In his liquidity preference framework, keynes assumed that money has a zero rate of return; thus, select one: a. when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall. b. when interest rates fall, the expected return on money falls relative to the expected return on bonds, causing the demand for money to rise. c. when interest rates fall, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall. d. when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to rise.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

The gomez company, a merchandising firm, has budgeted its activity for december according to the following information: • sales at $500,000, all for cash. • merchandise inventory on november 30 was $250,000. • the cash balance at december 1 was $20,000. • selling and administrative expenses are budgeted at $50,000 for december and are paid for in cash. • budgeted depreciation for december is $30,000. • the planned merchandise inventory on december 31 is $260,000. • the cost of goods sold represents 75% of the selling price. • all purchases are paid for in cash. the budgeted cash disbursements for december are:

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.