Suppose a given country experienced low and stable inflation rates for quite some time, but then inflation picked up and over the past decade has been relatively high and quite unpredictable. explain how this new inflationary environment would affect the demand for money according to the portfolio theories of money demand. a. according to the portfolio theories of money demand, the demand for money decreases because individuals will prefer to hold more stable assets and less money. b. according to the portfolio theories of money demand, the demand for money does not change because the precautionary motive for money demand will cause people to hold the same amount of money. c. according to the portfolio theories of money demand, since money demand is positively related to interest rates, high inflation will increase the demand for money. d. there is not enough information provided to answer the question

5. understanding marginal and average tax rates consider the economy of citronia, where citizens consume only oranges. assume that oranges are priced at $1 each. the government has devised the following tax plans: plan a • consumption up to 1,000 oranges is taxed at 50%. • consumption higher than 1,000 oranges is taxed at 20%. plan b • consumption up to 2,000 oranges is taxed at 15%. • consumption higher than 2,000 oranges is taxed at 60%. use the plan a and plan b tax schemes to complete the following table by deriving the marginal and average tax rates under each tax plan at the consumption levels of 300 oranges, 1,200 oranges, and 3,000 oranges, respectively. consumption level plan a plan b (quantity of oranges) marginal tax rate average tax rate marginal tax rate average tax rate (percent) (percent) (percent) (percent) 300 1,200 3,000 complete the following table by indicating whether each plan is a progressive tax system, a proportional tax system, or a regressive tax system. progressive proportional regressive plan a plan b

Under what circumstances might you be protected by the equal credit opportunity act?

Amanufacturing company has a beginning finished goods inventory of $15,300, raw material purchases of $18,700, cost of goods manufactured of $33,900, and an ending finished goods inventory of $18,500. the cost of goods sold for this company is: