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
D) help you earn a degree
Answer:
b. Reject the null hypothesis and we conclude that years of experience is significant in explaining pharmacists' salary
Explanation:
We are given p-value less than 0.001, which means p-value less than given level of significance or alpha value 0.05, so we reject the null hypothesis and conclude that years of experience is significant in explaining pharmacists’ salary.
Solution :
Number of days = 90 days
Amount invested = $45 million
So the current earnings is 
The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.
So the net increase is what we will make in the remaining 
days.
If in 50 days, we earn 0.075 return, then we can consider 50 days as 
Then the 
days = 
return, and
days = 
= 
million increase
= $ 5.7 million
