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Kruka [31]
4 years ago
15

Single-industry resource towns built around either excavating raw materials like coal or lumber or transporting them by train te

nd to spring up suddenly. many people move there to work for the company, and the rate of change is fast: one day there is a forest, the next, a growing town built around mobile homes in the bush. there are often few if any other things to do besides work. rates of depression tend to be high. which theoretical explanation for suicide would explain the higher rates of depression that can lead to suicide in places like this?
Business
1 answer:
Leto [7]4 years ago
6 0
<span>The higher rates of depression and suicide could be due to the localities lack of mental health support for depressed individuals. Also, when such towns quickly grow, then turn and essentially fail, there is often a dramatic amount of individuals that lose a large portion of their income. Financial insecurity can be a cause of depression which can then lead to suicide.</span>
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The economy of Elmendyn contains 3,000 $1 bills.
Salsk061 [2.6K]

Answer:

The correct answer is:

$3,000; $3,000; $3,000; $15,000; $5,454.54

Explanation:

An economy contains 3,000 bills of $1.

If people hold all the money as currency,

the quantity of money in the economy

= 3,000 \times $1

= $3,000

If people hold all money as demand deposits and maintain 100% reserves

The quantity of money is

= 100% of $3,000

= $3,000

If people hold equal amounts of currency and demand deposits, and the banks maintain a reserve ratio of 100%

The quantity of money

= $1,500 + 100% of $1,500

= $3,000

If people hold all money as demand deposits and banks maintain a reserve ratio of 20 percent

The money multiplier

= \frac{1}{0.2}

= 5

The quantity of money

= 5 \times $3,000

= $15,000

If people hold equal amounts of currency and demand deposits and maintain a reserve ratio of 20%,

Currency = Demand deposits

10 \times ($3,000 - C) = D

$30,000 - 10C = D

We can also write this as,

$30,000 - 10D = D

$30,000 = 11D

D = 2,727.27

So the quantity of money will be

= $2,727.27 + $2,727.27

= $5,454.54

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