The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Simone spends all of her money on paperback novels and donuts. In 2015, she earned $14.00 per hour, the price of a paperback novel was $7.00, and the price of a donut was $2.00. Which of the following give the nominal value of a variable? Check all that apply. Simone's wage is 2 paperback novels per hour in 2015. The price of a donut is $2.00 in 2015. Simone's wage is $14.00 per hour in 2015. Which of the following give the real value of a variable? Check all that apply. Simone's wage is $14.00 per hour in 2015. The price of a paperback novel is 3.5 donuts in 2015. Simone's wage is 7 donuts per hour in 2015. Suppose that the Fed sharply increases the money supply between 2015 and 2020. In 2020, Simone's wage has risen to $28.00 per hour. The price of a paperback novel is $14.00 and the price of a donut is $4.00. In 2020, the relative price of a paperback novel is . Between 2015 and 2020, the nominal value of Simone's wage , and the real value of her wage . Monetary neutrality is the proposition that a change in the money supply nominal variables and real variables.

Each of the following scenarios is based on facts in anactual fraud. categorize each scenario as primarily indicating (1) anincentive to commit fraud, (2) an opportunity to commit fraud, or(3) a rationalization for committing fraud. also state your reasoningfor each scenario.a. there was intense pressure to keep the corporation ' stock from declining further. this pressure came from investors, analysts,and the ceo, whose financial well-being was significantly dependent on the corporation ' s stock price.b. a group of top-level management was compensated (mostly in the form of stock-options) well in excess of what would be considered normal for their positions in this industry.c. top management of the company closely guards internal financial information, to the extent that even some employees on a “need-to-know basis” are denied full access.d. managing specific financial ratios is very important to the company, and both management and analysts are keenly observant of variability in key ratios. key ratios for the company changed very little even though the ratios for the overall industry were quite volatile during the time period.e. in an effort to reduce certain accrued expenses to meet budget targets, the cfo directs the general accounting department to reallocate a division’s expenses by a significant amount. the general accounting department refuses to acquiesce to the request, but the journal entry is made trough the corporate office. an accountant in the general accounting department is uncomfortable with the journal entries required to reallocate divisional expenses. he brings his concerns to the cfo, who assures him that everything will be fine and that the entries are necessary. the accountant considers resigning, but he does not have another job lined up and is worried about supporting his family. therefore, he never voices his concerns to either the internal or external auditors.f. accounting records were either nonexistent or in a state of such disorganization that significant effort was required to locate or compile them.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.