A company has a beginning inventory of \( \$ 20,000 \) and purchases during the year of \( \$ 110,000 \). The beginning inventory consisted of 2,000 units and 6,000 units were purchased during the year. The company has 3,000 units left at year - end. Under average - cost, what is Cost of Goods Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)

When the Consumer Price Index decreases from 140 to 125 less money is needed to buy the same amount of goods, so the value of money falls. more money is needed to buy the same amount of goods, so the value of money falls. less money is needed to buy the same amount of goods, so the value of money rises. more money is needed to buy the same amount of goods, so the value of money rises.

When the market for moncy is drawn with the value of money on the vertical axis and the quantity of moncy on the horizomal axis, if the Fed sells bonds then the money supply and the price level increase. money supply increases and the price level increases. moncy supply and the price level decrease. money supply increases and the price level decreases.

If the reserve requirement is 7 percent, a bank desires to hold no excess reserves, and it receives a new deposit of \( \$ 200 \), it will be able to use this deposit to make new loans amounting to \( \$ 200 \). must increase required reserves by \( \$ 28 \). will initially see reserves decrease by \( \$ 200 \). must increase required reserves by \( \$ 14 \).

Esercizio 4 Tizio ha concesso i seguenti prestiti: a) due anni fa la somma di \( € 800 \) ad interesse semplice al tasso annuo del \( 7 \% \) b) un anno e tre mesi fa la somma di \( € 600 \) Sapendo che egli riceve oggi la somma complessiva di \( € 1564,50 \) determinare a quale tasso annuo d'interesse e` stato concesso il secondo prestito.

The principle of monetary neutrality implies that an increase in the money supply will increase the price level, but not real GDP. real GDP, but not the price level. neither the price level nor real GDP. real GDP and the price level.