Answer:
Money multiplier= 1 / reserve requirement
a. Reserve requirement = 0.09
Money multiplier = 1 / 0.09
Money multiplier = 11.11
b. Reserve requirement = 0.25
Money multiplier = 1 / 0.25
Money multiplier = 4
c. Reserve requirement = 0.12
Money multiplier = 1 / 0.12
Money multiplier = 8.33
d. Reserve requirement = 0.04
Money multiplier = 1 / 0.04
Money multiplier = 25
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Answer:
C. Audience oriented
Explanation:
Audience oriented refers when the number of people are available to listen or we are convey our message to large number of audience.
According to the given situation Jeanine, I want you to compose the report because I'm too exhausted and I want to spend some time with my family. Besides this, you are better writer. This situation indicates that there is a purpose and economical but not audience oriented as it includes two people only.
Answer: See explanation
Explanation:
a. For every Peep, 3 Mike and Ikes can be produced
b. Check the attachment
c. An efficient production point is (on the) production possibility curve.
An inefficient production point is (inside) the production possibility curve.
An impossible point is (outside) the production possibility curve.
d. If if JustBorn candies developed a technology that increased productivity by one third for both products, then there will be a shift in the production possibility frontier outwards.
Answer:
d. the demand curve has shifted to the right.
Explanation:
An increase in demand is associated with a rightward shift of the demand curve.
A decrease in demand leads to a leftward shift of the demand curve.
Some of the factors that cause an increase in demand :
1. Increase in income if the good is a normal good.
2. Expectation of an increase in price in the future.
3. Increase in price of the substitute.
An increase in Quanitity demanded leads to an upward movement along the demand curve. Only changes in price leads to a movement along a demand curve.
I hope my answer helps you