The money multiplier is the amount of money that is generated from the reserves of a bank:
$100/0.10 - $100 = $900 billion
The money supply is
$100/0.10 = $1000 billion of $1 trillion
If the reserves is changed to 20%, the money multiplier and money supply will decrease
Answer:
Buy Camera 2.
Explanation:
PACED, decision making process is used to make decisions when alternative options are available. In the given case Melissa has two option either to buy camera 1 or camera 2.
The steps for PACED decision making process are :
1. Define the Problem
2. List Alternatives
3. Identify Criteria
4. Evaluate Alternatives
5. Make a Decision
1. To buy Camera 1 or Camera 2
2. Camera 1 or Camera 2
3. Which ever camera has more features will be selected
4. Camera 2 has better features than camera 1
5. Buy Camera 2.
Answer:
9.50 dollars
Explanation:
The marginal revenue is the revenue generated for an additional sale.
In this case the new customer will generate an additional revenue equal to the service change to him. This amount is for 9.50 dollars. So, this is the marginal revenue for an additional sale.
The rest of the option are incorrect.
Answer:
Silent partner.
Explanation:
<u>Chloe is a </u><u>silent partner</u><u> in this vintage fashion boutique.</u> A silent partner or sleeping partner is that <u>who invest</u> in the business and have still<u> shares in the profits and losses </u>of the business, but who is <u>not involved in day-to-day business transactions</u> and in its management and his/her<u> personal property is not at risk</u> in case the business suffers losses as here Chloe and Tamara invested equally but Chloe is not taking part in the management of the business but still shares the profit and loss occurred but her personal property is not at risk<u> in case of firm's insolvency.</u>
Answer:
The correct answer is 777.169.56.
Explanation:
According to the scenario, the given data are as follows:
Payment per year (PMT) = $3,000
Time (N) = 40 years
Rate of interest (R)= 8%
So, the future value of the following can be calculated by using the following formula:
Future value = PMT × 
Now, put the value of the following in the formula. then,
= 3,000 × 
= 3,000 × 259.0565
= 777,169.56
Hence, the value in the account after 40 years will be 777,169.56.
