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lianna [129]
3 years ago
10

Suppose that, for every 1-percentage-point decline of the discount rate, commercial banks collectively borrow an additional $2 b

illion from Federal Reserve Banks. Also assume that the reserve ratio is 20 percent. If the Fed increases the discount rate from 4.0 percent to 4.25 percent, bank reserves will:
Business
1 answer:
almond37 [142]3 years ago
4 0

Explanation:

Decline by $0.5 billion and the money supply will decline by $2.5 billion.

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Christine recently earned a promotion at work, raising her income by 40%. As a result, she now attends twice as many concerts as
lutik1710 [3]

Answer:

2.5

Explanation:

If Christine now attends twice as many concerts, her percent increase in demand for concerts was 100%. Christine's income elasticity of demand for concerts is given by the percentage change in demand divided by the percentage change in income:

E = \frac{\%D}{\%I}=\frac{100\%}{40\%}\\ E=2.5

Christine's income elasticity of demand for concerts is 2.5.

6 0
3 years ago
Department S had no work in process at the beginning of the period. It added 14,800 units of direct materials during the period
Neko [114]

Answer:

d.$65,200

Explanation:

Calculation to determine what The total conversion costs for the period were

Direct labor $56,000

Add Factory overhead $9,200

Total conversion costs $65,200

($56,000+$9,200)

Therefore the total conversion costs for the period were $65,200

4 0
3 years ago
According to the Smith, Ricardo, and Heckscher-Ohlin theories, a country’s economy may gain if its citizens buy some products fr
Semmy [17]

)Answer:

The correct answer is letter "B": International trade allows a country to specialize in items that can be produced most efficiently in that country.

Explanation:

Adam Smith (1723-1790), David Ricardo (1772-1823) and Eli Heckscher (1879-1952) and Bertil Ohlin (1899-1797) jointly provided their thoughts on international trade each one with their own position. In common, they believed international trade allowed companies to specialize in the production of goods they were the best at so countries could export those goods while importing goods whose production was developed by other countries specializing in them.  

In such a scenario, countries would approach an absolute advantage and maximum efficiency. Either theory assumed there were no trade barriers and that the factors of production cannot move between countries.

4 0
3 years ago
An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market i
Natalija [7]

Answer:

False

Explanation:

Buyers and Sellers do not physically see each other

7 0
3 years ago
Planning your Career Questions.
Alex777 [14]

1. B) The Encyclopedia of Associations

This publication is a comprehensive directory of more than 20,000 associations, societies, and other non-profit membership organizations in the United States of America.

2. D) Articles on careers published in magazines, newspapers and journals.

These types of publications all come out "periodically" which is why they are known as periodicals and found in a periodical index.

3. D) All of the above

You can search for a book using any of the listed criteria.

6 0
3 years ago
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