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alex41 [277]
3 years ago
15

Suppose you deposit ​$2,200 cash into your checking account. By how much will the total money supply increase as a result when t

he required reserve ratio is 0.4​0? The change in the money supply​ is: ​$ nothing ​(enter your result rounded to the nearest dollar​).
Business
1 answer:
zhannawk [14.2K]3 years ago
6 0

Answer:

The money supply increases by $3300.

Explanation:

Money multiplier = 1/reserve ratio

= 1/0.4

= 2.5

the change in the money supply = deposit *multiplier -deposit

= $2,200*2.5 - $2,200  

= $3300

Therefore, The money supply increases by $3300.

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Which of the following best describes equilibrium?
QveST [7]

Answer:

C. A situation where no economic agent would benefit by changing his or her behavior

Explanation:

An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.

In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.

Hope that helps.

3 0
3 years ago
Can a manager yell at employees in front of customers answers
Setler [38]

Can you yell at your kids infront of other people. The answer is yes :)

5 0
3 years ago
For Year 2, Etzkorn Corporation's sales were $1,480,000, its gross margin was $580,000, its net operating income was $63,714, it
mixer [17]

Answer:

Return on equity = Net income/Shareholders' equity x 100

                            = $29,600/$829,000 x 100

                            = 3.57%

The company's return on equity is closest to 3.67%

Explanation:

Return on equity is the ratio of net income to shareholders' equity. The net income = $29,600 and shareholders' equity = $829,000. The division of net income by shareholders' equity gives return on equity.

6 0
3 years ago
Suppose buyers of computers and printers regard the two goods as complements. Then an increase in the price of computers will ca
Marysya12 [62]

Answer:

The answer is: A) Decrease in the demand for printers and a decrease in the quantity supplied of printers.

Explanation:

Since computers and printers are complimentary products, the increase in the price of computers will decrease the quantity demanded of computers and printers. Since the quantity demanded for printers will decrease, the quantity supplied should also decrease.

5 0
4 years ago
The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the
ArbitrLikvidat [17]

Answer:

A. elective surgery due to its lower marginal utility per dollar of expenditure.

Explanation:

As there is non essential elective surgeries, as from government's point of view since it is non essential that is not required and not utilized by major citizens of the country, and since there is requirement of budget cut-down. The government shall remove elective surgery.

as the amount of expenditure involved in these surgeries is also high and the resulting utility for each surgery is really low, it shall be removed.

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3 years ago
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