Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion
A is the primary determinant of consumption and is usually measured in terms of current disposable income .
Answer:
Dividend.
Explanation:
The managers of Mandy's Muffins, Inc., decide to distribute the profits to the corporation's shareholders are known as a <u>dividend.</u> A dividend is a part of the profits and retained earnings of the company that shared among its shareholders. The value of the dividend is determined on a per-share basis and is to be shared among the shareholders equally of the same class.
Answer:
A. Forecast for July = 42.
B. Forecast for August = 42.45
C. Because of seasonality in the banking industry.
Explanation:
A. Forecast for July = Forecast for June + Smoothing constant x (Forecasting error)
= 42 + 0.15 (42-42) = 42
B. Forecast for August = Forecast for July + 0.15 (Forecasting error)
= 42 + 0.15 (45-42) = 42.45
C. Because there is a great deal of seasonality in the processing requirements of banking industry, this forecasting method (exponential smoothing) might not be appropriate for this situation.
Answer:
- <u><em>To maximize the purchasing power of his income, Juand should accept the offert of Atlanta, GA.</em></u>
Explanation:
To answer this question you need the <em>comparative costs of living</em> in each of the trhee cities.
In a similar question, you can find the <em>cost of iiving indexes</em> for <em>Atlanta, Boston,</em> and <em>San Francisco</em>. Here is the table:
<em />
<em> Cost of living index</em>
<em>City (100 = U.S. City average)</em>
<em>Atlanta, GA 98</em>
<em>Boston, MA 160</em>
<em>San Francisco, CA 245</em>
Thus, to determine which offer <em>Juan should accept to maximize the purchasing power of his income</em>, divide each income by the cost of living index.
<u>Atlanta, GA:</u>
<u />
<u>Boston, MA</u>
<u>San Francisco, CA</u>
Rank the adjusted earnings in decreasing order:
- $510.20 > $437.50 > $407.16
Hence, in spite of the nominal earnings in Atlanta are the lowest, the higher cost of living indexes of the other cities, make that the offer from Atlanta the best one.
