Answer:
$17,000
Explanation:
Amount Deposited into checking account = $1,700 cash
Required reserve ratio = 0.10
Money multiplier = 1 ÷ Required reserve ratio
= 1 ÷ 0.10
= 10
Change in money supply = Amount deposited × Money multiplier
= $1,700 × 10
= $17,000
Therefore, the increase in total money supply would be $17,000.
Answer:
15 years
Explanation:
If you are constructing a portfolio to cover the education expenses of your child and you expect that he/she graduates from college in 15 years, then the time horizon of your portfolio should be 15 years since it should cover all the expenses until your child graduates. If you start a little earlier and expect your child to graduate in 20 years, the time horizon will be 20 years, or if you start a little later and expect your child to graduate in 10 year, then the time horizon is 10 years.
Answer:
Since a perfectly competitive firm must accept the price for its output as determined by the product’s market demand and supply, it cannot choose the price it charges. Rather, the perfectly competitive firm can choose to sell any quantity of output at exactly the same price. This implies that the firm faces a perfectly elastic demand curve for its product: buyers are willing to buy any number of units of output from the firm at the market price. When the perfectly competitive firm chooses what quantity to produce, then this quantity—along with the prices prevailing in the market for output and inputs—will determine the firm’s total revenue, total costs, and ultimately, level of profits.
Hi!
The answer to your question should be B. Pays the difference of the current value to the amount you owe.
Answer: (D) Scientific
Explanation:
According to the given question, the current research on the concept managerial skills is very important for improving the various types of management skills in an organization.
The scientific is not the managerial skills in an organization and the following are the four general management skills are:
- Technical skills
- Conceptual skills
- Political skills
- Interpersonal skills
The managerial skills is important in an organization as it has the problem solving ability and also effectively manage the performance and the opportunity in an organization.
Therefore, Option (D) is correct answer.
