Answer:
The answer is "Option D".
Explanation:
Credit unions or financial institutions, among many others, have depository institutions. It provides customers with a reliable, stable but easy way of saving money or residences and businesses credits. The bank provides interest rates on deposits and uses that money to lend at rising interest rates.
Its main source of income for depositary entities is interest from loans. They build consumer deposits and facilitate economic development in households and businesses.
Answer: <em>a. Multiplier = 3.33</em>
<em>b. Stimulation = $2000 billion</em>
Explanation:
In this particular case , it's given:
Marginal propensity to consume(MPC) = 0.7
Government spending = $600 billion
Therefore, we can evaluate the multiplier using the following formula:
Multiplier = 3.33
Noe, in order to find the stimulation in the economy we will multiple the new government spending with the multiplier. We will get ;
Stimulation = $2000 billion
Answer:
a. 0.05
b. $68,750
a. $1,150,000
b. 0.1
c. $115,000
Explanation:
Depreciation expense using the double declining method = Depreciation rate x cost of the asset
Depreciation rate = 2 x (1/useful life) = 2 / 40 = 0.05
The double-declining-balance depreciation for the first year = 0.05 x $1,375,000 = $68,750
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
The depreciable cost = Cost of asset - Salvage value = $1,450,000 - $300,000 = $1,150,000
The straight line rate = 1 / useful life = 1 / 10 = 0.1
The annual straight-line depreciation = $1,150,000 x 0.1 = $115,000
I guess the correct answer is the quantity supplied to decrease.
The market demand for singing dolls is initially made up of 50 buyers. Suppose there is a decrease in the number of buyers by 10. Holding everything else constant, one would expect the quantity supplied to decrease.
