1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex777 [14]
2 years ago
9

Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation targ

et of 3.70 %. What is the largest money growth rate the Fed could implement and still achieve its inflation target
Business
1 answer:
Vadim26 [7]2 years ago
6 0

Answer: 6.48%

Explanation:

This can be solved using the Quantity theory of money;

MV = PY

When dealing with changes, formula changes to;

% change in Money Supply + %change in velocity = %change in price + %change in real GDP

Velocity has been stable so will be zero.

change in money supply = 3.70% + 2.78%

= 6.48%

You might be interested in
During​ recessions, American firms lay off a larger proportion of their workers than Japanese firms do. ​ (It has been claimed t
bekas [8.4K]

Answer:

The answer is "choice a"

Explanation:

In the given question the missing choices is added in attached file please find it.

The additional output produced through hiring an extra item of such an input reflects the marginal product (MP). For the very first time. for example, its marginal labor productivity was increased output generated by recruiting additional work.  

This law diminishing marginal returns as more as units that even the marginal result of even an input, that is hired input.  

In other words, any additional work input would generate less than a previous employee because recruiting additional workers decreases expected revenue on jobs, the laid-off of employees, which means the Labor would grow expected revenue.  

In Japan is laying off fewer employees even despite the slowdown it continues to produce strong outputs. The lower-priced revenues and their work remain constant along with their steady overall performance.  

Your medium product (total) item divided by total work would stay intact. United states staff layover to the other side. It laid-off the staff equals higher marginal labor for overall returns it's going to be higher production besides that, lower labor in the United States could mean an increase in the gross labor output but a larger for Japan, more then, that's why the choice a is correct.

3 0
3 years ago
A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5
USPshnik [31]

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

          Total units produced in a month

                                 = 940 unit per month

          Time for each unit

                                 = 3.5 unit per hour

               Labor rate = $15 per hour

Step:1

           Total Labor working hours for 940 units,

                                  = Total units × Time for each unit

                                  = 940 × 3.5

                                  = 3290 hours

Step:2

           Labor cost total working hours

                                 = Total Labor working hours × Labor cost per hour

                                 = 3290 × 15

                                 = $ 49350

Result:

         The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

5 0
2 years ago
The economy is in a recession and the government wants to increase output. If the multiplier equals 3 and the government increas
Anika [276]

Answer:

The correct answer is option D.

Explanation:

Because of recession the government wants to increase output.

The increase in government spending is equal to $250.

The size of the money multiplier is 3.

The increase in output will be

== government\ spending\ multiplier\times increase\ in\ spending

=250\ \times\ 3

=750

So, the correct answer is option D.

8 0
3 years ago
You invest $3,000. You have speculated that you will earn an average of 7% on your initial investment each year. What do you exp
Ghella [55]

Answer: $5,901

Explanation:

7 0
3 years ago
In business writing, it is effective to tell a story because readers can_____.
Elan Coil [88]
Write the story brief so the readers can paraphrase. they can basically rewrite it.<span />
7 0
3 years ago
Read 2 more answers
Other questions:
  • Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson, p
    11·1 answer
  • Which bid strategy should Sara use if her goal is to get more people to call her local catering business?
    14·1 answer
  • What is the formula for measuring price elasticity of demand? percentage change in price / percentage change in quantity demande
    13·1 answer
  • Joe is an 18 year old high school student. If there is a sharp rise in interest rates, which situation BEST reflects how Joe's l
    11·1 answer
  • Nan presents her plan for a slip-on shoe that is water repellent, inexpensive, and highly fashionable. She believes that the mar
    11·1 answer
  • If a baker notifies you that he will not deliver the bread for your restaurant. You must try to find bread even if it costs more
    10·1 answer
  • Resources are adequate, but demand varies widely over the life of the project. Delaying noncritical activities to lower peak dem
    5·1 answer
  • Someone who is risk averse has a general dislike for risk and a preference for certainty. If risk aversion eists in the market,
    15·1 answer
  • 1. Nunes, Orta and Paulo are partners providing engineering services. Relevant data regarding income-sharing relationships and c
    7·1 answer
  • Answer these questions picture above.<br><br>​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!