what he should do to increase the countries GDP. He suggests pr

inting money and increasing the growth rate of the money supply. He wants to give this newly printed currency to his soldiers and best political supporters. You know this will not increase GDP in the long run because:
I. Money is neutral
II. Increasing the growth of the money supply only causes inflation in the long run
III. He would only increase GDP in the long run if he distributed the money equally to all citizens
IV. He would only increase GDP in the long run only if he printed a large enough sum of money

a. I and II only I
b. II, and III only
c. I, II, III, and IV
d. III only
Business
1 answer:
Yanka [14]2 years ago
7 0

Answer: a. I and II only

Explanation:

Money is neutral which means that even if you change to supply of money in an economy, it will not translate to an increase in GDP because only the nominal values of things will change (as a result of inflation) while the real values of things like GDP will remain the same.

Increasing the growth of money supply by printing money would also cause inflation in the long run because the money will lose its value like goods do when their supply is increased even though demand does not. A weaker currency needs more units to buy a good which is where the inflation will come from.  

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Answer:

750,000     -5,000     - 125,000

800,000    45,000     -  75,000

850,000    95,000     -  25,000

900,000   145,000        15,000

Explanation:

600,000 wages

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operating cost 755,000

opportunity cost 130,000

  • accounting profit revenue - operating cost
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Answer:

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2 years ago
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Answer is A

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Answer:

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Correct answer is 15 dollar.

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Answer:

The correct answer is letter "C": Technological; social.

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