If Sam had followed the guidelines in the college catalog,
then there will be a valid contract that will be established as the school is
likely to bound itself in honoring its obligations that are set forth in the
college catalog. The correct answer is likely b.
True I think I am not 100% sure
Answer:
rise, fall, rise, fall, fall, exchange rate
Explanation:
When there is a change in the level of price it will cause the real value to change as well. This is due to the fact that real value is basically relative price i.e., nominal value adjusted by inflation.
This rise in price effects the demand for exports, which in return falls due to higher goods rates. And the effect is opposite for imports which would now rise. The combination effect of imports and exports results in the change in the net exports which would also fall due to rise in imports and fall in the exports. Overall, this effect is known as the exchange rate effect.
Answer:
The money supply decreases by $25.5 million and money supply decreases by $170 million.
Explanation:
The reserve ratio is 15%.
The reserve sells bonds worth $25.5 million to the public.
This will cause a reduction of $25.5 million reserves as banks will need to pay Fed for the bonds.
The money supply will change by
= 
= 
= 
= - $170 milion
So, the money supply will decrease by $170 million.
