If the reserve requirement on banks is 10 percent, then the
money multiplier for the economy is:
A) 15
B) 20
C) 1
D) 10
Answers
The money multiplier for the economy is D) 10.
The money multiplier represents the overall effect of changes in the reserve requirement on the money supply in the economy. It is calculated as the reciprocal of the reserve requirement ratio.
In this case, the reserve requirement on banks is stated as 10 percent, which means that banks are required to hold 10 percent of their deposits as reserves. The remaining 90 percent can be loaned out or used to create new deposits.
To calculate the money multiplier, we take the reciprocal of the reserve requirement ratio:
Money multiplier = 1 / Reserve requirement ratio
In this case, the reserve requirement ratio is 10 percent, which is equivalent to 0.10. Therefore, the money multiplier is:
Money multiplier = 1 / 0.10 = 10
This means that for every unit of reserves held by banks, the money supply in the economy can expand by a factor of 10. For example, if banks receive $1 in new reserves, they can potentially create $10 of new money through the lending process. Hence, the correct answer is D) 10.
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Related Questions
30 POINTS!! PLEASE HELP ASAP!!
Answers
When Jerry buys fuel for his own vehicle, the transaction shouldn't be noted in the company's account.
Using the prudence principle, determine what should or shouldn't be added to the company's account.The following transactions need to be added to the business's account:
Jacob supplied the company with items on credit.Sarah calculates that the office's market worth has increased by $50,000.JSL Inc. acquired shares in a different corporation.The following transaction shouldn't be recorded in the business's account:
Jerry buys gasoline for his own vehicle.Theo predicts that he would need to spend more money on buying raw materials next month.What exactly is the prudential concept?Avoid overestimating revenues recognized or underestimating expenses in accordance with the prudence idea. Additionally, when recording the value of assets, one should exercise caution and not grossly underestimate obligations. The outcome ought to be conservatively- financial disclosures
By avoiding the overstatement of income and assets in the firm's reporting, this approach makes sure the company is not overvalued. The prudence concept departs from standard accounting in that it anticipates no profits and accounts for all potential losses.
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a company issued 10-year, 6.00% bonds with a face value of $100,000. the company received $97,867 for the bonds. using the straight-line method of amortization, the amount of interest expense for the first annual interest period is: multiple choice $6,213.30. $6,000.00. $2,133.00. $5,786.70.
Answers
The correct answer is $6,000.00.
To calculate the amount of interest expense for the first annual interest period using the straight-line method of amortization, we need to determine the annual interest payment.
The annual interest payment is calculated by multiplying the face value of the bonds ($100,000) by the annual coupon rate (6.00%).
Annual interest payment = $100,000 * 6.00% = $6,000
Therefore, the amount of interest expense for the first annual interest period is $6,000.
Therefore, the correct answer is $6,000.00.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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I need help asapppppp!
Answers
Planing is the primary function of management.discuss
Answers
Explanation:
it is a primary function of management because it help in making the business and it makes it easier for the employees and everyone involved in the business in the workforce to see what is going to happen in the business and it's important for making decisions and such as trading and different types of that can a decision so it can also make it easier for the employees and the whole business to run smoothly because if you have a plan for everything then you can easily basically just you know work according to your needs and you can just flourish as a business
Brody’s firm produces trumpets in a perfectly competitive market. The table below shows Brody’s total variable cost. He has a fixed cost of $240, and the price per trumpet is $60.
a. Calculate the average total cost of producing 6 trumpets. Show your work.
b.Calculate the marginal cost of producing the 11th trumpet.
c. What is Brody’s profit-maximizing quantity? Use marginal analysis to explain your answer.
d. At the profit-maximizing quantity you determined in part (c), calculate Brody’s profit or loss. Show your work.
e. Brody also produces saxophones at a loss in a perfectly competitive market. Draw a correctly labeled graph for Brody’s firm showing the following at a market price of $200.
- Brody’s profit-maximizing quantity of saxophones
- Brody’s loss, completely shaded
Answers
The given situation is related with allied components of total cost of a trumpet. The answers are:
a) The average total cost of 6 trumpets is $360.
b) The marginal cost of manufacturing the 11th trumpet is $100.
c) Brody’s profit-maximizing quantity is 9 units.
d) At the profit-maximizing quantity in part (c), the Brody’s profit or loss is $ 80.
e) See image.
What is total cost?The total cost represents all the costs incurred by a business to produce a particular level of output. The calculation of this total of fixed and variable costs aids product managers in assessing their overall profit margin.
The said answers are based on the cost concept of micro economics studies made by researchers.
a) The Average total cost (ATC) for 6 trumpets = average variable cost + average fixed cost
ATC ⇒ $120 + $240 = $360
b) Marginal cost of producing the 11th trumpet = Difference between variable cost at 10 units producing and variable cost at 11 units producing. Thus extra unit marginal cost is $100 (390-290)
c) Brody’s profit-maximizing quantity is where the Marginal cost is minimum and the marginal revenue is more than the or equal to marginal cost. At quantity 9 the MR is $60 and $MC is 55 and Profit is $80. (highlighted in image)
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what kind of standardized tests do new yorkers take in high school?
Answers
Answer:
regents state tests SAT ACT
which best deceived the nature of cause and effect in the context of the business cycle?
A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause
Answers
All markets economies go through periods when consumption-spending on goods and services rises. Consumers buy more, companies invest more, and production, income, profit and employment increase. These periods are always followed by periods when investment and spending fall, and unemployment rises. This is the business cycle.
What would CRM software help you
do?
Answers
CRM software can help you in the following ways.
They can help in streamlining deals and marketing efforts, manage client connections, and see to client satisfaction.Also, the capability to track client relations and data can help businesses optimize their operations and identify areas for improvement.What is CRM software?CRM software or Customer Relationship Management software is an important tool which was created to help businesses manage their relations with customers and potential customers.
It allows businesses to store client data like contact information, purchase history, and communication preferences, all in one centralized location.
This data gotten from the software can be analyzed and used to perceive how a customer behaves, his preferences, and needs.
Thus, a CRM tool can help businesses cultivate strong relations with their customers and drive long- term growth.
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A metal compound has the formula xcl2 and a relative formula mass of 95.211. the relative atomic mass of x is
Answers
We are given that the metal compound has the formula XCl2, where X is the unknown metal, and the relative formula mass (M_r) of the compound is 95.211. To find the relative atomic mass of X, we'll need to follow these steps:
1. Determine the relative atomic mass of chlorine (Cl). This value can be found on the periodic table, and it is approximately 35.45.
2. Calculate the combined relative atomic mass of the two chlorine atoms in the formula. Since there are two chlorine atoms, we'll multiply the relative atomic mass of chlorine by 2:
35.45 * 2 = 70.9
3. Now, we can subtract the combined relative atomic mass of the chlorine atoms from the total relative formula mass of the compound to find the relative atomic mass of X:
95.211 - 70.9 = 24.311
The relative atomic mass of X is approximately 24.311.
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in the short run, a profit-maximizing firm should operate even when it is losing money, so long as the market –
Answers
In the short run, a profit-maximizing firm should operate even when it is losing money, so long as the market price is higher than the average variable cost (AVC) of production.
This is because the firm can still cover its variable costs and contribute towards its fixed costs. By continuing to operate, the firm can also maintain its market share and avoid potential long-term losses from shutting down and then having to re-enter the market later on.
However, if the market price falls below the firm's AVC, it should shut down in the short run to minimize its losses.
Hence, the right answer is the price is higher than the average variable cost (AVC) of production.
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advantages and disadvantages of municipalities
Answers
Answer:
The advantage is more locally laws like streat lights and roads but the disadvantage is budget
Answer:
Answer below --
Explanation:
Advantages:
Community Ownership. A municipal utility is owned by the city it serves.
Long-Term Community Goals. The emphasis for municipal utilities is helping to achieve the long-term goals of the community.
Local Control.
Local Regulation.
Local Presence.
Reliability.
The Public Interest.
Keeping Dollars in the Community.
Disadvantages:
Usually lower paying at the highest levels of your profession Usually less of a meritocracy than private sector. This can be a pro for subpar performers. Often less job clarity. In private sector, ideas that make money or save money are usually implemented. In public sector, maybe but maybe not15 $ x 140 hours a month
Answers
140 x 15 = 2100
Then work it into the problem
15 × 140 × 12
= $ 25200
IT IS 15 TIMES THE HOURS TIMES THE MONTHS SINCE THERE ARE TWELVE MONTHS
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ _______ and a credit to Prepaid Rent in the amount of $ ______. The remaining balance in the Prepaid Rent account after the adjustment was $ ______.
Answers
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day
what is a customer retention?
Answers
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
can i have brainliest
Zane works out in the ocean installing huge wind turbines to provide the coastal communities with clean energy. The Energy cluster pathway that Zane works in is _____.
Answers
Answer: energy and power technology.
Explanation: trust me i took the quiz
Zane works out in the ocean installing huge wind turbines to provide the coastal communities with clean energy. The Energy cluster pathway that Zane works in is energy and power technology.
What is energy?The phrase energy means the ability to accomplish work, which is the ability to apply a force that causes an item to move. Potential energy and kinetic energy are the two forms of energy. Each form can be converted or altered to another. Energy is what causes things to alter and move.
Zane is employed by the Energy cluster program, which trains students for employment in energy planning, generation, planning, maintenance, and distribution. Students are prepared for employment in the energy sector, especially those involving renewable energy sources like wind turbines, through the Energy Career Cluster.
As a result, the significance of the Energy cluster pathway that Zane works are the aforementioned.
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Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs
Answers
Income
WHY:
The expenses and extras and needs should all add up to the income and the income should be over these expenses
MARK ME BRAINLIEST PLEASE
Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Answers
Japan
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
A. upselling
B. consultative selling
C. relationship selling
D. personal selling
E. traditional selling
Answers
Answer:
Which selling approach is considered direct and focuses mainly on convincing the buyers that the item is needed?
A. upselling
B. consultative selling
C. relationship selling
D. personal selling
E. traditional selling
answer is B
The selling approach that is recognized direct and lays emphasis primarily on persuading the buyers about the need of the item would be:
D). Personal selling.
'Personal selling' is described as the selling approach in which the seller hires salesmen to get their products sold directly to the customers. In this technique, the salesman personally interacts with the consumers and uses his/her communication or other skills to convince them about the quality and the worth of the product. They often practically show the effects of the product to the consumers so that they are persuaded to buy it and they can make a maximum sale.Thus, option D is the correct answer.
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What are the disadvantages of a contract for deed? Select two. Allows time to become mortgage ready Seller retains the right to the property Down payment and closing costs can be negotiated No professional appraisal is required, so you might pay more than the home is worth
Answers
Answer:
Seller retains the right to the property
No professional appraisal is required, so you might pay more than the home is worth
Explanation:
A contract for deed is one that does not have the standard transfer of title from the seller to the owner. Rather the seller of a property retains title ownership while the buyer pays installmentally over time.
This agreement is common where the buyer does not meet requirements to obtain a loan. A small down payment can be made initially.
Disadvantages of contract for deed includes:
- Seller retains rights to the property, and he can cancel the contract if the buyer defaults even once on his payments.
- No professional appraisal is required, so you might pay more than the home is worth. There is no requirement for appraisal of the property so the buyer does not have a reliable estimate of property worth.
The disadvantages of a contract for deed are the seller retains the right to the property and No professional appraisal is required, so you might pay more than the home is worth.
What is a contract for deed?A contract for deed is one that does not have a standard transfer of title from the seller to the owner. Instead, the seller retains the title deed while the buyer pays the installments over time.
This agreement is usually when the consumer does not meet the requirements for obtaining a loan. A small payment can be made in advance.
Therefore, the disadvantages of contract for deed include:
The seller has property rights, and he can cancel the contract if the buyer fails even once in his payments. No professional appraisal is required, so you might pay more than the home is worth.
There is no need to inspect a property so that the buyer does not have a reliable estimate of the value of the property.
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The inflation rate measures the A. percentage change in the price level from one year to the next year. B. percentage change in the quantity of goods and services consumed by urban consumers. C. cost of the CPI market basket at base period prices divided by the cost of the CPI market basket at current period prices. D. cost of the CPI market basket at current period prices divided by the cost of the CPI market basket at base period prices. E. average price of the goods and services consumed by urban consumers.
Answers
Answer:
Its D
Explanation:
Which of the following risk-return statements is true? Group of answer choices Higher returns mean greater risk. Liquidity and return move up and down together. Higher risk is associated with higher liquidity. Lower risks are associated with less liquid assets.
Answers
The true statement about the following risk-return option is that a higher returns mean greater risk.
What is a risk return?As associated with investment risk, its involves the notion that the higher the risk, the higher the return on an investment and vice versa.
Hence, the true statement about the following risk-return option is that a higher returns mean greater risk.
Therefore, the Option A is correct.
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Khalil's teacher has asked him to change the orientation of his images. What does Khalil need to do? O A. O B. O C. O D. Change the shutter speed of his camera. Change the composition of the objects in the pictures. Change the position or direction of the pictures. Change the lighting in the pictures.
Answers
Answer:
C: change the position or direction of the pictures
Explanation:
I just took the quiz
A manufacturer of a product that has
been in business for more than a century suddenly has few
customers. Even lowering prices does not help. What should the
manufacturer do?
Answers
Running loyalty or customer reward programs may also be a way to prioritize consumers amid an economic crisis. Make changes to your goods and services to better meet the demands of your target audience. It's important to diversify your company in case you lose a big client. This is further explained below.
What is the manufacturer?Generally, A person or business that produces products for sale.
In conclusion, It may also be possible to prioritize customers during an economic crisis by implementing customer loyalty or incentive programs.
make adjustments to your products and services to better match the needs of your target market.
Having a diverse client base is essential in the event that you lose a major customer.
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Roger gets $ 40 $40dollar sign, 40 per day as wages and $ 4. 50 $4. 50dollar sign, 4, point, 50 as commission for every pair of shoes he sells in a day. His daily earnings goal is $ 112 $112dollar sign, 112.
Answers
Roger needs to sell 16 pairs of shoes in order to reach his daily earnings goal of $112.
To reach his daily earnings goal of $112, Roger needs to earn $72 more in addition to his daily wage of $40.
Let x be the number of pairs of shoes that Roger needs to sell in order to reach his daily earnings goal. Since he earns a commission of $4.50 for each pair of shoes he sells, he will earn 4.5x dollars for selling x pairs of shoes.
Thus, the equation that represents Roger's daily earnings is:
40 + 4.5x = 112
Subtracting 40 from both sides, we get:
4.5x = 72
Dividing both sides by 4.5, we get:
x = 16
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Create a comic strip, poster, or other visual art presentation that illustrates the forces of supply and demand, just as the dance routine in Supply and Dance, Man illustrated it using
the example of selling canes. Invent a fictitious business and illustrate how the business's successes shift supply and demand. Identify the supply and demand factors at play.
Answers
Answer:
demand is equal to 1000 and factors is equal to 5000
At a company located in California, the management team engages in to develop detailed plans in ______ case of a devastating earthquake.
Answers
At a company located in California, the management team engages in crisis planning to develop detailed plans in case of a devastating earthquake.
What is Crisis Planning?A disruptive and unforeseen occurrence that poses a risk to an organization or its stakeholders must be handled through the crisis management process.
The 1980s saw numerous large-scale industrial and environmental disasters, which gave rise to the subject of crisis management.
With this in mind, one should be crisis prepared in the events of an earthquake or any other event.
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wang wants to purchase a new computer from best buy. after he purchases the computer, the local best buy store notifies the buyer at corporate headquarters through the:
Answers
Answer:
Wang wants to purchase a new computer from Best Buy. After he purchases the computer, the local Best Buy store notifies the buyer at corporate headquarters through the
Explanation:
what is the interest rate charged per period multiplied by the number of periods per year called?
Answers
Question 2 of 10
What is product positioning?
O
A. The set of plans for product, price, place, and promotion that the
marketer will use
O
B. The use of names and symbols to identify the company's products
O C. The process of dividing up a total market into groups (segments)
with similar needs and buying behaviors
OD. A definition of how the company intends for customers to view its
product relative to the competition
Answers
Answer:
I think it should be D keep checking just in case