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sesenic [268]
2 years ago
10

Suppose that the central bank has increased the money supply such that there is an additional $ 868981 in excess reserves. If th

e reserve ratio is 11 percent, what is the maximum increase in money supply? Round your answer to the nearest dollar. $
Business
1 answer:
Olin [163]2 years ago
3 0

Answer:

$7,899,827

Explanation:

The computation of the maximum increase in money supply is shown below:

Data given in the question

Additional value in excess reserves = $868,981

Reserve ratio = 11%

By considering the above information, the maximum increase in money supply is

= Additional value in excess reserves × 100 ÷ reserve ratio

= $868,981 × 100 ÷ 11

= $868,981 × 9.09

= $7,899,827

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If,at the current level of output, a firm's average cost is greater than its marginal cost, then:
nata0808 [166]

e)average fixed cost must be constant

6 0
3 years ago
Each week, radio reaches about what percentage of all adults and teenagers? 94 percent, 91 percent
swat32

If each week radio reaches 94 percent of adults and 91 percent of teenagers, to get the average percentage it gets every week- with adults and teenagers, we have to add the two values and then divide them by two. So 94 + 91 is equal to 185 divided by 2 is 92.5% or 93%.

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5 0
3 years ago
Exercise 6A-1 High-Low Method [LO6-10] The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical c
Nitella [24]

Answer:

1) variable cost = $1.56 per day

fixed costs = $1,395 per month

2) another aspect that increases or decreases electrical consumption is the weather. During very hot days, more people use the air conditioner, which increases electricity costs. Very cold weather will result in a similar increase in electric consumption.

Explanation:

Month Occupancy-Days Electrical Costs

January 1,736 $ 4,127

February 1,904 $ 4,207

March 2,356 $ 5,083

April 960 $ 2,857

May 360 $ 1,871

June 744 $ 2,696

July 2,108 $ 4,670

<u>August 2,406 $ 5,148 </u>

September 840 $ 2,691

<u>October 124 $ 1,588 </u>

November 720 $ 2,454

December 1,364 $ 3,529

variable cost = (highest activity cost - lowest activity cost) / (highest activity level - lowest activity level) = ($5,148 - $1,588) / (2,406 - 124) = $1.56 per day

fixed costs = $5,148 - ($1.56 x 2,406) = $1,395

 

4 0
3 years ago
What is the benefit of using folders while working with files?
GrogVix [38]
Folders organize the files so you can access them more quickly and do not lose any important files.
5 0
3 years ago
Read 2 more answers
The amount of effort employees exert on a specific task depends on their expectations of the outcome is called__________.
ankoles [38]

Answer: Expectancy Theory.

Explanation: According to the expectancy theory individuals put in more efforts into tasks they believe they can get more reward for.

The individuals are motivated by the reward gotten at the end of a task execution.

An example is an employee carrying out their tasks at work with the motivation of a salary to be gotten at the end of the month.

3 0
3 years ago
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