Which statement best describes the circular flow model?

Business

2 answers:

Salsk061 [2.6K]4 years ago

8 0

model represents the movement of money and resources through out the economy

olga_2 [115]4 years ago

4 0

The correct answer is A

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If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is

ryzh [129]

<span>If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is five. The money multiplier is also called as the monetary multiplier and the multiplier effect. It usually depends on the amount of the various deposits. </span>

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3 years ago

If the Federal Open Market Committee engages in an open market purchase, it will shift the money _____ curve to the _____. deman

omeli [17]

If the Federal Open Market Committee engages in an open market purchase, it will shift the money supply curve to the right.

When the Federal Open Market Committee engages in an open market purchase, it is conducting an expansionary monetary policy. The aim of expansionary policies is to increase the money supply in the economy.

When an expansionary monetary policy is conducted, there would be an increase in the supply of money in the economy. This would lead to a rightward shift of the money supply curve.

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2 years ago

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Answer:

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease.

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3 years ago

Mideast Airlines purchased a 777 aircraft on January 1, 2020 at a cost of

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Answer:

3,400,000 accumulated depreciation, 36,600,000 book value

Explanation:

Cost - salvage = amount to be depreciated

40,000,000-6,000,000=34,000,000 amount to be deprecated

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1,700,000x2-3,400,000 accumulated depreciation after 2 years

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I think the answer is market economy.

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4 years ago