Real money balances Multiple Choice are computed by deflating nominal money assets by the average price level. refer to the amounts of nominal money that individuals hold. are measured by currency holdings rather than holdings in checking accounts. refer to the amounts of American money that an individual holds relative to gold or foreign currencies.

The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense

Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is: