Answer:
$10,000 million
Explanation:
The computation of the change in the money supply is shown below:
At 10%
Required reserves= deposits × required reserve ratio
= $1000 million × 10%
= $100 million
Now
The total amount of money supply is
New deposits= 1 ÷ required rate of return x deposits
= 1 ÷ 10% × $1000 million
= 10 x $1000
= $10,000 million
At 5%
As we know that
Required reserves= deposits × required reserve ratio
= $1000 million × 5%
= $50 million
Now
The total amount of money supply is
New deposits= 1 ÷ required rate of return x deposits
= 1 ÷ 5% × $1000 million
= 20 x $1000
= $20,000 million
Now change in supply is
= $20,000 million -$10,000 million
= $10,000 million
<span>These are examples of an outside lobbying strategy. Instead of working within the system, the lobbyist turns to help from the outside, usually meaning the public and the media. By involving the public in lawmaking, the lobbyist is likely to gain increased cooperation- and as a result, votes- because the people feel like they are in control of their future.</span>
Answer:
$2,282,700
Explanation:
Calculation to determine the cost of goods sold for the year
Using this formula
Cost of good sold=Cost of goods manufactured for 2020-(Dec. 31, 2019 Work in process inventory-Dec. 31, 2020Work in process inventory)
Let Plug in the formula
Cost of good sold=$2,422,700- ($160,000-$300,000)
Cost of good sold=$2,422,700- $140,000
Cost of good sold=$2,282,700
Therefore the cost of goods sold for the year is $2,282,700
<span>If
a stock pays a constant annual dividend then the stock can be valued using the
present value of an ordinary annuity formula. You can use this formula with the
use of the amount of annual dividend being paid by the company on its stock.</span>
Answer:
The correct option is a. $61.25.
Explanation:
Note: The correct cost function of the farmer is as follows:
C(Q) = 0.05Q^2 ……………….. (1)
Differentiating equation
MC = C’(Q) = 0.1Q
P = Expected price = (25% * $3) + (50% * $3.50) + (25% * $4) = $3.50 ……. (2)
Since profit is maximized when MC = P, we equate equations (1) and solve for Q which is the expected profit-maximizing quantity as follows:
0.1Q = 3.50
Q = 3.50 / 0.1 = 35
Substituting Q = 35 into equation (1), we have:
C(Q) = 0.05 * 35^2 = $61.25
R(Q) = Maximum expected revenue = P * Q = $3.50 * 350 = $122.50
The farmer's maximum expected profit = R(Q) - C(Q) = $122.50 - $61.25 = $61.25
Therefore, the correct option is a. $61.25.