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Mama L [17]
3 years ago
14

If nominal GDP is $900 billion and, on average, each dollar is spent six times in the economy over a year, then the quantity of

money demanded for transactions purposes will be Multiple Choice 750 150 3,600 450 900
Business
1 answer:
NeTakaya3 years ago
7 0

Answer:

Option B (150) is the correct answer.

Explanation:

Given:

Nominal GDP,

= $900

Money velocity,

= 6

As we know,

⇒ Nominal \ GDP=Quantity \ of \ demanded \ money\times Money \ velocity

By putting the vales, we get

⇒                    900=Quantity\times 6  

⇒           Quantity=\frac{900}{6}

⇒                           =150

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A firm that wanted to enable its employees to use and share data without allowing outsiders to gain access could do so by establishing a: intranet

This is further explained below.

<h3>What is an intranet?</h3>

Generally, A company that intended to provide its workers the ability to utilize and exchange data while preventing unauthorized third parties from gaining access to such data may do so by building an intranet.

In conclusion, a private network built using World Wide Web technologies; is a local or limited communications network.

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7 0
2 years ago
On-Time Delivery has a unique software program that tracks packages in real time and maps every step of their journey. Such a te
postnew [5]

Answer: Core capability

Explanation:

 The core capability is one of the type skills that set by an organization for managing all the business activities and achieving the desirable  results.

It is also focusing on the various types of core capabilities of the company. It helps in increase the growth and also the development of the company.

According to the given question, the ON-Time delivery is one of the type of unique software program that helps in managing all the real time packages and the technologies and this is known as the core capabilities.

  Therefore, Core capabilities is the correct answer.

8 0
3 years ago
X Company is concerned that it does not have enough employees to ensure adequate segregation of duties in its revenue cycle. Whi
MAVERICK [17]

Answer:

The correct answer is C)Opening the mail and recording entries in the sales journal.

Explanation:

It is the correct answer because both activities can be done sitting on the desk, using the same computer. All the other answers refer to activity pairs that would require physical activity, and this would reduce efficiency. For example, making journal records and delivering inventory are extremely disjointed activities, it is like being an accountant and a delivery person at the same job.

5 0
4 years ago
Ana Carillo and Associates is a medium-sized company located near a large metropolitan area in the Midwest. The company manufact
Oksi-84 [34.3K]

Answer:

total budgeted costs = $189,400

budgeted production = 1,000 units

standard rate = $189,400 / 1,000 = $189.40 per unit

total actual costs = $197,200

actual production = 1,120 units

actual rate = $197,200 / 1,120 = $176.07 per unit

  1. total fixed overhead variance = actual overhead costs - budgeted overhead costs =  $197,200 - $189,400 = $7,800 unfavorable. The actual overhead expense was higher than the budgeted.
  2. controllable variance = (actual rate - standard rate) x actual units = ($176.07 - $189.40) x 1,120 units = -$14,929.60 favorable. The actual overhead rate was lower than the standard rate, that is why the variance is positive.
  3. volume variance = (standard activity - actual activity) x standard rate = (1,000 - 1,120) x $189.40 = -1,120 x $189.40 = -$212,128 favorable. More units where produced than budgeted, that is why the variance is positive.

5 0
4 years ago
What is the difference between investing and saving
tresset_1 [31]
Investing is when you invest or expend your money into a business, stock, etc to make money. You can always invest safely or be risky but have a chance of losing your money. Saving is when you save up you money and don’t do anything with it neither spend it or invest it.
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