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alex41 [277]
2 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]2 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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Define the terms:
navik [9.2K]

Answer:

Scarcity: In short supply of

Choice: Making a decision

Opportunity Cost: The loss of one aspect of a decision with the benefit of another

Efficiency: Being efficient and accurate as well as reliable

Inefficiency: Not being effective and wasting resources or time

5 0
2 years ago
The work of your group would be better done in teams if the members of the team are ________.A) independentB) autonomousC) indiv
NeTakaya

Answer:

The correct answer to the following question is D, which is "Interdependent"

Explanation:

Because many of the people work in a team but that team does not a team or they are not a team member, if they work separately in a chamber, and meet your team folks only in the meeting, then u are not a real team. If we are not interdependent to our team members then we not really a team, we called a team or a team member only at that time, when we work interdependently.

so that's why it is important to work in a team and also work interdependently

7 0
2 years ago
Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
Butoxors [25]

Answer:

$5625.60

Explanation:

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direct labour hours 100

direct materials $ 680

Direct labor cost $ 7,000

The unit product cost for Job P951 is;

Direct materials = $ 680

Direct labor cost $ 7,000

variable manufacturing overheads $ 6.00*100=600

total fixed manufacturing overheads= $ 273,000

total costs=$(680+7000+600+273000)=$281,280

unit product cost=$28,1280/50

=$5625.60

5 0
2 years ago
It is generally believed that LBOs (leveraged buyouts) occur because of: managerial mistakes or self-interest. poor financial pe
erastovalidia [21]

Answer:

The correct answer is letter "A": managerial mistakes or self-interest.

Explanation:

Leveraged buyouts or LBOs carry a mixed image in the corporate world. An LBO is a way to buy a business with funds that are almost entirely lent by loans or bonds. Under certain instances, the company's properties being borrowed are used as collateral for the loans. That allows companies to make major acquisitions without investing a lot of money.

However, <em>LBOs are mostly considered managerial mistakes because of the large amount of debt the firm incurs without certainty that the combined operations of the companies will generate enough revenue for repayment and profit.</em>

8 0
2 years ago
In the context of opportunity identification and selection, DuPont's discovery of Surlyn, a material with hundreds of potential
oksian1 [2.3K]

Answer: The correct answer is "B. A new resource".

Explanation: The discovery of Surlyn de DuPont, being a new material with multiple potential uses, which could be applied to the manufacture of many products would clearly fall under the category "a new resource".

5 0
3 years ago
Read 2 more answers
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