Answer: Option (C) is correct.
Explanation:
Correct option: The price level and nominal wages.
According to the classical dichotomy, nominal variables moves proportionately with the quantity of money whereas real variables remains unchanged.
A classical model that is based on the flexibility of prices and wages, conclude that any changes in money supply only affects the nominal variables whereas real variables remains constant. This theory results in the independence of the real variables from any changes in the money supply and nominal variables.
Answer:
Option C
Explanation:
the correct answer is Option C
when the stock's dividend is expected to grow at a constant rate of 5 percent per year then the price of the stock expected to be higher by 5% over the span of one year.
hence, the only option which is correct is option C in which the expected growth is expected to be 5 % after one year.
A tradeoff is a balance achieved between two desirable but incompatible feature. So the reasonable answer would be B
Answer:
- Other Comprehensive income = $37,500
- Comprehensive income = $154,500
Explanation:
Other comprehensive income:
= Realized gain on sale of available-for-sale debt securities + Unrealized holding gain arising during the period on available-for-sale debt securities - Reclassification adjustment for gains included in net income
= 11,000 + 34,000 - 7,500
= $37,500
Comprehensive income = Net income + Other comprehensive income
= 117,000 + 37,500
= $154,500
Answer:
Sales revenue= $180,000
Explanation:
Giving the following information:
Budgeted sales:
May= 36,000 units
The selling price per unit is $5.
The sales revenue is calculated as the total number of units sold for the selling price:
Sales revenue= number of units*selling price
Sales revenue= 36,000*5= $180,000
