BUSINESS HIGH SCHOOL

3. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Megan spends all of her money on comic books and beignets. In 2010 she earned $18.00 per hour, the price of a comic book was $9.00, and the price of a beignet was $1.00. Which of the following give the nominal value of a variable? Check all that apply. Megan's wage is $18.00 per hour in 2010. The price of a beignet is 0.11 comic books in 2010. Megan's wage is 2 comic books per hour in 2010. Which of the following give the real value of a variable? Check all that apply. Megan's wage is 18 beignets per hour in 2010. The price of a comic book is $9.00 in 2010. Megan's wage is $18.00 per hour in 2010. Suppose that the Fed sharply increases the money supply between 2010 and 2015. In 2015, Megan's wage has risen to $36.00 per hour. The price of a comic book is $18.00 and the price of a beignet is $2.00. In 2015, the relative price of a comic book is . Between 2010 and 2015, the nominal value of Megan's wage and the real value of her wage . Monetary neutrality is the proposition that a change in the money supply nominal variables and real variables.

Answers

Answer 1
Answer:

Megan's wage is 18 beignets per hour in 2010. The price of a comic book is $9.00 in 2010. The price of a comic book is $18.00 and the price of a beignet is $2.00; Monetary neutrality is the proposition that a change in the money supply nominal variables and real variables.The inflation rate is the difference between nominal and real variables. Nominal variables are based on the current prices and are measured in price based on the value they hold at a given time. Real variables are adjusted for the ever changing price level and they change over time. 
Answer 2
Answer: The right answer for the question that is being asked and shown above is that: "Megan's wage is 18 beignets per hour in 2010. The price of a comic book is $9.00 in 2010; The price of a comic book is $18.00 and the price of a beignet is $2.00; Monetary neutrality is the proposition that a change in the money supply nominal variables and real variables."

Related Questions

A U.S. business buys new computers for its office workers from a U.S. computer manufacturer. The value of transaction would be included in which category in the graph?a. consumer sector c. government sector b. investment sector d. net exports
A sales tax is a type ofprogressive taxindirect taxproportional taxdirect tax
Which term is used to describe what those in one country buy from those in other countries?a. exportsb. importsc. tradesurplus
Abbey Co. sold merchandise to Gomez Co. on account, $25,700, terms 2/15, net 45. The cost of the goods sold was $14,731. Abbey Co. issued a credit memo for $3,100 for merchandise returned that originally cost $1,458. Gomez Co. paid the invoice within the discount period. What is the amount of gross profit earned by Abbey Co. on the above transactions?
When was the federal reserve act passes

The performance of a bank that continually concentrates in short-term deposits in euros and adjustable rate dollar loans with equal-rate sensitivity is:___________a) unaffected if euro interest rates increase and US rates decrease
b) unaffected is US interest rates increase and euro interest rates decrease
c) adversely affected if European interest rates increase and US rates decrease
d) adversely affect if US interest rates increase and euro rates decrease
e) A and B

Answers

Answer:

Search it for the best answer

Answer:

tex]\purple{\rule{45pt}{7pt}}\red{\rule{45pt}{99999pt}}

A condominium can be defined as a property that

Answers

The condominium is a type of property that serves as a large complex in the city. It's divided into individual units where a single or more units can be sold to one person. Ownership includes a type of interest related to common properties depending on the management that handles the building.

In our accounting department, one of the actions taken by a clerk has been to identify the most frequently used forms and to put them in an area where they can be easily accessed. The other less frequently used forms have been tagged and put in their own separate area. This action likely occurred from the use of which lean tool?

Answers

Answer:

a 5S program

Explanation:

This action likely occurred from the use of a 5S program. This is a program that focuses on the 5 S' which are Sort, Set in Order, Shine, Standardize, Sustain. These are used in order to analyze everything in an area in order to decide what is or isn't necessary, put things in order, cleaning, and setting up procedures for performing these tasks on a regular basis. Which is what the clerk has done by identifying these most and least frequent forms and organizing them accordingly for use on a regular basis.

Final answer:

The clerk likely used the lean tool 5S to organize the forms in the accounting department.

Explanation:

The lean tool that was likely used in the accounting department is 5S. 5S is a workplace organization method that focuses on sorting, setting in order, shining, standardizing, and sustaining. By identifying the most frequently used forms and putting them in an easily accessible area, and tagging and separating the less frequently used forms, the clerk applied the principles of 5S to improve efficiency and productivity.

Learn more about Organizational Efficiency here:

brainly.com/question/20466115

#SPJ12

What is the purpose of annotating mail?

Answers

To annotate something is to look over. You need to re-check your mail before you send it off. Make sure the address is right. Make sure everything on there is correct before you send it off. The people that deliver the mail need to make sure they are giving the right person the right mail.

Which of the following is an accurate description of trends in the banking industry over the last thirty years? A. Fewer people use banking services. B. Banks have become more decentralized. C. Banking has been unaffected by occasional recessions. D. Medium-sized banks have merged to become large banks.

Answers

The right answer for the question that is being asked and shown above is that: "C. Banking has been unaffected by occasional recessions." The statement that is an accurate description of trends in the banking industry over the last thirty years is that banking has been unaffected by occasional recessions

true or false for the best control of both the accelerator and brake pedals rest the heel of your foot on the floor??

Answers

FALSE!
the accelerator and the break pedal, the heel of the foot should remain on the floor.
It should not leave the floor and your left leg/ foot needs to be out of the way while you are operating your vehicle. 
Other Questions
Assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. The City pays its employees bi-weekly on Friday. The fiscal year ended on Wednesday, June 30. Employees had been paid on Friday, June 25. The employees paid from the General Fund had earned $90,000 on Monday, Tuesday, and Wednesday (June 28, 29, and 30). What entry, if any, should be made in the City’s General Fund?
Which financial activity helps a company based in another country?A.)foreign direct investment B.)market value C.)price floor D.)productivity
Possible losses due to negligence resulting in bodily harm or property damage to others are called ____________ risks. A. speculative B. liability C. property D. personal
For the insured, insurance is fundamentally a form of:a. tax b. premium c. profit d. security