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3 years ago

The ______________ is too powerful to be changed very often because a small change is magnified throughout the banking system..

Business

1 answer:

Eduardwww [97]3 years ago

3 0

Answer:

The reserve ratio is too powerful to be changed very often because a small change is magnified throughout the banking system.

Explanation:

The reserve ratio by definition "is the amount of reservable liabilities that banks must hold instead than lend out or invest to any person or entity".

That represent an important concept in order to control the monetary policy for the economy any country and is very important when the governments wants to regulate the money supply.

We have a general rule that if the central bank of a country increase money supply in the economy, then we need to be decrease the reserve ratio and vice versa.

The reserve ratio can be uses to control and manipulate the general conditions for all the banks in a country, because any change in the reserve ratio directly affect the banking system in all the conditions.

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The before-trade price of fish in Denmark is $10.00 per pound. The world price of fish is $6.00 per pound. Denmark is a price-ta

musickatia [10]

Answer:

D) better off, its producers of fish will become worse off, and on balance the citizens of Denmark will become better off.

Explanation:

Since the world price of fish is lower than the domestic price of fish in Denmark, the consumers will be better off because they will pay a lower price for the same good which results in an increase in consumer surplus. On the other hand, domestic producers will be worse off because the world price is much lower than their own price, which will result in a decrease of the quantity supplied of domestic fish and a decrease in supplier surplus.

But the overall balance will be positive because the increase in consumer surplus should offset the decrease in supplier surplus, resulting in higher total economic surplus.

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4 years ago

A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr

sashaice [31]

This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product.

4 0

3 years ago

An individual who makes $32,000 per year anticipates retiring in 30 years. If their salary is increased by $600 each year and th

Zepler [3.9K]

Answer:

$366,287.15

Explanation:

Annual salary = $32000

No. of years (n) = 30 years

Increment in salary = $600

Deposit rate = 10%

Interest rate (r) = 7% or 0.07

Growth rate (g) = Increment in salary \div annual salary

Growth rate = $600 \ $32000

Growth rate = 0.01875

First deposit = $32000 x 10% = $3200

Future worth = [First deposit \ (r - g)] x [(1 + r)n - (1 + g)n]

Future worth = [$3200 \ (0.07 - 0.01875)] x [(1 + 0.07)30 - (1 + 0.01875)30]

Future worth = [$3200 \ 0.05125] x [(1.07)30 - (1.01875)30]

Future worth = $62439.0243902 x [7.6122550423 - 1.7459373366]

Future worth = $62439.0243902 x 5.8663177057

Future worth = $366287.15

Hence, the future worth at retirement is $366,287.15

7 0

3 years ago

Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,00. Prepare the entry to record

Minchanka [31]

Answer:

Explanation:

The journal entries are shown below:

1. Accumulated depreciation A/c Dr $182,000

Loss on machine A/c Dr $68,000

To Machine A/c $250,000

(Being the dispose of the machine is recorded)

2. Cash A/c Dr $35,000

Accumulated depreciation A/c Dr $182,000

Loss on machine A/c Dr $33,000

To Machine A/c $250,000

(Being the sale of the machine is recorded)

3. Cash A/c Dr $68,000

Accumulated depreciation A/c Dr $182,000

To Machine A/c $250,000

(Being the sale of the machine is recorded)

4. Cash A/c Dr $80,000

Accumulated depreciation A/c Dr $182,000

To Machine A/c $250,000

To Profit on machine A/c Dr $12,000

(Being the sale of the machine is recorded)

4 0

3 years ago

The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for custo

Amiraneli [1.4K]

Answer:

C. Cost management

Explanation:

Cost management is a process or method of reducing cost of operation or production expenses of the business so as to provide cheaper goods and/or services to consumers.

It helps a firm forecast future expenditures in other to achieve their budgeting goals.

5 0

3 years ago