Based on the given options, the most likely is answer is "D) while peoples' wants are unlimited, resources are limited." Scarcity exists because of people's uncountable desires. Thank you for your question. Please don't hesitate to ask in Brainly your queries.
Answer:
a. The money multiplier is 5.
b. The Total money supply will increase by $250 million.
Explanation:
According to the given data we have the following:
Increase in amount of reserves by Fed = $100 million
Increase in money supply = $500 million
Therefore to Calculate the Money multiplier we have to use the following equation:
Increase in money supply = Increase in reserves×Money multiplier
So, Money multiplier = Increase in money supply/Increase in reserves
= $500 million/$100 million
= 5
a. The money multiplier is 5.
If there is anIncrease in amount of reserves by Fed = $50 million and the Money multiplier = 5
, therefore to Calculate increase in money supply we calculate the following:
Increase in money supply = Increase in amount of reserves by Fed * Money multiplier
= $50 million
= $250 million
b. The Total money supply will increase by $250 million.
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Answer and Explanation:
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<u>Answer:</u>
Penelope is working on a large project. The sequence by which she should perform these tasks in order to be productive are as follows:
1. Break up the project into simpler tasks.
2. Prioritize tasks.
3. Create an action plan.
4. Make a schedule.
5. Delegate work.
<u>Explanation:</u>
Before starting to work on a larger projects, one must know what are all the tasks to be done. The first step one must do is to split the larger project into smaller ones. This makes us to segregate the smaller tasks from the larger ones. The second step is to prioritize the tasks based on their significance. This will help us to determine which ones need to be done first and which one at last.
The third one is to make an action plan. Planning aids us to arrange everything in the correct order. It is like making a note of the activities which has to be done to complete the given project in time. A proper planning is half way through the battle.
The fourth step is one of the most important steps. Scheduling helps us to complete the project before the deadline. It helps us to optimize and control the work process. This is one of the determinant factors which marks the completion of the project.
The last step is to split up the tasks to others. One cannot manage all the things when it comes to a large project. So, one must split up the work to get it all done for easy completion of the project.
Answer:
D. The law of supply and demand
Explanation:
A market economy is an economy that exists in a perfect market. The economy is controlled by the forces of demand and supply. This means that no party controls or determines the price nor the quantity in the market, but the law of demand and supply.