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Business, 21.06.2019 21:00
Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level
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Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
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Business, 22.06.2019 20:00
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
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Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
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History, 24.06.2019 11:50
History, 24.06.2019 11:50
History, 24.06.2019 11:50
Chemistry, 24.06.2019 11:50
Mathematics, 24.06.2019 12:00
Mathematics, 24.06.2019 12:00
Chemistry, 24.06.2019 12:00
Chemistry, 24.06.2019 12:00
History, 24.06.2019 12:00
Computers and Technology, 24.06.2019 12:00