Answer:
The money multiplier of the economy is 20
Explanation:
Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.
The formula used for computing the money multiplier is as:
Money Multiplier = 1 / r
where
r is the reserve ratio that is 5%
So, putting the same value above:
Money Multiplier = 1 / 5%
Money Multiplier = 20
Answer:
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Answer:
The correct answer is letter "A": the price of the good to the consumer and producer.
Explanation:
While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called <em>insiders</em>.
Thus, <em>signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.</em>
Answer: C
Explanation:
Broker K's suggestion will cost Jim $148.57 less than Broker J's suggestion
Answer:
The third option appears to be the best answer
Explanation:
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