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3 years ago

If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?

Business

1 answer:

liberstina [14]3 years ago

7 0

Answer:

c. $4.68 trillion

Explanation:

Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.

The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.

If the velocity of money is 3, narrow money circulates three times, meaning the value of GDP will be the velocity of money multiplied by narrow money

=3 x 1.56 billion

=4.68 billion

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A book that weighs 0.35 kilograms is kept on a shelf that’s 2.0 meters above the ground. A picture frame that weighs 0.5 kilogra

Arisa [49]

E p = m · g · h
E p ( book ) = 0.35 kg · 9.8 m/s² · 2 m = 6.86 J
E p ( picture frame ) = 6.86 J
( same gravitational potential energy as the book )
6.86 = 0.5 · 9.8 · h
6.86 = 4.9 h
h = 6.86 : 4.9
h = 1.4 m
Answer: ... to a height of 1.4 m.

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3 years ago

Read 2 more answers

On January 1, 2017, Crown Company sold property to Leary Company. There was no established exchange price for the property, and

Mademuasel [1]

Answer:

Leary Company

The carrying value of the notes payable at December 31, 2017, after the first payment is made (assuming that the effective-interest method is used) is:

= $320,000

Explanation:

a) Data and Calculations:

0% Note payable = $400,000

Payment period = 5

Annual installmental payments = $80,000

Prevailing rate of interest for similar note = 8%

Schedule

Period PV PMT Interest FV

1 $-591,650.08 $80,000.00 $-47,332.01 $558,982.09

2 $-558,982.09 $80,000.00 $-44,718.57 $523,700.66

3 $-523,700.66 $80,000.00 $-41,896.05 $485,596.71

4 $-485,596.71 $80,000.00 $-38,847.74 $444,444.44

5 $-444,444.44 $80,000.00 $-35,555.56 $400,000.00

Total $400,000.00 $-208,349.93

Carrying value

Ending value = $400,000

Interest expense -47,332.01

Cash repayment -32,667.99

Carrying value = $320,000

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3 years ago

The introduction of ________ has greatly simplified trans-shipment between various modes of transportation. Group of answer choi

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Answer:

a. containerization

Explanation:

The containerization is defined as the system which uses intermodel containers for freight transport. By this methods, each container is considered an unit of product instead of smaller parts. The transport between shipment methods would be facilitated without affecting to commodities inside each containers. In addition, when many products are in the containers, the quantity of parcel can be easily controller. The standardized dimensions of containers used can help the exporter, importer or transporter easily make plan about shipment by different means.

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2 years ago

When Corinne asked why she didn't get the job, the manager replied, "I needed someone who understood basic accounting practices

OLga [1]

Answer:

The aspect of career readiness the manager feel Corinne was lacking was Knowledge

Explanation:

Career readiness is the preparation and process of acquiring skills, knowledge, talents that are required to start a career, maintain one's position in such career and grow.

The aspect of career readiness the manager feel Corinne was lacking was Knowledge because see made a statement that implied that Corinne lack basic understanding of accounting practice.

Knowledge is an aspect of career readiness that has to do with the theoretical or practical understanding of a subject matter. It is the information, skills and facts gained through experience and education.

Other skills that are acquired in the process of career readiness are communication skills, human relation skills, critical thinking skills etc.

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3 years ago

You bought a stock one year ago for $51.41 per share and sold it today for $59.82 per share. It paid a $1.03 per share dividend

RideAnS [48]

Answer:

Return from dividend yield= 2.0%

Capital gain = 16.4%

Explanation:

The return on a stock is the sum of the capital gains(loss) plus the dividends earned.

Capital gain is the difference between the value of the stocks when sold and the cost of the shares when purchased.

Total shareholders Return =

(Capital gain/ loss + dividend )/purchase price × 100

The total return can be broken down into

Dividend yield = Dividend/price × 100

= 1.03/51.41 × 100

=2.0%

Capital gain = capital gain/ price × 100

= (59.82 - 51.41)/51.41 × 100 = 16.4%

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2 years ago