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3 years ago

When the required reserve ratio is 20 percent, the money multiplier is?

1 answer:

7 0

Formula for money multiplier is :
$money \: multiplier \: = 1 \div reserve \: ratio$
thus
reserve ratio= 20% = 0.20
money multiplier = 1÷0.20= 5

Money multiplier shows the extent to which the money supply is affected by any change in the deposit amount.

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The city of Brittainville’s Special Revenue Fund levied $350,000 in taxes, of which 1% was expected to be uncollectible during t

Arturiano [62]

Answer:

fund balance will increase by $404,000

Explanation:

Given data:

Fund levived in taxes $350,000

1% of fund expected to be uncollectible

Amount of fund collected $7500 as interest revenue

$ 50,000 transferred to general fund

As it is given 1% is uncollectible , remaining value would be

= $350,000- $3,500 (1% * $350,000)

= $346,500

The other inflows are $7,500 + $50,000,

Total inflow is = $57,500.

Total transaction = $346,500 + $57,500 = $404,000

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3 years ago

Thomas Consultants provided Bran Construction with assistance in implementing various cost-savings initiatives. Thomas’s contrac

marshall27 [118]

Answer:

1. $104,000 ($67,000 fixed fee + 37,000 bonus) x 30% = 31,200

$67,000 ($67,000 fixed fee + 0 bonus) x 70% = 46,900

$31,200 + $46,900 = $78,100

2. The most likely amount is the flat fee of $67,000, because there is a greater chance of not qualifying for the bonus.

3. Thomas is very uncertain of its estimate, however he can't argue that it won't have a significant amount of revenue in the future. Thomas would not include the bonus estimate, and the transaction fee would be the flat fee of $67,000

4 0

3 years ago

URGENT!! ECONOMICS

zysi [14]

Answer:

Evaluating economic performance means measuring how well the economy has one.

The purpose for appraising or measuring economic performance is because one cannot manage what one cannot measure.

Explanation:

Some of the metrics for measuring economic performance are:

GDP/Capita
Inflation Rate
Rate of Unemployment
External Reserves
Real disposable incomes
Human development index

All of these factors can be influenced using either Fiscal of Monetary tools and government policies.

The extent to which each tool is deployed depends on the result from the performance evaluation.

Cheers!

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3 years ago

After major storms, many ethical home repair and building supply businesses continue to charge pre-storm prices to their custome

morpeh [17]

Answer: The value customer relationship over short term profits.

Explanation:

The home repairs men and building supply businesses place a high value on their relationship with customers and therefore try to support them in their period of challenge even if it comes at a cost of losing out on making a higher profit.

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3 years ago

Categorize each of the following items as an S-strength, W-weakness, O-opportunity, or T-threat. " WALMART SWOT ANALYSIS"

sergejj [24]

Answer:

Established Name Brand - S - Brings in more customers

Low Prices(Low Cost Leadership ) - S - Retaining customers

Unfair Employment Practices - T - Negatively affects the brand image

Pressures Suppliers on Cost - S - Have bargaining power on suppliers

Recession - T - Can bring down customer spending

Other big box retailers(Target) - T - Competition

Small Towns - O - Not many players

International Markets - O - Growth prospects

Products Made in China - O - Lower prices

Product Safety - S - Retaining customers

Large Purchases (Buy in Bulk) - S - Cost savings

Internet Retailing - O - New growth opportunity

Customer Base - S - Large customer base

No Urban Locations - O - Opportunity to expand

Health Care for Employees - S - Employee satisfaction

Global Presence - S - Large customer base

Price Competition - O - Best in industry

Product Quality - Retaining customers

Customer service- S - Retaining customers

Distribution/Logistics System - S - Lower costs

One Stop Shop - S - Retaining customers

In 15 Countries—not in Europe except for United Kingdom - Opportunity to grow in Europe

Sam’s Club - O - Customer loyalty

Minimum Wage Laws - T - Higher costs

Rising Labor Costs in China - T - Higher costs

Healthcare Costs - T - Higher costs

12% Lower Grocery Prices - S - Cost leadership

Litigation by employees - T - Negatively affects the brand image

Target Superior Merchandising Capability - O - Competition

Community Resistance - T - Negatively affects the brand image

Home Delivery of Goods - O - Growth prospects

Growth of Aldi Food Chain-Europe/North America - T - Competition

Poor Working Conditions - T - Negatively affects the brand image

Dollar stores - T - Competition

Online Retailers - T - Competition

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3 years ago