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Xelga [282]
3 years ago
13

If the required reserve ratio is 10%, actual reserves are $10 million, and currency in circulation is equal to $20 million, M1 w

ill at most to be equal to a $150 million. b $20 million. c $90 million. d $30 million. e $120 million.
Business
1 answer:
Pie3 years ago
8 0

Answer:

The correct answer is E

Explanation:

M1, M2 and M3 are the terms which measure the money supply of United States, referred to as money aggregates.

The formula for computing the M1 is as:

M1 = coins as well as currency in circulation + checkable or demand deposit + traveler checks

where

Currency in circulation is $20 million

Demand deposit is as:

= Required reserve × Actual reserve

= 10 ×  $10 million

= $100 million

Putting the values above:

M1 = $20 million + $100 million

M1 = $120 million

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Answer:

Kindly check explanation

Explanation:

Using table for our evaluation :

____________POLLUTANT

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_________ ≥ 30 ____ ≥ 40 _____ z

Let amount of waste produced by Factories 1, 2 and 3 equal f1, f2 and f3 respectively.

Linear Program that will minimize the cost of reducing pollution by the desired amounts

Min cost:

min z = 1500f1 + 1000f2 + 2000f3

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3 years ago
The Pecking Order view on capital structure:
irina1246 [14]

Answer:

c. Argues that a firm's first choice for capital is retained earnings as there is no informational cost associated with using retained earnings.

Explanation:

The Pecking order theory states that a business should first of all seek for internal funds (retained earnings) as a first choice of capital.

When internal funds are depleted, it can now look to debt as a source of finance.

In turn when debt options have been exhausted the last resort is to look for funding from equity.

So the Pecking order argues that a firm's first choice for capital is retained earnings as there is no informational cost associated with using retained earnings.

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When money prices are used to facilitate comparisons of value, money is said to function as a.
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Hi! Your answer will be medium of exchange.
Hope this helps! Have a good day!

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Answer:

c

Explanation:

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Based on the tenets of fiscal policy, the following are true:

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Fiscal policy refers to things that the government does in order to influence the economy through spending and taxation.

When there is a decrease in taxes for instance, this is expansionary fiscal policy as the government is trying to increase the amount that people have to spend.

Find out more on fiscal policy at brainly.com/question/6583917.

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