Answer:
the banks will eventually make new loans totaling 9,000 and the money supply will increase by 10,000
Explanation:
The money multiplier is 1/0.10= 10. If 1,000 new dollars of currency are deposited in the banks, they must hold $100 as required reserves and can lend out $900. Through the money multiplier, loans will increase by $900*10= $9000. The expansion of the money supply is the original deposit + the increase in loans or $1,000+ $9,000= $10,000
The answer for Blank 1: C. total value of the money supply
The answer for Blank 2: D. number of citizens.
GDP per capita describes the average economic output that a single citizens had produce in a certain year.
In order to calculate this, we need to find out the total value of the money supply by adding total Consumption, investments, Government spending, and net export. After this, we divide the total value of the money supply with the number of populations in a country to find the average economic output.
Answer:
35 days
Explanation:
Receivables turnover rate = 23.5
Payables turnover rate = 12.5
Inventory turnover rate = 19.15
Length of firm's operating cycle :
(Days sales in inventory + average collection period)
Days' sales in inventory = (365 days / inventory turnover ratio)
Days' sales in inventory = (365 / 19.15)
Days's sales in inventory = 18.717 days
Average collection period : (365 / accounts receivable turnover ratio)
Average collection period = (365 / 23.5)
Average collection period = 15.531
(18.717 + 15.531)
= 34.248
= 35 days
Let x denote the number who order turkey but not ham. On the diagram, it's the non-intersecting part of one of the circles.
Let y denote the number who order ham but not turkey. On the diagram, it's the non-intersecting part of the other circle.
The intersection of the circles by definition represents the number who order both turkey and ham. It is denoted on the diagram by x ∩ y. Let's call it z.
The rectangle denotes all of the 1000 orders; the part of the rectangle outside of the circles is the number of customers who order neither turkey nor ham. Let's denote this region as w.
Using the given info, we have the following equations to solve:
x + y + z + w = 1000
x + z = 550
y + z = 305
w = 225
So we immediately know the value of w. Put it into the first equation:
x + y + z + w = 1000
x + y + z = 1000 - 225 = 775
so now we have the system
x + y + z = 775
x + z = 550
y + z = 305
Add the second and third equations, and subtract the first equation from the result:
x + y + 2z = 855
x + y + 1z = 775
------------------------
. . . . . . z = 80
So we can expect 80 of the next 1000 customers to order both ham and turkey. That's the question that was asked.
You can find the values of the others as follows:
Put 80 for z in the second and third equations and solve for x and y:
x + 80 = 550
x = 470
y + 80 = 305
y = 225
<span>So the full solution is x = 470, y = 225, z = 80, w = 225.
The final answer is 80</span><span> will order both turkey and ham.</span>
A financial plan is nothing more than a summary of your company's present financial situation and growth expectations. Consider any records that show your current financial status as a snapshot of the state of your company, and the projections as your hopes for the future. The financial plan is a snapshot of your company's current status,
As was previously stated. Your short- and long-term financial goals are informed by the predictions, which can serve as a springboard for establishing a plan of action. It aids you in establishing reasonable goals for the achievement of your company as a business owner.
Simply said, if you are well-versed in your finances, you are less likely to be taken aback by your current financial situation and better equipped to handle a crisis or rapid growth.
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