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timurjin [86]
2 years ago
13

The smaller the required reserve ratio the larger the simple deposit multiplier. Do you agree or disagree with this statement. E

xplain your answer.
Business
1 answer:
TiliK225 [7]2 years ago
8 0

Answer:

Agree

Explanation:

A deposit multiplier is maximum amount of money that can be created for each unit of reserve. It is key requirement for maintaining economy's basic money supply. The simple deposit multiplier is 1 / rr * change in R. Deposit multiplier is the inverse of reserve ratio. The higher the reserve ratio the lesser will be the deposit multiplier. Reserve ratio is the minimum amount of money that must be kept in the deposit.

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Vaughn Manufacturing incurred the following costs for 84000 units: Variable costs $504000 Fixed costs 392000 Vaughn has received
Damm [24]

Answer:

$7.8

Explanation:

Variable costs = $504,000

Fixed costs = $392,000

Number of units produced = 84,000

Shipping charges = $4,500

Therefore, the variable cost per unit is calculated as follows:

= Variable costs ÷ Number of units produced

= $504,000 ÷ 84,000

= $6 per unit

Incremental fixed cost per unit (For 2,500):

= Shipping cost ÷ 2,500

= $4,500 ÷ 2,500

= $1.8 per unit

Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.

BEP (in sales price per unit):

= Variable cost per unit + incremental fixed cost per unit

= $6 + $1.8

= $7.8

4 0
3 years ago
It costs Bluffton Company $18.20 of variable costs and $7.80 of fixed costs to produce its product that sells for $39. Cointreau
Vikentia [17]

Answer:

increase by $15,600

Explanation:

Fixed cost remains constant throughout a period. If production is through the use of idle capacity, fixed cost will not change.

Change is income will result from the total contribution margin realized from the special order.

The total contribution margin is the contribution margin per unit multiplied by total units.

Contribution margin per unit = special offer price - variable costs

=$23.40- $18.20

=$5.20

change in income will be $5.20 x 3000

=$15,600 increase

6 0
2 years ago
You are buying a laptop and there is two payment plans to consider. Payment plan A is to pay $4,900 now and payment plan B is to
UkoKoshka [18]

Answer: Plan A has a lower present value and should be chosen.

Explanation:

Choose the one that has the lower present value because that means that it would be cheaper.

Present value of plan A = $4,900

Present value of plan B

= $500 + Present value of $210.30 per month for 30 months

$210.30 is constant so it is an annuity.

Periodic interest rate = 24%/12 = 2%

Present value of annuity = Annuity *  ( 1 - (1 + rate)^-number of periods) / rate

= 210.30 *  ( 1 - (1 + 2%)⁻³⁰) / 2%

= $4,709.97

Present value of plan B = 500 + 4,709.97

= $5,209.97

Choose Plan A because it has a lower present value.

6 0
2 years ago
Refers to the length of time a person had held a job​
Zigmanuir [339]

<u>D. Seniority</u> refers to the length of time a person had held a job​.

<h3>What is seniority?</h3>

Job Seniority refers to a longer period of service or experience that attracts higher rank, pay, and benefits in a job.

<u>Union, Lobbying, or Professional</u> does not refer to the length of time spent on a job.

Thus, <u>D. Seniority</u> refers to the length of time a person had held a job​.

Learn more about Seniority in a job at brainly.com/question/8355881

#SPJ1

7 0
1 year ago
Is there a pricing policy that would have filled the ballpark for the Phillies​ game?
zhannawk [14.2K]

Answer:

The correct answer is letter "B": Since the quantity supplied exceeds the quantity​ demanded, the Philadelphia Phillies could lower ticket prices to increase attendance.

Explanation:

According to the context, all the attention was on the Los Angeles Dodgers and the San Francisco Giants game since both teams had chances to win the championship. It will imply the rest of the day matches were not going to have a lot of attendance. The ballpark for the Phillies game could have been filled in the case ticket prices were lowered for basic <em>demand theory</em> (if prices decrease, quantity demanded will increase).

3 0
3 years ago
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