Answer:
False
Explanation:
Perishable goods need to have fewer days of supply owing to their nature, as high days of supply might caause more spoilage and lead to higher inventory cost.
The Industrial Revolution changed the way people worked by <span>having them use machines to do jobs previously done by hand. The correct option among all the options that are given in the question is the fourth option or option "D". I hope that this is the answer that has actually come to your great help.</span>
Answer:
The correct answer is option C, firms face downward-sloping demand curves, and the products competitors sell are differentiated
Explanation:
In monopolistically competitive market all companies sell distinguished products. In this market all companies face downward sloping demand curve. These are the expectations of monopolistically competitive market. Therefore, option C is correct.
Answer: 1.67
Explanation:
From the question, we are informed that the currency drain ratio is 0.5 of deposits and the banks' reserve ratio is 0.4.
The money multiplier is calculated as:
(1 + the currency drain ratio)/( the reserve ratio + the currency drain ratio)
= (1 + 0.5)/(0.5 + 0.4)
= 1.5/0.9
= 1.67
Therefore, the money multiplier will be 1.67.
