On january 1, 2001, el salvador "dollarized" its economy. the u. s. dollar circulated throughout the country along with the salvadoran colon for the first year. by the end of 2002 the official currency circulating in this economy was the u. s. dollar. el salvador abandoned its own currency and adopted the currency of the united states because:

a. the government would no longer be able to finance deficits by printing money, and inflation would be under control.
b. the government would still be able to run deficits by printing money.
c. with dollars, monetary policy would be more effective at offsetting demand shocks in the economy.
d. the government would still be able to finance deficits by printing u. s. dollars, and inflation would be under control.

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

The research of robert siegler and eric jenkins on the development of the counting-on strategy is an example of design.