Answer:
What is the growth rate of nominal GDP?
the inflation rate?
the real interest rate?
Explanation:
money supply × velocity of money = price level × real GDP = nominal GDP
since velocity of money is constant, any change in the money supply will result in an equal change in nominal GDP. Since the money supply grows by 8%, the nominal GDP also grows at 8%
growth rate of the money supply + growth rate of the velocity of money = inflation rate + real GDP growth rate
8% + 0 = inflation rate + 3%
inflation rate = 8% - 3% = 5%
real interest rate = nominal interest rate - inflation rate
real interest rate = 9% - 5% = 4%
Answer:
$374,900
Explanation:
Doctor Company Statement of Cash Flow
Net Income $307,000
Reconciliation of net income to net cash:
Depreciation expense 32,000
.
Decrease in accounts receivable 50,000
Increase in inventory (12,000)
Decrease in accounts payable (8,600)
Increase in income taxes payable 1,500
Loss on sale of land 5,000
Net cash provided (used)by operating activities $374,900
helping a costumer by answering a question
Answer:
a short-run decision because the number of aircraft is held constant while the labor input is changed.
Explanation:
In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.
In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.
