What local resource may be best able to help consumers with their complaints?

If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou

zavuch27 [327]

Answer:

A

Explanation:

By definition, open-market operations change the monetary base.

In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

7 0

3 years ago

From 2007 to 2008, the Federal Reserve System reduced interest rates, the price that borrowers pay. As a result, economists expe

Musya8 [376]

Answer:

The supply of money will increase the demand of money.

Explanation:

The reason is that if the interest rate increase then it will increase the demand of the money and encourage investments which will further decrease the unemployment. This investment will also result in increased efficiency which will lower its price. This lowered priced product can now be exported to other countries which will increase the wealth of the country and help the country to resolve the balance of payment issues.

4 0

3 years ago

Aqua Corporation purchases nonresidential real property on May 8, 2016, for $1,000,000. Straight-line cost recovery is taken in

Tems11 [23]

Answer:

Explanation:

Sale Value 1500000

less:Adjusted basis (1000000-89765) 910235

a)Gain recognized 589765

b) in case of sale of real property,cooperates are subject to section 291 to recapture.According to section 291,cooperates taxpayers to recaptures 20% of the lessor of the gain recognized or accumulated depreciation taken.

The recaptured gain is taxed as ordinary gain.

The remaining gain is taxed as section 1231 gain.

Section 1231 Gain (589765-17953) 571812

Section 1250 recapture due to section 291 (89765×20%) 17953

3 0

4 years ago

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo

Alex17521 [72]

Answer:

1. CPI in the subsequent year: 1,135

2. Rate of inflation: 13.5%

Explanation:

1. Calculate the CPI

CPI is the consumer price index.

CPI is created using a basket of goods and services that are typically consumed.

In the given case the typical basket is:

25 pizzas

Rent of apartment

Gasoline and car maintenance

Phone service (basic service plus 10 long-distance calls).

Then to find the CPI for a determined year you multiply each item by its price and then add up all the results.

For the base year, the expenditures per month were:

25 pizzas at $ 10: $10 × 25 = $250

Rent of apartment: $600

Gasoline and car maintenance: $100

Phone service (basic service plus 10 long-distance calls): $50

Then, the CPI for the base year is:

CPI = $250 + $600 + $100 + $50 = $1,000

The year following the base year, the expenditures per month are:

25 pizzas at $ 11 : $11 × 25 = $275

Rent of apartment: $700

Gasoline and car maintenance: $120

Phone service (basic service plus 10 long-distance calls): $40

Then the CPI for the followng year is:

CPI = $275 + $700 + $120 + $40 = $1,135

2. Calculate the rate of inflation

The rate of inflation is defined as the increase of the CPI of the given year with respect ot the base year:

The formula to calculate the rate of inflation is:

Inflation = (CPI of the year - CPI of the base year) / (CPF of the base year) × 100

Inflation = [ (1,135 - 1,000) / (1,000)] × 100 = 13.5%

Hence, the rate of inflation for the subsequent year is 13.5%

7 0

3 years ago

The idea that many media products are digital files of ones and zeros sold in physical containers, is known as:

DIA [1.3K]

The idea that many media products are digital files of ones and zeros sold in physical containers, is known as: atoms to bits

6 0

4 years ago