In a small economy, the quantity of money circulating in the economy is $2.5 million. Real GDP for the current year is $5 million, and the average price level is 2. What is the velocity of money

Answers

Answer 1

Answer:

Velocity of money = 4

Explanation:

Given:

Real GDP = $5 million

Quantity of money circulating = $2.5 million

Average price level = 2

Find:

Velocity of money

Computation:

Velocity of money = [Real GDP x Average price level] / Quantity of money circulating

Velocity of money = [$5 million x 2] / $2.5 million

Velocity of money = [$10 million] / $2.5 million

Velocity of money = 4


Related Questions

The culture of a country in which a facility is located has an important influence on human resource management (HRM) practices. Other important factors are the education and skill level of a country's labor markets, its political-legal system, and its economic system.


When a company operates in many different countries, its HR managers need to develop expertise in each country's economic system and political-legal system and gain knowledge about the education and skill levels of the country's workers. HR practices, such as performance management, hiring and recruiting, compensation, training, and policies that reflect the laws and regulations to which the company is subject, all impact its HRM decisions.

This activity is important because these factors affect a company's HRM strategies, which is critical in an age of increasing globalization.

The goal of this activity is to determine which factor most strongly influences human resource management in international markets.


Read each action taken related to an HR policy, then select the appropriate factor to which it most closely pertains.

1. The Japanese subsidiary reduced the emphasis on individual performance evaluations because performance was based on a collective rather than on an individual outcome.

2)2. Changes in European Union employment laws prevented the French subsidiary from implementing its downsizing strategy as planned.

3. The availability of low-cost, high-quality engineers caused the company to move its Asian resource and development center from Tokyo to Shanghai.

4. To encourage workers from capitalist countries to move to countries under socialist systems, such as Poland, the company needed to ensure that those expatriates would keep more of their earnings.

5. The Dutch subsidiary increased hiring and also expanded operations as a result of the availability of high-caliber scientists.

6. The process for filing evaluation forms for employees in the German subsidiary was redesigned because German law allows Germans the right to see their own personnel files.

7. The Russian subsidiary struggled to get employees to pursue advanced science degrees because, under communism, the tie between level of education and salary increases was not common.

8. Collaboration between the Chinese and British subsidiaries collapsed due to differences in the prevailing communication styles in the two countries.

Options

a)Cultural

b)Political -Legal

c)Education and Skills

d)Economic System

Answers

Answer: Cultural

2. Political-Legal

3. Education and skills

4. Economic system

5. Education and skills

6. Political-Legal

7. Economic system

8. Cultural

Explanation:

Cultural factor are the beliefs, values and the traditions that affects an organization.

The political-legal factor refers to the policies and the laws in place which affect a business.

Education and skills are the skills that are possessed by an individual and their level of education which has an impact on a business.

Economic system refers to the way through which societies organize and distribute the resources in the economy.

Based on the above definition, the answers to the questions will be:

1. Cultural

2. Political-Legal

3. Education and skills

4. Economic system

5. Education and skills

6. Political-Legal

7. Economic system

8. Cultural

why measurement of National Income is more difficult in developing countries like Nepal explain​

Answers

National Income is measured based on the data that is gotten from the income of the people living in the country and the value of the goods that are produced in the country.

A number of reasons are responsible why it is more difficult to measure national income in developing countries such as Nepal.

Some of these reasons includes:

Missing dataUnreliable dataLots of people provide false information because they would not want to pay taxes.

Read more about National income at https://brainly.com/question/24126185?referrer=searchResults

If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from _______ U.S. dollars per franc to _______ U.S. dollars per franc. 0.50; 0.33 0.80; 0.67 0.67; 0.80 0.33; 0.50

Answers

Answer:

The answer is below

Explanation:

Appreciation and depreciation is caused by demand. If the value appreciates (or goes up), demand for the currency also rises. Whereas if a currency depreciates, it loses it value.

Given that the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar. Sine the U.S dollar appreciates, hence the franc would depreciate. The franc depreciates from 1.25⁻¹ (0.8) U.S dollars per franc to 1.5⁻¹ (0.67) U.S dollars per franc.

If the U.S. dollar appreciates from 1.25 Swiss franc per U.S. dollar to 1.5 francs per dollar, then the franc depreciates from 0.80 U.S. dollars per franc to 0.67 U.S. dollars per franc.

Codes I + Investing activity; cash inflow I - Investing activity; cash outflow F + Financing activity; cash inflow F - Financing activity; cash outflow O + Operating activity; cash inflow O - Operating activity; cash outflow NC Noncash investing and financing activity Events or Transactions (10 points) _____ 16. Paid the weekly payroll _____ 17. Paid an account payable _____ 18. Issued bonds payable for cash _____ 19. Declared and paid a cash dividend _____ 20. Paid cash for a new piece of equipment _____ 21. Purchased treasury stock for cash _____ 22. Paid cash for stock in another company _____ 23. Received interest on a long-term bond investment _____ 24. Received cash for sales _____ 25. Sold a long-term stock investment for cash at book value

Answers

Answer:

Operating cashflow has to do with the everyday running of the business which includes sales, and receiving revenue.

Financing cashflow has to do with capital which includes equity and long term debt.

Investing has to do with fixed assets and other company securities (purchase and sale therefore).

If cash is coming in, it is an inflow and if it is going out, it is an outflow.

16. Paid the weekly payroll ⇒ Operating activity; cash outflow.

17. Paid an account payable ⇒ Operating activity; cash outflow.

18. Issued bonds payable for cash ⇒ Financing activity; cash inflow

19. Declared and paid a cash dividend  ⇒ Financing activity; cash outflow

20. Paid cash for a new piece of equipment ⇒  Investing activity; cash outflow.

21. Purchased treasury stock for cash ⇒ Financing activity; cash outflow

22. Paid cash for stock in another company ⇒ Investing activity; cash outflow.

23. Received interest on a long-term bond investment ⇒ Operating activity; cash outflow.

24. Received cash for sales ⇒ Operating activity; cash outflow.

25. Sold a long-term stock investment for cash at book value ⇒  Investing activity; cash inflow.

Ms. Goldstein is required by the plan she represents to obtain enrollment forms that have carbon copies in the back. She gives one to the beneficiary, sends another to the plan and retains the third. What should she do with her copies of the enrollment forms?

Answers

Answer:

She should make every effort to safeguard the beneficiary information on those enrollment forms.

Explanation:

In the given situation, it is mentioned that the Goldstein needed from the plan and the same is presented to collect the enrollment forms also there is the carbon copies in the back side. The one is given to the beneficiary and it send to the another and than retain the third

So she should do with the enrollment form copies is that she make effort to save the information of the beneficiary  

If the order quantity doubles but the flow rate remains constant, what happens to the average amount of time a unit spends in inventory

Answers

Answer:

Increases by more than 50%

Explanation:

In the case when the order quantity is doubled but at the same time the flow rate is smae so the average time for a unit would be increased by more than 50% as if there is an increased in the demand rate so the order quantity is also increased so if the number of units generated doubles than the activity per time is also rised by 50% thats why it should increased more than 50%

When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?

Answers

Answer: d) Give them the title to her car.

Explanation:

If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.

Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.

Suppose that an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal, we can expect the wages of fitness instructors to:

Answers

Answer:

Increase.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

According to the law of demand, there exist a negative relationship between the quantity of goods or services demanded and the price of goods or services i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

In this scenario, an increase in health consciousness increases the demand for fitness centers across the country. Other things being equal (ceteris paribus), we can expect the wages of fitness instructors to increase because their services would be sought or demanded by the trainers.

Cory is a real estate agent. She advises Gary to buy a property to flip. What does Cory mean by this suggestion?

A. buy a run-down property, renovate it, and sell it for a higher price
B. buy a property, rent it out for a few months, and then sell it
C. buy a property for his own future use
D. buy a prime property and sell it immediately
E. buy a property, demolish it, and use the land for farming

Answers

Answer: The answer is “A. Buy a run-down property, renovate it, and sell it for a higher price.”

Explanation: The term buy a property and flip-it is referring to buying a property of lower value. To flip-it is a term to fix it up and make it look nice and comfortable. To then sell it at a higher price then what they initially paid for. This is how you make money.

Have a nice day!

how do i get my month gross wage ? CATEGORY ITEM AMOUNT
INCOME Annual Gross Wage $18,080
Monthly Gross Wage
Net Wage (monthly) $1,925

Answers

Answer:

$1506.67

Explanation:

monthly gross wage = annual gross wage / 12

18080 / 12 = 1506.67

Based on the information provided for each vehicle and the needs and wants of the individuals in the customer profile, recommend the vehicle that will sell the most

Answers

Answer:

Vehicle no 2

Explanation:

Vehicle no 2 is most likely to be more preferred by customer because it has longest warranty period of 10 years unlike other vehicles. Vehicle has another feature of security which other vehicles lapse. It is more spacious as it has capacity for cargo as well. People can go on long drives and picnic with ease using this vehicle.

The total book value of WTC’s equity is $13 million, and book value per share is $20. The stock has a market-to-book ratio of 1.5, and the cost of equity is 9%. The firm’s bonds have a face value of $9 million and sell at a price of 110% of face value. The yield to maturity on the bonds is 6%, and the firm’s tax rate is 21%. What is the company’s WACC? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer:

5.38 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt

where,

Cost of Equity = 9.00 % (given)

After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %

Market Value of Equity = 1/5 x $13 million = $2.6 million

Weight of Equity = $2.6 million / $11.6 million = 0.22

Weight of Debt = $9 million / $11.6 million = 0.76

therefore,

WACC =  9.00 % x 0.22 + 4.74 % x 0.76

           = 5.38 %

thus

the company’s WACC is 5.38 %

The Savings and Loan Crisis in the 1980s was a result of the cost of the military. the federal budget surplus. the number of new taxes. the number of failing banks.

Answers

Answer: the number of failing banks.

Explanation:

The Savings and Loan Crisis lasted from the 1980s to the 1990s and saw the failure of 1,043 Savings and Loan associations (S&Ls). These small "banks" accept deposits and use them to create loans for their members.

The problem with these S&Ls was that they were making losses on the loans they gave out and instead of getting out of business, they engaged in speculative trading to offset their gains and lost even more money leading to the government closing them down.

Answer:

D

Explanation:

<3

The Internal Revenue Service (IRS) is the federal government agency responsible for (5 points) Group of answer choices Filling out your tax forms Writing tax laws Tax collection and tax law enforcement Keeping the unemployment rate low

Answers

Answer:

Tax collection

Explanation:

The IRS collects taxes, interprets the tax laws, and holds people accountable for paying taxes.

Which of the following falls under the category of current position analysis? a.Number of days' sales in inventory b.Inventory turnover c.Accounts receivable turnover d.Quick ratio

Answers

Answer:

The answer is D

= Quick ratio

Hope this answer helps you :)

Have a great day

Mark brainliest

Evara Cosmetics Inc. is a company that operates in 20 countries around the globe. The company clearly understands that the skin and hair type of customers varies from one country to another. Consequently, its products are customized to suit local needs and preferences of customers, even though the costs incurred while producing these products are exceptionally high. This strategy helps the company behave as a local firm in a foreign market. In this scenario, which of the following strategies is Evara Cosmetics Inc. most likely pursuing?

1. a multi-domestic strategy
2. an international strategy
3. a global-standardization strategy
4. a one-product strategy

Answers

Answer:

1. a multi-domestic strategy

Explanation:

A multi-domestic strategy is used by businesses to maximise local profitability in a society.

This is done by customising their products and marketing strategy to specific local needs.

It allows a business to compete favourably in various domestic markets.

In the given scenario Evra Cosmetics customized to suit local needs and preferences of customers, even though the costs incurred while producing these products are exceptionally high.

They are using the multi-domestic strategy to make a foreign company behave like a local one in the market.

Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs. b. Wages drop below the level of minimum wage. Companies have difficulties recruiting workers. d. Companies stop looking for people to fill unfilled jobs.

Answers

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

Answer:

Option C is Correct

Explanation:

this was a question in our class today, The answer is C.

why should a company have a code of ethics

Answers

A code of ethics distinguishes you from the bad companies

Seatbelts in a vehicle are in compliance with what basic right covered by the
Consumer Bill of Rights?
A. The right to be heard
B. The right to be informed
C. The right to choose
D. The right to safety

Answers

Answer:

D: The right to safety.

Explanation:

The right to safety is covered by the Consumer Bill of Rights, which is why seatbelts in a vehicle are required to ensure the safety of passengers. Therefore, option D is correct.

What are the Consumer Bill of Rights?

The Consumer Bill of Rights is a set of four fundamental rights that consumers are entitled to when purchasing goods or services. These rights include:

The right to safety - Consumers have the right to expect that products and services are safe to use and that potential hazards are minimized or eliminated.

The right to be informed - Consumers have the right to accurate and complete information about products and services, including ingredients, performance, and risks.

The right to choose - Consumers have the right to choose from a range of products and services at competitive prices.

The right to be heard - Consumers have the right to have their voices heard and to receive prompt and appropriate response to complaints.

The Consumer Bill of Rights was originally outlined by President John F. Kennedy in a speech to Congress in 1962, and has since been adopted by various organizations and governments around the world.

Learn more about Consumer Bill of Rights here:

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with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

Answers

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

Each year, White Mountain Enterprises (WME) prepares a reconciliation schedule that compares its income statement with its statement of cash flows on both the direct and indirect method bases.

In its 2018 income statement, WME reported $11,000 of interest expense on its outstanding bonds. During the year, WME paid its regular installments of $9,000 of interest in cash. In its reconciliation schedule, WME should:
A. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond premium.
B. Show a $2,000 negative adjustment to net income under the indirect method for the decrease in bond premium.
C. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond discount.
D. Show a $2,000 negative adjustment to net income under the indirect method for the decrease in bond discount.

Answers

Answer:

C. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond discount.

Explanation:

According to the scenario, computation of the given data are as follows,

Reported interest expense = $11,000

Interest expense paid = $9,000

So, Adjustment in net income = $11,000 - $9,000

= $2,000 (positive)

Here, The bond is issued at decreased discount when the interest cost exceeds the cash paid for interest expense and the effective interest rate exceeds the stated interest rate.

Hence, option C is the correct answer.

PLEASE

I recently got a new phone and now it won't give me notifications for reminders. I've tried everything and I'm screwed. What are some ideas for rembering stuff throughout the day? For instance, I need to talk to my bio teacher tomorrow about an assignment but I'll forget since I don't have reminders. What are some methods that work other than shoving a post-it down my pocket?​

Answers

Answer:

you can make an agend or put noted on your fridge

Explanation:

economics! please HELP
What do you think Adam Smith would think of the capitalist societies today? (regarding his "invisible hand" philosophy)

Answers

Answer:

Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.

________ is the impact of currency exchange rate changes on the reported financial statements of a company. Group of answer choices Economic exposure Financial exposure Translation exposure Transaction exposure

Answers

Answer:

Im fairly sure the answer is Economic Exposure

The advertisement on the back page of Sandy's newspaper compared the cost savings between three major furnace manufacturers and listed each company by name. What type of advertisement was Sandy looking at

Answers

Answer: Comparative advertising.

Explanation:

Companies usually talk about how they are better than their competitors when trying to get people to patronize them and with comparative advertising, they actually show you that they are better.

They do this by showing a comparison between their products and prices with others so that one can see for themselves which brand is best. These ads are usually biased towards the company whose products the advertisers aim to sell more of.

Employees of a democratic leader feel like they have a
A) burden
B) voice
C) chance to make more money

Answers

B) voice because in the democracy it is for the people so the people's voice are heard

Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is scheduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contactor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of
A. Free Slack.
B. Shared Slack.
C. Total Slack.
D. Critical Slack.
E. Functional Slack.

Answers

Answer:

A

Explanation:

Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days

Total slack measures the total amount of time a project can be delayed before the project's completion.

Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.

Why is it important for the government to achieve these five objectives?
Full Employment
Price stability
Sustainable Economic growth
Redistribution of income
Balance of payment stability

Pls give a reasonable answer :)

Answers

Answer: Equality

Without proper guidelines in place one would outweigh the other cause an imbalance. If the government didn't keep those equal there wouldn't be enough stability and nobody would be able to live fairly.

Write ___ on this section of the check.

The amount of the check in numbers
Your signature
The person or company name you are paying
The amount written out in words

Answers

Answer: Your signature

Explanation:

A check, is a document which orders that the bank should pay a certain amount to an individual or firm from the account of the person whom is known as the drawer.

The highlighted portion in the check is where the signature will get written. The amount of the check in numbers is written at the right topmost corner. Without the signature of the drawer, the money will not be paid out.

Someone is retiring next year. What would be an appropriate amount of risk to take with their investments?

Answers

Answer:

Medium risk, medium growth
Not sure if I’m correct
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