Answer:
$60
Explanation:
According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.
As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.
The money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
<h3>What is the money multiplier concept?</h3>
The money multiplier concept describes the quantity of money created by banks through the interaction of bank deposits and reserve ratios.
When the U.S. Federal Reserve wants to increase the money supply, it reduces the reserve ratio and vice versa.
Thus, the money multiplier concept is an important tool for both expansionary and contractionary monetary policies for any central bank such as the U.S. Federal Reserve Bank.
Learn more about the money multiplier concept at brainly.com/question/16777479 and brainly.com/question/27464330
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Answer:
EPS = $7.94
diluted EPS = $7.94, since there are no diluted shares in 2018
Explanation:
January 2018 = 550,000 common stocks
March 31 = 140,000 new shares issued = 105,000 weighted stocks
net income = $5,200,000
EPS = net income / weighted common stocks = $5,200,000 / (550,000 + 105,000) = $5,200,000 / 655,000 stocks = $7.939 ≈ $7.94 per stock
there are no diluted shares since the agreement with the president of the board starts in 2019, and we are calculating the EPS for 2018. The same applies to the controller, since her agreement starts in 2026.
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Answer:
reserves will be 0.1 billion
Explanation:
given data
discount rate = 1 %
borrow = $2 billion
reserve ratio = 10%
discount rate= 4.0% to 3.5%
to find out
bank reserves will be
solution
we know here discount rate is 1 % with borrow additional $2 billion and reserve ratio is 10%
and here discount rate is 0.5 % for 4% to 3.5 %
so here we can say bank will borrow $2 billion × 0.5
bank borrow = $1 billion
and
here bank reserves increase that is 10% × $1 billion
so reserves will be 0.10 × $1 billion = 0.1 billion
