Answer:
$250,000
Explanation:
The effect of a change in the money supply is given by the following equation: money increase/decrease x money multiplier
the money multiplier = 1/reserve ratio = 1/20% = 5
so the net effect of this transaction = -$50,000 x 5 = -$250,000
Answer:
a. zero.
Explanation:
Willingness to pay is the highest price a consumer is willing to pay for a good or service.
Consumer surplus is the difference between the willingness to pay and the price of a good or service.
If willingness to pay is equal to price, consumer surplus is zero.
If willingness to pay is greater than price, consumer surplus is postive and the consumer would purchase the product.
If willingness to pay is less than price, consumer surplus is negative and the consumer would not purchase the product.
Answer:
c) Provide detailed hazard and safety information about a controlled product
Explanation:
A safety data sheet is a sheet having listed all the information which involves in chemical handling, its hazards and storage management. It has physical, environmental and health related hazards and how it can be stored and managed and used.
All other options are wrong as SDS does not assist purchasing of chemicals and does not decide workplace policy. Therefore option a and b are wrong.
The rule of 72 says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.
so in this equation we would use: 72/x=12 then you solve for X
X = 6%
So it would take approximately 6% ROI
The AICPA is required to adopt ethics standards that are at least as restrictive as the IESBA rules.
Answer: Option D
<u>Explanation:</u>
IESBA stands for the international ethics standards board for the accountants. As clear from the full form, this board performs the activities of setting up the ethics which the accountants need to follow while they are performing their work of making the accounts.
This body is not a national level but established at an international level. The other body which is the AICPA also needs to adopt the rules which are as restrive as the ethics of the IESBA.