Answer:
$50 million
Explanation:
Given that,
Suppose the Federal Reserve increases bank reserves and banks lend out some of these reserves,
Amount of money available = $5 million
Reserve requirement ratio = 10 percent
Money multiplier:
= 1/ Reserve requirement ratio
= 1/ 0.10
= 10
Money can banks create if they lend out the remaining amount:
= Money multiplier × Amount of money
= 10 × $5 million
= $50 million
Answer:
Total= 446,000 units
Explanation:
Giving the following information:
The inventory should equal 20% of the next month’s estimated unit sales. It estimates that October’s actual ending inventory will consist of 92,000 units. November and December sales are estimated to be 460,000 and 390,000 units, respectively.
Production:
Sales= 460,000
Ending inventory= (390,000*0.2)= 78,000
Beginning inventory= (92,000)
Total= 446,000 units
January and February are the 2 worst months to make a large profit by selling french fries. The most sold are during September and November. These months are much warmer than January and February.
The Age of Student on C is 24
Answer:
The correct answer is letter "A": If there is an error on your credit report, you are more likely to have higher interest rates or even get rejected for the loan altogether
Explanation:
Dealing with errors in your credit report is a disadvantage because financial institutions will have doubts about your credit history. In front of loan requests, banks are likely to increase the rate of interest they could charge you or even reject the loan at all because they will consider <em>the risk of lending you money is higher due to the inaccuracies on your credit report</em>.
