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3 years ago

If we look at the equation for money demand from Irving Fisher, which of the following statements is true?

Business

1 answer:

Juliette [100K]3 years ago

6 0

Answer:

The correct answer is option D.

Explanation:

The money equation given by Irving fisher is popularly known as fisher's equation.

The equation is given as MV=PT

Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.

The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands. Together they show the volume of money in circulation.

P is the average price level and T represents the expenditures on all transactions or, in other words, output level.

Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.

There is no explicit mention of the interest rate in this equation.

So, option D is the correct answer.

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Glinda goes to the supermarket for her monthly grocery shopping. As she waits in the line at the cash register, she sees her fav

ycow [4]

Answer:

<em><u>Convenience products.</u></em>

Explanation:

Convenience products are those goods or services that are purchased by the consumer with high frequency without comparison criteria or high purchasing efforts. These products are widely distributed so that the consumer has the availability of purchase at any time. Examples include magazines, fast food, detergents and beverages.

Some of its features are:

Low price,
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2 years ago

A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use

Maru [420]

Answer: I think its A or B

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2 years ago

If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology

Andreyy89

Answer: b. Foreign direct investment.

Explanation: This is when a firm or business owns more than 10% of a a foreign company.

A foreign direct investment can be made by getting a lasting interest or by expanding one’s business or company into a foreign country.

The lasting interest makes Foreign Direct Investment from foreign portfolio investments, where investors passively hold securities from a foreign country.

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3 years ago

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Use the information in the chart to calculate the real exchange rate between the U.S. dollar and the Indian rupee. Round to the

JulsSmile [24]

Answer: 52.51 rupees/dollar

Explanation:

The real exchange rate attempts to account inflation in the countries being compared by using prices in the exchange rate.

The formula for calculating it is;

Real exchange rate = Nominal exchange rate *(Price index of domestic country/Price index of foreign country)

Real exchange rate in 2014 = 57*(99.5/108)

= 52.51 rupees/dollar

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3 years ago

Which of the following best describes a surplus?

muminat

Answer:

C. there is more supply than demand

Explanation:

surplus means extra so there's more in supply than demand

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3 years ago

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