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2 years ago

Suppose nominal GDP is $2,000 a year and the quantity of money is $400. Then the velocity of circulation equals

Business

1 answer:

ahrayia [7]2 years ago

3 0

Answer: 5

Explanation:

The velocity of circulation is the average number of times that each dollar can be used for the purchase of goods and services in a year.

From the information given in the question, the velocity of circulation will be:

= Nominal GDP / Quantity of money

= $2000 / $400

= 5

Therefore, the velocity of circulation is 5.

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Which of the following choices is not an example of a common payroll deduction?

Zepler [3.9K]

Answer:

Explanation:

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3 years ago

When a company does not have any convertible securities or options or warrants outstanding, the company has:

WITCHER [35]

Answer: Simple capital structure

Explanation: A company that does not have potentially dilutive or convertible securities in its capital structure, is said to have a simple capital structure. In a simple capital structure, the corporation finance its operation with common stock or non convertible preferred stock.

Hence , from the above we can conclude the right option is C.

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3 years ago

“the probability of event b, given that event a has occurred” is known as a __________ probability.

bagirrra123 [75]

The probability of event B given that event A has already occurred is known as a CONDITIONAL PROBABILITY.
Conditional probability is written mathematically as: P[B/A], where P stands for probability.
Event A and B can be dependent or independent and this will have effect on the general formula of conditional probability, that is, the formula will change in form depending on the relationship between the two events.

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3 years ago

If a company is using past email responses as a segmentation strategy, the best approach for individuals who have not responded

raketka [301]

Answer: a. offer them free merchandise if they place an offer

Explanation:

When a customer is not replying via email, the best way to get them to be responsive again is to offer them some form of special that would allow them to make savings on a purchase of goods.

One such method would be by offering them free merchandise if they make an offer. Chances are that they would become responsive so as to take advantage of this offer.

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3 years ago

It costs Waterway Industries $28 of variable costs and $14.40 of allocated fixed costs to produce an industrial trash can that s

Georgia [21]

Answer:

Special request income 33,000

Explanation:

special request:

3000 units x $39 = 117,000

variable cost:

3000 units x $28 = 84,000

Contribution margin 33,000

special cost: none

additional fixed cost: none

Special request income 33,000

Notice:

Non additional shipping or setup cost is request for the order.

Non increase in fixed cost due to excess capacity.

If any of this concept do inccur in additional cost, it should be relevant as well in the calculations.

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3 years ago

Suppose nominal GDP is​ $2,000 a year and the quantity of money is​ $400. Then the velocity of circulation equals

Suppose nominal GDP is $2,000 a year and the quantity of money is $400. Then the velocity of circulation equals