If the reserve requirement of a bank is 33%, then $100 of MO will lead to $300 of M1. Thus, option (a) is correct.
What is bank?
The term bank refers to the financial institution offering the services related to the term money. The bank is manage financial system to handling accounts and manage the cash.
The bank is 33%
Money Multiplier= 
Money Multiplier= 1/33%
Money Multiplier = 3.03
Money Multiplier = 3 (Approximately)
M1= Money Multiplier×M0
M1= 3×100
M1 = $300
$100 of M0 will lead to $300 of M1.
As a result, the MO of the bank can lead to the $300. Therefore, option (a) is correct.
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Your question is incomplete, but most probably the full question was
O $300
O $33
O $1000
O $330
Answer:
It's mostly likely he would search the internet for information.
OMB's predominant mission is to assist the President in overseeing the preparation of the Federal budget and to supervise its administration in Executive Branch agencies.
Hope this help.Thank You!
B. credit to Unearned Warranty Revenue, $871
Answer:
C. Shut down the presses printing my book
Explanation:
Since the average variable cost of producing the book is above the demand curve, the best course of action is to shut down the printing (production) of more books. The author would lose less money by shutting down operations rather than continuing production at a variable cost higher than the demand he's receiving for the books.
In economics, when profit is less than the average variable cost, firms are advised to stop production in the short run and incur economic loss on fixed inputs. This is because with continued operations, total revenue would not only be lower than total cost, but rather, would also be less than total variable cost.
