Answer:
the required reserves will increase by 1,200 dollars
Explanation:
the required reserve ratio is 20%
for each dollar the bank receive in deposit it can loan up to 80% and must keep 20%
the multiplier will be: 1 / 0.2 = 5
each dollar of deposit will increase the money supply by 5
and each dollar withdraw will decrease money supply by 5
Therefore, for this deposit of 6,000 dollars the bank will kept:
$6,000 x 20% = $1,200
Answer:
Rise, fall, or remain unchanged and equilibrium quantity of corn will increase.
Explanation:
In this case, the equilibrium price of corn might RISE, FALL, or NOT CHANGE while the equilibrium quantity of corn increases.
Answer:
b. jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees
Explanation:
Based on the scenario been described, we can say that the difference between part time job and job sharing is, jobs that are classified as part-time are jobs that can be done in a shorter amount of time than that of a full-time job, whereas job sharing creates one full-time position out of two part-time employees, so option b is the correct answer. In part-time job, job are done in short period of time, whereby the employee will come and do his/her job within a short period of time and leave, while job sharing is a full time job but is been shared among full time employees to do their turns.
Answer:
Barter; for trying to coordinate trades
Explanation:
The barter is the system where the goods or services are exchanged with another goods or services. Here no money involvement is there
Only goods or services are exchanged with the different good or services
So it is a complete non-adequate mechanism and it should be tried for coordinating the trades
Therefore the above option should be considered
Answer:
Unit product cost= $84
Explanation:
Giving the following information:
Units produced 8,700
Direct materials $13
Direct labor $55
Variable manufacturing overhead $1
Fixed manufacturing overhead $130,500
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 130,500/8,700= $15
Unit product cost= 13 + 55 + 1 + 15= $84
