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
sergejj [24]
3 years ago
9

(a) Explain the quantity theory and(b) how does the theory explains the cause of inflation​

Business
1 answer:
n200080 [17]3 years ago
5 0
The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.

It assumes an increase in money supply creates inflation and vice versa.
You might be interested in
In an enterprise resource planning (ERP) system, the _____ component provides information on production costs and pricing.
posledela

Answer: manufacturing

Explanation:

In an enterprise resource planning (ERP) system, the manufacturing component provides information on production costs and pricing.

Enterprise Resource Planning is the gathering and organization of business data by using an integrated software suite.

It should be noted that ERP software typically contains applications that helps in automating certain business functions such as sales quoting, production, accounting etc

5 0
4 years ago
Suppose The government decides to increase taxes by 40 billion in order to increase social security benefits by the same amount
Marina86 [1]

Answer:

Suppose the government decides to increase taxes by $40 billion in order to increase Social Security benefits by the same amount. If the MPC is 0.9, will aggregate demand increase, decrease or remain unchanged at current prices with this combined tax transfer policy? No change Increase in AD O Decrease in AD

5 0
3 years ago
Why don't supply restriction programs work well in increasing farm prices and income?
Tju [1.3M]
Supply restricted program heavily reduce the amount of products that sold in the market (that mostly came from import) in order to increase the price and income for local business.
But one thing that needed to be considered is, when the price is increased, the demand for that product will decrease at the same time, so eventually the sellers will have to bring the price down again to increase the demand.
5 0
4 years ago
Read 2 more answers
If the price of a good falls by 10% and the percentage increase in the total amount consumers spend on the good is 10%, then the
lesya692 [45]

Answer:

well if you haves a 10% that's gonna be increasing but the real answer is 20% that's your answer

4 0
2 years ago
Daget Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated
AnnyKZ [126]

Answer:

$15.34

Explanation:

The formula and the computation of the predetermined overhead rate is shown be

Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours

where,

Manufacturing overhead is

= $359,860 + $8,300

= $368,160

And, the direct labor hours is 24,000

So, the predetermined overhead rate is

= $368,160 ÷ 24,000

= $15.34

4 0
3 years ago
Other questions:
  • Stone Restaurant, a five-star restaurant, changes its centerpiece, such as candles and vases, every day. The waiters also creati
    10·1 answer
  • Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 bil
    14·2 answers
  • A customer walks in to your pharmacy and wants to buy a Blood Pressure Monitor. They choose one that retails for $79.99. Today i
    10·1 answer
  • Bill's Bargain Bikes wants to provide their documents in a format readily available to everyone. How would you best advise your
    8·1 answer
  • The Republic of South Africa exports edible fruits and nuts into the common market known as the European Union, and imports from
    13·1 answer
  • Tanya, a social activist, works closely with a local nonprofit organization (NGO) to spread awareness about the importance of ed
    6·1 answer
  • How have technological advancements in knitting affected fabric production?
    9·1 answer
  • A _____ strategy can be best defined as a plan, used by international companies, that involves customizing products, promotion,
    6·2 answers
  • The current pandemic revealed gaps in Occupational health and wellness programs. Researchers found that a healthy workforce is a
    8·1 answer
  • The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!