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3 years ago

Money is neutral in:___________

Business

1 answer:

babunello [35]3 years ago

8 0

Answer:

Explanation:

Money neutrality is a theory which submits that money supply only affect nominal variable and not real variables.

Nominal variables include price, wages and exchange rate

real variables include employment and real GDP

Money is only neutral in the long run and not in the short run because of money illusion. Money illusion causes economic agents to respond to money supply changes.

Money is neutral only in the long run

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stealth61 [152]

Answer:

the ending balance of the investment account is $870,000

Explanation:

The computation of the ending balance of the investment account is shown below:

= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]

= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]

= $750,000 + $120,000

= $870,000

Hence, the ending balance of the investment account is $870,000

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3 years ago

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GalinKa [24]

Answer:

The correct answer is letter "D": Opportunity cost.

Explanation:

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3 years ago

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Eva8 [605]

The answer and explanation to part 1 is given in the attachment.

Note:

Also, The complete part a question is attached.

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3 years ago

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Colt1911 [192]

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3 years ago

Biloxi Gifts uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general jou

SpyIntel [72]

<u>Solution and Explanation:</u>

<u>The following journal entries are passed in the books of accounts.</u>

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Date Details debit credit

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3 years ago