Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of coffee, one donut, and one newspaper. in year one, the basket costs $10.00.

in year two, the price of the same basket is $9.00. from year one to year two, there is 1) (a) inflation (b) deflation at an annual rate of 2) (a)-10.00% (b) -1.11% (c) 1.00% (d) 11.11% .

in year one, $80.00 will buy 3) (a) .11 (b) .13 (c) 4.44 (d) 8 (e) 8.89 baskets, and in year two, $80.00 will buy 4) (a) .11 (b) .13 (c) 4.44 (d) 8 (e) 8.89 baskets.

this example illustrates that, as the price level falls, the value of money 5) (a) rises (b) falls (c) remains the same .

Which of the following actions is most likely to result in a decrease in the money supply? a. the required reserve ratio for banks is decreased. b. the discount rate on overnight loans is lowered. c. the federal reserve bank buys treasury bonds. d. the government sells a new batch of treasury bonds. 2b2t

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.