Answer:
can be thought of as a bank withholding a portion of its total deposits that are not loaned out.
Explanation:
Fractional reserve banking is when banks accepts deposits from customers and lend out only a fraction of the deposits. The remaining are kept as reserves.
The central bank requires bank to keep certain amount of money as reserves in order to meet unforeseen circumstances
Answer:
d. every decision has an opportunity cost.
Explanation:
Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.
Accounting cost only includes explicit cost.
Economic cost includes both implicit and explicit Cost.
economic decisions dont include sunk costs.
I hope my answer helps you
Answer:
Producer surplus
Neither
Consumer surplus
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Producer surplus is the difference between the price of the good and the least price the seller is willing to sell his product.
1. Price = $149
least price seller was willing to sell his laptop = $140.
Hence it's producer surplus.
2. Price = $59
there's no information on the least price the seller was willing to sell or the highest amount the buyer was willing to buy.
hence it's neither producer or consumer surplus
3. Price = $39
highest amount buyer was willing to buy = $46
Hence, it's consumer surplus
I hope my answer helps you
Answer:
Operating cash flow is $7,980
Explanation:
EBIT = sales of $19,730 - costs of $9,300 - depreciation expense of $1,970 = $8,460
Tax = (EBIT of $8,460 - interest expense of $1,460) * Tax rate 35%
= $2,450
The operating cash flow (OCF) = EBIT + Depreciation - Tax = $8,460 + $1,970 - $2,450 = $7,980
Answer:
Yes, it is very true: I don't know just trying
