Change agentry may be an especially useful technique for

The amount of a good or service that a consumer is willing and able to buy at various possible

joja [24]

Answer:

demand

Explanation:

Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.

8 0

3 years ago

Ased on the quantity theory of money, if velocity is constant, inflation is likely to occur when:

Slav-nsk [51]

Answer:

Option (B) is correct.

Explanation:

The quantity theory of money can be expressed in the form of an equation that is

M × V= P × GDP

where,

M = Money supply

V = Velocity of money

P = Price level

GDP = Gross domestic product

P × GDP is the nominal GDP, it is the amount of required for purchasing the total amount of output. All the transactions are depends upon the income level of the consumers at the full-employment level. So, if there is an increase in the money supply, this will results in higher prices which means that an increase in the money supply over the real gross domestic product would cause the inflation.

Increase in the money supply will increase the nominal GDP but real GDP remains the same. But if the growth rate of money supply is equal to the growth rate of real GDP then there will be no inflation and Real GDP remains constant at the full-employment level, hence, its level of volume doesn't increase if the there is an increase in the money supply.

Therefore, increased growth rate of money supply over the real GDP causes inflation.

4 0

4 years ago

__________ is the advertising industries established self-regulation organization. answer the national advertising board of gove

Andreyy89

Answer:

ASRC advertising self regulatory council

7 0

3 years ago

The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6:

bogdanovich [222]

Answer:

Creative Design Co.

A. Bank Reconciliation Statement as of August 31:

Balance as per bank statement $32,278

Deposit in transit, $7,170

Checks outstanding, ($14,668)

Balance as per adjusted cash bal. $24,780

B. The amount that should be reported for cash is $32,278.

C. B) Yes. A bank reconciliation must always balance (reconcile), otherwise, the purpose of the reconciliation is defeated.

Explanation:

a) Data and Calculations:

1. Cash balance according to the company’s records at August 31, $24,270.

2. Cash balance according to the bank statement at August 31, $32,278

3. Checks outstanding, $14,668

4. Deposit in transit, not recorded by bank, $7,170

5. A check for $58 in payment of an account was erroneously recorded in the check register as $580.

6. Bank debit memo for service charges, $12

Cash Book Adjustment:

August 31 balance $24,270

add overstatement of check 522

less bank charges 12

Adjusted balance $24,780

8 0

3 years ago

Lori and monica are looking at the cans of coffee on display at a local supermarket. they are trying to decide which of two diff

Vesnalui [34]

Monica suggests that the larger size is usually a better buy. Lori is using a(n) "algorithm" ; Monica, a(n) "<span>heuristic".

Lori's technique is requesting or demanding, however ensured to disclose to her which can is the better purchase. Monica's strategy is brisk and simple, however it may not yield the right answer. </span>

7 0

3 years ago