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What does an increase in profit margin mean? An increase in profit margin means that after costs are deducted, your business is earning more money from each product sold or client served. Why is profit margin important? Profit margin demonstrates the overall financial health of your business. Th...
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What is the short-run and long-run effect of an increase in nominal interest rate on the inflation rate? When there is a permanent decrease in money supply growth, real interest rate and real output remain constant. What will happen to the price level?
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To calculate your AOV, you need to divide your total revenue by the number of orders. AOV can be expressed as this formula: Average Order Value = Revenue / Number of orders For example, let’s say your store had 2,000 orders and earned $56,000 in March of this year. $56,000 divid...
A)increases by only the initial increase in reserves. B)does not change. C)increases by a multiple of the initial increase in reserves. D)increases by only one-half the initial increase in reserves. 11)The formula for the money supply that includes excess reserves and currency is A)D = ...
These procedures might incur a large amount of money that we don’t have on hand. Luckily, health insurance exists. It’s always a good thing to stay proactive and invest in important things like health insurance. However, health insurance doesn’t cover the entirety of medical costs. In a...