Answer: Option (A) is correct.
Explanation:
Given that,
Money supply increases (M) = 12 percent
Velocity decreases (V) = 4 percent
Price level increases (P) = 5 percent
Real GDP (Y) = ?
According to the quantity theory of money,
Percent Change in M + Percent Change in V = Percent Change in P + Percent Change in Y
12% - 4% = 5% + Percent Change in Y
Percent Change in Y = 8% - 5%
= 3%
Therefore, change in real GDP must be 3%.
Answer:
-$14 per share
Explanation:
The exercise value is the monetary value of Mrs. Jennifer's call option if she was going to exercise it. The exercise value is calculated by subtracting the current stock price from the strike price = $60 - $74 = -$14.
Since no one would exercise a stock warrant knowing that they will lose money, we can expect that Mrs. Jennifer does not exercise her call option. If she really wanted to purchase a stock from LPM it would be cheaper to buy it at its current market price.
If the reserve requirement of a bank is 33%, then $100 of MO will lead to $300 of M1. Thus, option (a) is correct.
What is bank?
The term bank refers to the financial institution offering the services related to the term money. The bank is manage financial system to handling accounts and manage the cash.
The bank is 33%
Money Multiplier= 
Money Multiplier= 1/33%
Money Multiplier = 3.03
Money Multiplier = 3 (Approximately)
M1= Money Multiplier×M0
M1= 3×100
M1 = $300
$100 of M0 will lead to $300 of M1.
As a result, the MO of the bank can lead to the $300. Therefore, option (a) is correct.
Learn more about on bank, here:
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Your question is incomplete, but most probably the full question was
O $300
O $33
O $1000
O $330
Answer:
a. $5,910
Explanation:
The computation of the deduction amount for depreciation is shown below:
= (Rental beach house - the amount of the land value) × depreciation rate
= ($900,000 - $600,000) × 1.97%
= $300,000 × 1.97%
= $5,910
Refer to the depreciation table and we assume the year would be 1 and the recovery period is 19 years is 1.97%
Three compartment sinks are used commercially by hotels or restaurants.
Each compartment in the sink is used for separate purpose.
First compartment is used for Washing the dishes, second one is used to rinse the dishes and the third one is used to sanitize the washers' hands.
The activities that are not allowed in these compartment are washing of cleaning clothes, washing of meat or vegetables, hand washing, throwing of wastes etc