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Crazy boy [7]
2 years ago
5

The formula for maximum demand deposit creation is ______ multiplied by the monetary multiplier.

Business
1 answer:
Likurg_2 [28]2 years ago
4 0

The formula for maximum demand deposit creation is excess reserves. multiplied by the monetary multiplier.

A demand deposit is what?

A demand deposit is money deposited into a bank account with funds that can be withdrawn on-demand at any moment. Demand deposit money is often used by the depositor to cover daily expenses. The bank or financial institution may offer a minimal or no interest rate on the deposit for monies in the account.

Demand Payment

A person may only withdraw a set amount every day or a maximum amount equal to their account balance. Money in a checking or savings account would be typical examples of demand deposits. Demand deposits differ from term deposits in this regard. Term depositors must wait a specific amount of time before making any withdrawals.

to know more about demand deposit

brainly.com/question/14292242

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Last month, Duncan Incorporated’s Assembly Division had total manufacturing costs of $457,250, total conversion costs of $279,00
mars1129 [50]

Answer:

The answer is: Duncan's materials costs per unit was $1.50 ($6.10 - $4.60) less than Davis's materials costs per unit.

Explanation:

We must first calculate the materials costs for both companies:

  • Duncan's total costs was $457,250 minus conversion costs of $279,000 equals total materials costs of $178,250.
  • Davis's total costs was $721,056 minus conversion costs of $381,408 equals total materials costs of $339,648 .

Now we calculate the materials costs per unit produced:

  • Duncan's total materials costs $178,250 divided by 38,750 units equals $4.60 per unit.
  • Davis's total materials costs $339,648  divided by 55,680 units equals $6.10 per unit.

So Duncan's materials costs per unit was $1.50 ($6.10 - $4.60) less than Davis's materials costs per unit.

.

6 0
3 years ago
2. Joseph is an HR professional at a major financial institution. When one of the high-level managers retires, Joseph is asked t
tiny-mole [99]

The unethical behavior in this situation is that Joseph recommends that the hiring manager offer his friend a position, even though he knows he doesn't qualify for the role.

<h3 /><h3>Importance of ethics in the recruitment </h3>

Ethics corresponds to a guide to positive and fair behavior, so in the selection process, it is essential that the recruiter is impartial, empathetic and seeks to select a candidate for a vacancy according to their profile and qualifications, without privileging or harming other candidates.

Therefore, Joseph's attitude, based on his high hierarchical position, was considered unethical, as it is not right to privilege people in an organization based on their personal relationship.

It is essential that as a high-level manager, Joseph develops ethical behaviors that set an example for his team.

Find out more information about ethics here:

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7 0
3 years ago
Annual sales are
finlep [7]

I believe the correct answer is C!

6 0
3 years ago
Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do m
NemiM [27]

Answer:

The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.

Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.

6 0
3 years ago
In the resource-based model of above-average returns, a capability is:
grigory [225]

Answer:

The correct answer is c. the capacity for a set of resources to perform a task or an activity in an integrative manner.

Explanation:

The central assumption of the resource-based model says that the company's unique capabilities, resources and core competencies influence the choice and use of strategies rather than the external environment of the company. This yields higher than average returns when uses its valuable and unique capabilities, expensive to imitate and impossible to substitute to compete against its rivals in one or more industries. The evidence indicates that the two models provide knowledge that is linked to the choice and successful use of strategies. Consequently, companies want to use their unique core resources, capabilities and competencies as the basis for one or more strategies that allow them to compete in industries they understand.

6 0
3 years ago
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