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tia_tia [17]
3 years ago
12

If M = 6,000, P = 2, and Y = 12,000, what is velocity?

Business
1 answer:
NARA [144]3 years ago
5 0

Answer:

Velocity of money = 4

Explanation:

Given:

Money supply M = 6,000

Price level P = 2

Real GDP Y = 12,000

Find:

Velocity of money

Computation:

Velocity of money = [Price level x Real GDP] / Money supply

Velocity of money = [P x Y] / M

Velocity of money = [12,000 x 2] / 6,000

Velocity of money = [24,000] / 6,000

Velocity of money = 24 / 6

Velocity of money = 4

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You are the editor of a publishing company and are careful to register all of your books with the U.S. Copyright Office. One of
Ivahew [28]
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5 0
3 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
To reduce the amount of time it takes to apply packaging to its finished products, North Star Foods is implementing new equipmen
Veronika [31]

Answer: Primary activity.

Explanation:

Value chain analysis occurs when an organization carefully analyses their activities to know areas they need to maintain and areas to improve on, to excel above their competitors. When an organization introduces new equipments to help enhance production, they are trying to improve on operations which is a primary activity in value chain analysis.

6 0
3 years ago
Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Se
sertanlavr [38]

Answer:

Results are below.

Explanation:

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

<u></u>

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost= 38 + 36 + 6 + 9

Total unitary variable cost= $89

<u>Now, the income statement:</u>

Sales= 8,400*120= 1,008,000

Total variable cost= 89*8,400= (747,600)

Total contribution margin= 260,400

Fixed manufacturing overhead= (151,300)

Fixed selling and administrative expense= (109,200)

Net operating income= (100)

The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.</u><u> </u>

<u />

<u>First, we need to calculate the unitary production cost:</u>

Unitary production cost= 38 + 36 + 6 + (151,300 / 8,900)

Unitary production cost= $95

<u>Now, the income statement:</u>

Sales= 1,008,000

COGS= 8,400*95= (798,000)

Gross profit= 210,000

Total selling and administrative expense= 109,200 + (8,400*9)= (184,800)

Net operating income= 25,200

8 0
3 years ago
The GDP of Germany in 2008 was roughly 3.65 trillion. How do you write this in scientific notation?
DENIUS [597]

<u>Scientific notation:</u>

To write an amount in scientific notation the amount is written as multiplication of exponent of 10. In the given case we are asked to write the GDP of Germany 3.65 trillion in Scientific notation. The GDP is given 3.65 trillion and 1 trillion = 1,000,000,000,000. So we can write it as follows:

= 3.65 * 1 trillion

= 3.65 * 1,000,000,000,000

= 3.65 * 10^12


Hence the GDP of Germany in 2008 is <u>3.65 * 10^12</u>




4 0
3 years ago
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