Answer:
c
Explanation:
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Answer:
Answer is $1,365.3 billion, 5.
Refer below.
Explanation:
Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve lowered the reserve ratio to 20%, excess reserves are now $1,365.3 billion and the money multiplier is 5.
Answer:
The correct answer would be, It appears that his policy is Compliance Based Ethics Codes.
Explanation:
Compliance based ethics codes are basically the ethical standards. These standards emphasize on the use of ethics at every level and prevent unlawful behavior by controlling the unethical behaviors and charging the wrong doers with penalties.
So if a company has such rules where there is a strict restriction on accepting gifts from suppliers or vendors and outlines the penalties for violating the rules, then this company is practicing the Compliance Bases Ethics Codes.
Answer: Law of diminishing marginal utility
Explanation: In simple words, law of diminishing marginal utility states that as a consumer consume more of a good or service then the marginal benefit he or she receives from the additional consumption keeps on decreasing.
In the given case, Jenny's excitement keeps on decreasing with every chocolate she receives after a certain point of time.
Hence we can conclude that the given case illustrates law of diminishing marginal utility.
