What direction of change in velocity could explain the price level increasing by a smaller percentage than the money supply? What would this change in velocity imply about the frequency with which money changes hands?

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Answer 1

1. A direction of change in velocity that explains an increase in price level by a smaller percentage than the money supply is: A decrease in velocity.

2. An effect of this change in velocity (decrease) with respect to the frequency with which money is exchanged (changes hands) is that: A decline or decrease in velocity simply means that money changes hands less frequently.

What is money?

Money can be defined as a recognized economic unit that is generally accepted by the people as a medium of exchange for goods and services, as well as repayment of debts such as loans and taxes across the world.

Hence, money is a financial asset that is typically used for the purchase of goods and services.

What is the velocity of money?

The velocity of money refers to a measure of the rate at which money is being used by consumers for the purchase of goods and services.

Basically, the velocity of money can be used to achieve the following:

Measure the economic and financial health of a country.Measure the rate at which money is being exchanged (changes hands).Measure the circulation of money in an economy.

Mathematically, the velocity of money is calculated by using this formula:

[tex]V = \frac{PY}{M}[/tex]

Where:

P is the price level.M is the quantity of money.Y is the level of production or quantity of output.

Generally, an increase in price level by a smaller percentage than the quantity of money supplied represents a decrease in the velocity of money. Also, an effect of a decrease in velocity with respect to the frequency with which money is exchanged (changes hands) simply means that money changes hands less frequently.

In conclusion, the frequency with which money is exchanged (changes hands) should be equal to the quantity of money in an economy multiplied by the average number of times each unit of currency (money) is being spent by the people living in a country.

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Related Questions

fiona felt like there were not enough potential customers for her to earn a good living as a commission-based sales agent. therefore, fiona left that job and found work as an insurance claims agent, a more structured job. fiona could be described as having

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The generalized self effacy scale is centered on the the general belief in oneself to handle or slove problems and reach goals. Fiona could be described as having Self-efficacy.

Self-efficacy is simply known as the belief that an individual can achieve their goals they have, whether that is solving a puzzle.

Bandura (1997) stated four sources of self-efficacy and they are mastery experiences, vicarious experiences, verbal persuasion, and physiological and affective states.

For example, an individual who has a high level of self-efficacy in Structured jobs will feel confident in their ability to make more money in that field.

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Based on what Fiona did in response to her situation, she can be said to have a. an external locus of control.

An external locus of control:

Means that the person blames other things for any success or failure they have Means that a person takes action to correct their external environment instead of internal things

Fiona in this case blamed her inability to make enough on the external factor of not having enough customers. She then changed careers because of this.

We can therefore conclude that Fiona has an external locus of control.

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Options for this question:

a. an external locus of control.

b. high self-esteem.

c. emotional intelligence.

d. generalized self-efficacy.

what type of event is an agent conducting when he presents plan information that includes benefits and cost sharing in an audience-presenter format?

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Considering the marketing strategies ideas, the type of event an agent is conducting when he presents plan information that includes benefits and cost-sharing in an audience-presenter format is "Formal marketing/sales events."

This is because Formal marketing/sales events are a type of marketing sales event that is created or structured in a formal or an audience and presenter style.

It is usually done in a way that involves the salesperson giving plan-specific information via a content management system.

It also involves the presentation styles called carrier-approved sales presentations, talking points, and marketing materials.

Hence, in this case, it is concluded that the correct answer is "Formal marketing/sales events."

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some warehouse retail chains serve as both retailers who sell to consumers and ______ who sell to other businesses.

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Warehouse retail chains sometimes serve as both retailers and wholesalers

who sell to other businesses.

Wholesaler belongs to the chain of distribution which collects the goods

from the producer. It acts as the intermediary between the producer and

retailers. The wholesalers usually buy in bulk/large quantities and distribute

to the retailers.

The retailers collect the goods from the wholesalers and sell to the

consumers and acts as the intermediary between the wholesaler and

consumers.

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The term that Faber and Kimelberg use to describe the rise in land value and the possible displacement of poor and minority populations from an area as environmental amenities are added is:

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Environmental gentrification is the term that was used to illustrate the rise in land value as well as removal of poor and minority populations away as provision of environmental amenities is made by Faber and Kimelberg.

Environmental gentrification can be regarded aa the process involves displacement of low-income residents from a region as environmental amenities are added.

This was explaining by Faber and Kimelberg , that once there is rise in land value , there us high possibility of displacement of the poor.

Therefore,Environmental gentrification is the correct term.

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why might preparing taxes be different for people living in different states?

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Based on state analysis on tax preparation, preparing taxes might be different for people living in different states for many reasons, including different rules and regulations guiding different states.

Other reasons preparing taxes might be different for people living in different states are the following:

The amount of tax imposed on individuals is different from state to state.

Different states have particular laws that guide the tax compositions, collection, and penalties on failure to pay tax when due.

Hence, in this case, it is concluded that the correct answer is difference in laws and regulations concerning tax.

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Answer:

everyone must file state taxes but depending on where you live , you may not need to file federal taxes

Explanation:

beacuse have different law

a mattress manufacture paid its retailer, bed head, a sum of money to have bed head feature its mattresses in its weekly advertising flyers, radio spots, newspaper ads, and email campaigns. this is an example of a manufacturer giving ________ to its retailer.

Answers

The example stated in this question where mattress manufacture paid its retailer as well as bed head so that some features can be added to his mattress for advertisement is Personal allowances.

Personal allowances can be regarded as final deductions that is removed from the individual taxpayer's net income so that they can get the taxable Income.

Good example is demonstrated in the question whereby the mattress manufacture paid its retailer and the bed head.

Therefore, the correct term is Personal allowances .

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a major advantage of the corporate form of ownership is ______.

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One of the main advantages of owning a company as a corporation is that  there is B) limited legal liability

Limited liability:

Is a feature of corporations Means that the personal belongings of the owners are separate from that of the business and cannot be touched if things go awry.

When there is limited liability and a company fails, creditors cannot touch the personal assets of the owners under limited liability.

In conclusion, limited liability is a major advantage of the corporate form of ownership.

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Which of the following investments will earn the smallest amount of interest? a. $8,030, invested for 2 years at 2. 0% interest b. $1,901, invested for 8 years at 4. 0% interest c. $5,330, invested for 6 years at 2. 0% interest d. $3,970, invested for 6 years at 4. 0% interest.

Answers

Answer:

a.

Explanation:

A stock issued by a stable corporation that generally attracts conservative investors is called a(n) _______ stock.

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Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.

Blue-chip stocks refers to a type of stock investment which is well-established by reliable companies that has advantageous positions in their markets.

These type of firm which issues Blue-chip stocks are firm which has been successful in the industry and thus, rewards its shareholders with regular dividends.

Therefore, the Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.

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According to cisco, what was considered the inflection point for the internet of things?

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Based on the information released at the IoT World Forum in Dubai, according to Cisco, the thing that was considered the inflection point for the internet of things is "Strategic."

Cisco described the inflection point through its Executive Chairman, John Chambers.

John Chambers claimed that the inflection point is the strategic significance for the IoT in terms of interest and initiates.

Hence, in this case, it is concluded that the correct answer is "Strategic."

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make me brainless pls pls pls pls pls

Answers

i need one more brainliest to level up I feel it TwT

Answer: I can't but I can give you the fact that you cannot get brainliest by asking that.

Explanation:

Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) _______ account.

Answers

Based on accounting principles, Simar Sales Co. sells and installs kitchen appliances. Simar guarantees parts and labor for one year after installation. Simar would record potential claims in a(n) Warranty Liability account.

This is because a Warranty Liability account is a type of account that is established to record the number of the repair or replacement costs that a company expects to incur for commodities already shipped or services already conducted.

Warranty Liability account or Estimated Warranty Liability account are used mostly by firms that offer products that have warranty periods.

Hence, in this case, it is concluded that the correct answer is a Warranty Liability account.

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Answer:

Estimated Warranty Liability

Explanation:

When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, ideas, and more among themselves, it has developed what is called a __________. Multiple choice question.

Answers

Answer:

web comunity

Explanation:

describe one way in which consumers depend on producers

Answers

The producers generate food for themselves and others(example would be plants and algae); consumers do not produce anything, instead eating producers, other consumers or both.
Therefore, consumers depend on producers to obtain energy by eating them.

why having business is important?

Answers

Owning and running your own business can be more satisfying and fulfilling than working for someone else

a project has an initial cost of $52,700 and a market value of $61,800. what is the difference between these two values called?

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The difference between the initial cost and the market value is called Net present value.

Net present value refers to the value of the all future cash flows of an asset which are discounted to the present.

In other word, net present value is the difference between PV of cash inflows and PV of cash outflows.

Therefore, in conclusion, the difference between the initial cost and the market value is called Net present value.

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The difference between the initial cost and the market value is called Net present value.

The information regarding the net present value is as follows:

The net present value shows the difference between the initial investment and the present value of cash inflows. Since the initial cost is $52,700 and the market value is $61,800 so the difference is the net present value.

Therefore we can conclude that the difference between the initial cost and the market value is called Net present value.

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True or false: Manufacturer's reps help small firms, or firms expanding into new markets, achieve extensive sales coverage without having to pay for full-time personnel. True false question. True False

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According to business strategy, it is true that manufacturer's reps help small firms or firms expanding into new markets achieve extensive sales coverage without having to pay for full-time personnel.

This is because a manufacturer's rep is responsible for making sales on products made by the manufacturer.

However, while manufacturer's reps help small firms to expand through sales, they only get paid based on commission.

By getting paid based on commission, Manufacturers' reps won't pay full-time.

Hence, in this case, it is concluded that the correct answer is "True."

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to create strong partnering relationships, supply chain members must develop mutual trust, openly communicate, have common goals, recognize the benefits of interdependence, and

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Supply chain members must build mutual trust, communicate openly, share common goals, recognize the benefits of interdependence, and be willing to invest in each other's success.

Through these competencies, partnering relationships will be stronger and more effective in achieving the organizational goals and targets of each member of the supply chain.

The supply chain network comprises:

ProducersSellersWarehousesTransport companiesDistribution centersRetailers

It is essential that the relationship between a company and its suppliers is integrated and that one member contributes to the other's success, as each step of the supply chain is related to another.

Therefore, as the supply chain is a cycle, each step will impact the activities of the next step, requiring the integration of members and maintaining the quality of the product cycle until reaching the end customer.

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Leah is buying a car. She has saved money for a down payment, and she takes out a loan to finance the rest of the amount owed. How much will Leah have to pay back?

A. The principal only
B. The principal minus the down payment
C. The down payment only
D. The principal plus interest

Answers

Answer:

Answer: D

Explanation:

Leah takes out a loan to finance the rest of the amount owed. She will have to pay back the principal plus interest. The appropriate response is option D.

What is the principal ?

The principal of a loan is the sum that was initially borrowed and is still owing. Any accrued but unpaid interest related to the loan is not included in this sum. The phrase can also be used to describe the principal party to a contract or other type of commercial transaction.

The principal serves as the cornerstone upon which everything else is paid off or constructed, respectively, for both loans and investment accounts.

When a debt is incurred by the borrowing of money, interest is the sum that is charged. It may take a company or person some time to pay off a debt, so interest is frequently charged on a regular basis to promote prompt repayment of the initial sum.

Simple interest and compound interest are the two methods for calculating interest. Simple interest is calculated on a loan's principal. Compound interest is often referred to as "interest on interest".

Hence, the appropriate response is option D.

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When aggregate demand falls, to avoid a(n) and return to the long-run equilibrium, we must increase aggregate demand.

Answers

Answer:recession or contraction

Explanation:

Aryn and Mary started at the organization on the same day. Both are hard workers and perceive that they are equitably rewarded for their efforts. According to equity theory, it is likely that both will __

Answers

Answer:

Both will continue to put forth effort

Explanation:

I remeber this question from a hw

Identifying the problem, explaining why the issue is important, setting goals, pinpointing targets and tactics, and identifying allies are among the fill in blank strategy of HRW

Answers

Strategies in the human resources sector are responsible for managing the company's human capital, identifying problems and allies, setting goals, pointing out targets and tactics that will make the company's culture stronger.

Some HR functions are:

Manage internal relationships.

Carry out recruitment and selection processes.

Manage changes.

Develop training and development programs.

Human capital is the most precious resource of organizations, since the business environment is increasingly competitive, and therefore the set of knowledge and learning in a company will be the factor to develop creativity and innovation.

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Answer:

Advocacy

Explanation:

Advocacy

In which two places is aggregate generally found? floodplains and alluvial fans alluvial fans and mines mines and beneath the topsoil beneath the topsoil and above the topsoil.

Answers

Answer:its A

Explanation:

i just took the test

Aggregate is typically found in floodplains and grassy fans. Therefore, option A is correct.

How are aggregates formed?

Deposition of particles, including soil, silt, rocks, stones, and pebbles, results in the formation of an aggregate. They are deposited due to erosion and withering, two natural processes. Sediment accumulation will take place over the flood-prone area in floodplains.

When water runs across a mountain valley, soil, silt, and gravel aggregates are dumped in grassy fans. The aggregate of soil, rocks, and other materials is removed during mining to acquire minerals.

Underground physical, chemical, and biological activity results in the formation of soil aggregates. Human actions like tilling, stepping on the ground, or fertilising your garden might affect them. Finer soil primary particles join together to form aggregates first.

Sand, silt, and clay are the three basic constituents of soil. As they are known to soil scientists, aggregates can be formed from these particles.

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Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies total $5,000. Using this information and your knowledge of the banking system, select the best match for each item. Then calculate the values of reserves, required reserves, and excess reserves. Assume a required reserve ratio of 10%.

Answers

To calculate the values of reserves, required reserves, and excess reserves, while assuming a required reserve ratio of 10%, we have the required reserves to be $500.

This is because based on the assumed reserve ratio and the knowledge of the banking system, the required reserves is calculated as below.

Required Reserves: $5,000 × 0.10= $500.

Also, the calculated amount for the excess is: $4,500.

Where Required Excess: $5,000 - $500 = $4,500

The Reserves: $5,000.

Hence, in this case, it is concluded that the Required is $500, while the Excess is $4,500 and the Reserves is $5,000.

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Innovative team firms should have managers who provide ________, ________, and perspective to the team.

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Based on firms' strategies, Innovative team firms should have managers who provide Support, Guidance, and perspective to the team.

This is because firms that focus on innovation would make many mistakes or trials and errors before the actual innovation of their products is made.

Thus, in these situations, employees need managers that can provide supports and encouragement for them to build on their innovative ideas so as not to fear sanctions or penalties if things go wrong.

The employees also need guidance and perspectives from their managers to quickly and correctly transform their innovative ideas into reality.

Hence, in this case, it is concluded that the correct answer is "Support and Guidance, " accordingly.

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expansionary fiscal policy is used in order to ______ the economy.

Answers

Answer:

stimulate

expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer

When sales were down for the third month in a row, the sales manager called a meeting of all sales staff in order to analyze the situation and attempt to come up with some solutions. This example illustrates:

Answers

Answer:

problem-focused coping.

Explanation:

Problem-focused coping is that kind of coping aimed at resolving the stressful situation or event or altering the source of the stress.

In 2020, Erin (38) contributed $2,000 to a traditional IRA. She will use the single filing status, and her modified adjusted gross income (MAGI) is $31,000, all from wages. Erin has never taken a distribution from any retirement account. She is potentially eligible for a retirement savings contributions credit (Saver's Credit) of up to:

Answers

Based on the information given she is potentially eligible for a retirement savings contributions credit (Saver's Credit) of up to: $200.

The minimum threshold for single filing status is $31,500 threshold but based on the information given we were told that Erin modified adjusted gross income (MAGI) is $31,000 which is lower than $31,500.

Based on this Erin credit rate is 10% of the amount she contributed to the traditional IRA, which mean that she is eligible for a Saver's Credit of up to $200 calculated as:

Saver's Credit=$2,000×10%

Saver's Credit =$200

Inconclusion she is potentially eligible for a retirement savings contributions credit (Saver's Credit) of up to: $200.

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the graph above reflects a significant increase in world oil prices. what will the impact on aggregate supply most likely lead to?

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Since the graph reflects a significant increase in world oil prices, the impact on aggregate supply will result in an increase in input prices.

It should be noted that an increase in the prices of oil will affect the aggregate supply. The aggregate supply simply means the total supply of goods and services that are produced in an economy at a particular period.

The impact on aggregate supply most likely leads to an increase in the prices of inputs. Since there's a rise in prices of world oil, it'll lead to inflation and hence result in an increase in input prices.

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The Internet allows consumers to access information on-demand about products. This is an example of which kind of marketing utility

Answers

Answer:

the market utility of place and time

Explanation:

as they can do it from any place and any time

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