The cross elasticity of demand for senior workers is 1.5. Senior workers and entry-level workers are gross complements. 
The scale effect dominates in this example.
If the wage of the entry level workers increase, the demand curve would shift to the right.
<h3>What is the crosss price elasticity?</h3>
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Cross price elasticity  = 15% / 10 = 1.5
Complement goods are goods or resources that are used together. As a result of the decline in wages, senior workers would be laid off. This means that senior workers and entry level workers work together.
<h3>What is the effect on the demand curve if the wages of entry level workers increase?</h3>
If the wage of the entry level workers increase, the demand for senior workers wouuld increase. This would lead to a shift to the right of the demand curve for senior workers.
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Answer:
$ 50.625
Explanation:
Amount of deposit = $50
interest 5 percent  usually per year
Per year interest rate = 5/100= 0.05
Interest rate for 3 months= 0.05/12 x3
      	=0.0125
Interest amount =0.0125 x50= 0.625
Money in the account will be 
=$50+0.625
=$ 50.625
 
        
             
        
        
        
Answer:
Quantity of money changes by $50,000,000
Explanation:
Desired reserve ratio = 10% = 0.1
Currency drain ratio = 1% = 0.01
Money multiplier = (1+0.1) / (0.1+0.01) = 1.1/ 0.11 = 10
Value of securities purchased = $5 million
Change in quantity of money :
$5 million * 10 = $50 million
Currency created : currency drain ratio * change in quantity of money
0.01 * $50,000,000 = $500,000
Amount of bank deposit = quantity change - currency created
= $50,000,000 - $500,000 = $4,500,000
 
        
             
        
        
        
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An event profile can be regarded as set of event scripts, which helps to give description about an event.
This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.
Therefore, contract or event profile serves  all the client's requirements and gives all of the relevant information.
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Answer:
c. 25 percent. 
Explanation:
The computation of the reserve requirement percentage is shown below:
Given that 
Deposits made = $8,000
Loans = $6,000
So the required reserve is 
= deposits made - loans 
= $8,000 - $6,000
= $2,000
Now the required reserve is 
= $2,000 ÷ $8,000
= 25%
Hence, the correct option is c. 25 percent
We simply applied the above formula so that the correct value could come
And, the same is to be considered