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1 year ago

To keep high inflation from eroding the value of money, monetary authorities in the united states.

1 answer:

6 0

To keep high inflation from eroding the value of money, monetary authorities in the united states control the supply of money in the economy.

<h3>What is supply of money?</h3>

The money supply in macroeconomics refers to the total volume of currency owned by the public at a certain point in time. There are various ways to describe "money," but the most common are currency in circulation and demand deposits.

The Fed can expand the money supply by decreasing bank reserve requirements, allowing banks to lend more money. In contrast, by increasing bank reserve requirements, the Fed can reduce the quantity of the money supply.

Our country's current monetary policy is expansionary, which implies that the money supply is artificially increased and interest rates are near zero. As a result, the growth rate of all dollars in circulation ("M2 Money Supply") reached a new high of 27% in 2020-2021.

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35. Porter's national diamond can be used to:

Anna007 [38]

Answer:

The Porter Diamond model explains the factors that can drive competitive advantage for one national market or economy over another. It can be used both to describe the sources of a nation's competitive advantage and the path to obtaining such an advantage.

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3 years ago

Net income is $1,000,000 for the year, EBT is $2,500,000, retained earnings in January were $5,000,000, common stock dividends p

Scilla [17]

Answer:

$5,700,000

Explanation:

The net income for the year is $1,000,000

The EBT is $2,500,000

The retained earnings in January were $5,000,000

The amount of common stock dividend that was paid for the year is $300,000

The common shares that are outstanding is 1,000,000

Therefore, the end-of-year retained earnings can be calculated as follows

= Net income+Retained earning-stock paid

= $1,000,000+$5,000,000-$300,000

= $6,000,000-$300,000

= $5,700,000

Hence the end-of-year retained earnings is $5,700,000

7 0

4 years ago

An Uber driver faces costs for driving that include sunk costs like insurance that contribute $.50 to the average cost per mile.

KonstantinChe [14]

Answer:

sunk costs like auto insurance (in this case) do not increase as driving increases

Explanation:

In the case when the uber driver faces cost for driving so the sunk cost such as insurance that contribute $0.50 but the other rider pay lower than $0.50 per mile so here the driver agrees as the sunk cost would not increased in the same way like driving rises.

Therefore the above represent the answer

3 0

3 years ago

You are to make monthly deposits of $1,721 into a retirement account that pays 8 percent interest compounded monthly. If your fi

Gala2k [10]

Answer:

FV= $126,585.60

Explanation:

Giving the following information:

Monthly deposit (A)= $1,721

Interest rate (i)= 0.08/12= 0.0067

Number of periods (n)= 12*5= 60 months

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {1,721*[(1.0067^60) - 1]} / 0.0067

FV= $126,585.60

5 0

3 years ago

A small clothing firm currently produces 50,000 shirts and blouses per month. The cost of its factory, raw materials, and labor

Vesnalui [34]

Answer:

b. $10

Explanation:

The computation of the cost per shirt is shown below:

= (The cost of its factory, raw materials, and labor) ÷ (production level)

= $500,000 ÷ 50,000 shirts

= $10

Since we have to compute the cost per shirt before the increase in production level so we do not consider the increased production level and increase labor and raw material expense.

6 0

4 years ago