1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dezoksy [38]
3 years ago
11

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of th

e deposits as reserves. What is the money multiplier in this economy?
A. 5 B. 1 C. 20 D. 10
Business
1 answer:
Klio2033 [76]3 years ago
6 0

Answer:

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?

D. 10

Explanation:

10% of $25, 000, 000= $2,500,000

Money multiplier in this economy is by 10

You might be interested in
Sharon wants to retire in 20 years time, and so decides to start a new retirement savings account. She wants to accumulate 75000
Vesna [10]

Answer: around 3,000 a month

Explanation:

8 0
3 years ago
Important aspects of managing that have recently emerged include applying systems thinking, continuously improving quality, and
mixas84 [53]

Answer:

True.

Explanation:

With changing dimension of global market, where customer is considered as king in the market due to highly competitive market with homogenous goods and service are available in the market, where customer find it hard to distinguish between different goods and service, there is only one aspect which can differentiate the goods and service of one product to another is its quality and excellent customer service. Therefore, with the emerging market, it is essential for corporate to manage applying systems thinking, continuously improving quality, and providing excellent customer service.

7 0
3 years ago
For July, White Corporation has budgeted production of 6,000 units. Each unit requires 0.10 direct labor-hours at a cost of $8.5
Sedbober [7]

Answer:

d) $5100

Explanation:

Simply calculate per unit labor cost.

This can be done as follows

Per unit labor cost = hours used by unit * per hour rate

So,     Cost = 0.1 * 8.50 =  $0.85/ labor cost per unit produced.

Now multiply per unit cost with total units budgeted

Total Labor budget = 6000 * 0.85  =  $5,100

Hope that helps.

6 0
3 years ago
Which of the following scenarios would cause a surplus in a market? a. The actual price is $20, the equilibrium price is $25, th
stepan [7]

Answer:

The correct answer is option b.

Explanation:

A market will experience a surplus when the quantity supplied is higher than the quantity demanded. The quantity supplied will be more than the quantity demanded when the actual price is higher than the equilibrium price.  

This is because of the law of supply and the law of demand. At a higher price, the firms will supply more but the consumers will demand less.  

So the market will be in surplus when the actual price is $20, the equilibrium price is $25, the quantity supplied is 100 and the quantity demanded is 75.

5 0
3 years ago
Shatin Intl. has 10 million shares, an equity cost of capital of 13% and is expected to pay a total dividend of $20 million each
Zanzabum

Answer:

23.07 per share

Explanation:

\frac{divends}{return-growth} = Intrinsic \: Value

We will caltulate like the gordon model, but in this case growth= 0 and we are going to include the 10 millions stock repurchase in the dividend part of the equation.

Stock price= (future value of total dividends + repurchasing of stocks)/equity cost of capital)

(20 + 10)/0.13 = 230.77 MILLIONS

Then we divide by the number of shares:

230.77 MILLIONS/ 10 MILLIONS = 23.07 per share

3 0
3 years ago
Other questions:
  • Your roommate just ate the last of your trail mix without asking. which type of stressor is this? pressure change conflict hassl
    12·1 answer
  • ​ An advantage of a firm pursuing multiple segment specialization is that:
    8·2 answers
  • Presented below is information for Ivanhoe Company for the month of January 2017. Cost of goods sold $221,000 Rent expense $33,5
    5·1 answer
  • Candy makers accurately anticipate the increase in demand for candy for Halloween so that the supply of candy and demand for can
    10·1 answer
  • Gavin, Inc. recorded the following information for one of its products. All amounts are in days: Wait time 5.0; Inspection time
    6·1 answer
  • In circumstances in which technology changes, employees may have to
    14·1 answer
  • 1. party with Alex
    14·2 answers
  • A firm began a mineral exploitation venture during the current year by spending (1) $40 million for the mineral rights; (2) $100
    14·1 answer
  • 2. Which of the following statements about taxes
    8·1 answer
  • You are an underwriter for ABC Insurance. You receive a life insurance proposal for medical insurance with premium payment. The
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!