Answer:
a. The money multiplier is 5.
b. The Total money supply will increase by $250 million.
Explanation:
According to the given data we have the following:
Increase in amount of reserves by Fed = $100 million
Increase in money supply = $500 million
Therefore to Calculate the Money multiplier we have to use the following equation:
Increase in money supply = Increase in reserves×Money multiplier
So, Money multiplier = Increase in money supply/Increase in reserves
= $500 million/$100 million
= 5
a. The money multiplier is 5.
If there is anIncrease in amount of reserves by Fed = $50 million and the Money multiplier = 5
, therefore to Calculate increase in money supply we calculate the following:
Increase in money supply = Increase in amount of reserves by Fed * Money multiplier
= $50 million
= $250 million
b. The Total money supply will increase by $250 million.
Answer:
Concentration of Media ownership
Explanation:
Many sad consequences have risen due to this growing trend such as:
1. American media are becoming more loyal to advertisers and government rather than to remain neutral or loyal to the public interest.
2. The elites are controling media information.
Also leading to corporate censorship of the mass media.
Answer:
D : Company 4
Explanation:
Since all the painting companies require 5 hours to paint the truck, and they all will use the same amount of materials, then you have to choose the company that charges the lowest rate per hour:
- Company 1 charges $57 per hour x 4 hours = $285 + $240 = $525
- Company 2 charges $52.50 per hour x 4 hours = $262.50 + $240 = $502.50
- Company 3 charges $48.95 per hour x 4 hours = $244.75 + $240 = $484.75
- Company 4 charges $46.20 per hour x 4 hours = $231 + $240 = $471 ⇒ lowest price
Answer: D. $3,000,000
Explanation:
Asset turnover is the ratio of total sales or revenue to average assets
Debt to asset ratio is total liabilities divided by total assets.
Total liability is $500,000
Debt to asset ratio is total liability/total asset= 500,000/total asset = 0.5
Total asset = 500,000 x 10/5
Total asset = 1,000,000
Asset turn over = total sales/average asset
Assets turnover = 3.0
3.0= total sales/1,000,000
3.0= total sales/1,000,000
Total sales = 3.0 x 1,000,000
Total sales = 3,000,000
For Drake Corporation Average Cost per Unit of Direct materials $6.70 Direct labor $3.10 Variable manufacturing overhead $1.75. One more unit will cost $11.55 ($6.70+3.10+1.75).
The total amount of product costs incurred to make 4,800 units will be calculated as:
Direct materials = 4800 x 6.70 = 32,160
Add: Direct labor= 4800 x 3.10 = 14880
Add: Variable manufacturing overhead = 4800 x 1.75 = 8400
Therefore, the Total product cost will be:
= 32160+ 14880 + 8400
= $55,440
Total product cost for 4800 units will be = $55,440
Average costs per unit units will be = $55,440/4800
=$11.55
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