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Dmitriy789 [7]
3 years ago
5

You withdraw $100 from your checking account. how does this affect the money supply and the reserves of your bank?

Business
1 answer:
Ahat [919]3 years ago
4 0
There is no change in money supply and the reserves of your bank decline
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The number of units of developing country currency required to purchase a basket of goods and services in a developing country t
Elis [28]

The number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the US is given by  Purchasing power parity. Thus the correct option is C.

<h3>What is Service?</h3>

Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.

When a country's money is convertible into another country's currency, the number of products and services that can be purchased in each country at the same price is equal. This is known as purchasing power parity.

So, Purchasing power parity determines how many units of an emerging country's currency are necessary to purchase a basket of products and services in that country that cost one dollar in the United States.

Therefore, option C  is appropriate.

Learn more about  Purchasing power parity, here:

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The complete question is

he number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the U.S. is given by?

a. GNI price deflator.

b. Human Development Index ranking.

c. Purchasing power parity.

d. The exchange rate.

7 0
2 years ago
If an investment is considered “volatile”, it means...
never [62]
A lower volatility means<span> that a security's value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. One measure of the relative volatility of a particular stock to the market is its beta.</span>
7 0
3 years ago
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Should a registered representative enter into a private securities transaction that would entail earning compensation, the emplo
Andre45 [30]

The employing member will have the opportunity to approve or disapprove of the associated person's participation.

“Registered representative” is a term that describes a person who is licensed to shop for and promote securities for customers and is subsidized by using a firm registered with the financial industry Regulatory Authority (FINRA).

Independent broker-dealers feature as complete-provider brokerage companies, however, continue to be unfastened from the limitations and demands of a large Wall Street corporation. RIAs are independent fiduciaries who may accomplice with several broker-sellers, promoting a variety of products and services.

Registered representatives constitute customers within the buying and selling of investment merchandise including stocks, bonds, and mutual budgets. Many manage complicated trades or complicated products which can be out of doors the abilities of online trading.

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7 0
2 years ago
Ben is a member of the electricians' union, which is currently striking against Rawlings Manufacturing. However, Ben does not su
zhannawk [14.2K]

Answer:

60%

Explanation:

The union cannot prohibit Ben from going back to work but they can take disciplinary action against him for doing so. Federal courts have ruled in favor of different unions regarding disciplinary actions and as long as Ben remains a union member he can be fined, but not forced to resign. If Ben wants to avoid paying the fine, he should leave the union before going back to work.

7 0
3 years ago
At the beginning of the year, a company predicts total overhead costs of $770,100. The company applies overhead using machine ho
Tanzania [10]

Answer:

$12,240

Explanation:

For the computation of the amount of overhead first we need to find out the predetermined overhead rate which is shown below:-

Predetermined overhead rate = Overhead cost ÷ Machine hours

= $770,100 ÷ 1,510

= $510

Amount of overhead should be applied to Job 65A = Predetermined overhead rate × Machine hours during January

= $510 × 24

= $12,240

We simply applied the above formula

6 0
4 years ago
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