Business, 07.11.2019 20:31 cecilialopez7362

The classical dichotomy is the separation of real and nominal variables. the following questions test your understanding of this distinction. rina spends all of her money on paperback novels and donuts. in 2009 she earned $14.00 per hour, the price of a paperback novel was $7.00, and the price of a donut was $2.00.1: which of the following give the nominal value of a variable? check all that apply. a) the price of a donut is $2.00 in 2009.b) rina's wage is $14.00 per hour in 2009.c) rina's wage is 2 paperback novels per hour in 2009.2: which of the following give the real value of a variable? check all that apply. a)the price of a paperback novel is 3.5 donuts in 2009.b)rina's wage is 7 donuts per hour in 2009.c)rina's wage is $14.00 per hour in 2009.3: suppose that the fed sharply increases the money supply between 2009 and 2014. in 2014, rina's wage has risen to $28.00 per hour. the price of a paperback novel is $14.00 and the price of a donut is $4.00.in 2014, the relative price of a paperback novel is(.29 donuts/ 3.5 donuts/ $4.00/ $14.00) .between 2009 and 2014, the nominal value of rina's wage(increases/ decreases/ stay the same) and the real value of her wage (increases/ decreases/ stay the same) .monetary neutrality is the proposition that a change in the money supply (affects/ doesnt affect) nominal variables and (affect/ doesn't affect) real variable

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:50, Attaullah2519

Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers. b) may not accept the offer because it is considered lavish entertainment. c) must obtain written consent from batts brothers before accepting the offer.

Answers: 1

continue

Business, 22.06.2019 13:30, ayoismeisalex

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Answers: 3

continue

Business, 22.06.2019 20:10, NorbxrtThaG

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account

Answers: 3

continue

Business, 22.06.2019 20:50, aberiele1998

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)

Answers: 3

continue

You know the right answer?

The classical dichotomy is the separation of real and nominal variables. the following questions tes...