Answer:
d. positively to the nominal gross domestic product
Explanation:
The quantity theory of money :
M = (P x Y ) / V
Where m = quantity of money
P × Y = nominal GDP
V = velocity
Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.
I hope my answer helps you.
Answer:
$71,428.57
Explanation:
we can use the perpetuity formula to solve this question:
present value = future cash flow / (discount rate - g)
- future cash flow = $10,000
- discount rate = 6%
- g = growth rate = -8%
present value = $10,000 / (6% - - 8%) = $10,000 / 14% = $71,428.57
Answer:
The answer is "400 meals at 2.50 dollars a day".
Explanation:
Please find the complete question and the solution in the attachment file.
In this question, when we compare the MR value as well as the MC, the monopolist produces up to the point where MR>MC.
In this, it happens before 400 meals at 2.50 per day and, so "400 meal at 2.50 dollars a day".
The answer to this question will be C
