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seraphim [82]
3 years ago
9

Leslie is at the store with $60 in her purse. She sees two shirts that she wants that each cost $25. There is also a jacket she

wants that costs $55. What best describes the opportunity cost and benefit of buying the shirts?
Business
2 answers:
sladkih [1.3K]3 years ago
5 0

The two shirts will cost $50 so she can get them pluse something for $10 or less and get 3 things. If she where to buy the jacket she would only have $5 left and can only get 2 things.

Alekssandra [29.7K]3 years ago
4 0

2 is better than 1. if she buys the jacket she Will only have $5 left but if she buys both shirts she Will spend $50 and have $10 left to buy whatever else she wants that is less than $10

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The three basic questions in Economics are all of these,except When to produce
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3 years ago
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Metropolis National Bank is holding 2% of its deposits as excess reserves. Assume that no banks in the economy want to maintain
iris [78.8K]

Answer:

Increase in money supply = $200,000

Explanation:

Note: The given question is incomplete, missing part is as follow:

                    Metropolis National Bank

                            Balance sheet

Assets                                              Liabilities

Reserves     $60,000                Deposits          $500,000

<u> Loans           $440,000                                                           </u>

Computation:

Excess reserve hold = 2% × Deposits  

Excess reserve hold = 2% × $500,000

Excess reserve hold = $10,000

Required reserve =  Reserves - Excess reserve hold

Required reserve = $60,000 - $10,000

Required reserve = $50,000

So,

Required reserve ratio = [$50,000 / $500,000]100 = 10%

Multiplier(K) = 1 / Required reserve ratio

Multiplier(K) = 1 / 10%

Multiplier(K) = 10

Total Money = Person deposit +  Excess reserve hold

Total Money = $10,000 + $10,000

Total Money = $20,000

Increase in money supply = Total Money × Multiplier(K)

Increase in money supply = $20,000<u> </u> × 10

Increase in money supply = $200,000

7 0
3 years ago
Suppose the Board of Directors of The Staten Island Suppliers Co. announces on October 4th that the regular quarterly dividend o
kipiarov [429]

Answer:

a. October 4th

b. November 15th 2019

c. November 14th 2019.

d. December 13th, 2019 (Note: This is assumed based on the explanation below as it is not specifically stated in the question).

Explanation:

a. What date is the declaration date?

The declaration date is the date the announcement to pay the next dividend is made by the board of directors of a company. In this case, the declaration date is October 4th, 2019.

b. What date is the holder of record date?

The holder of record date refers to the cut-off date set by a company to ascertain the eligible shareholders that will receive the next dividend payment. In this case, the holder of record date is November 15th 2019.

c. What date is the ex-dividend date?

The ex-dividend date refers to date that a seller of stock is still eligible to receive dividend despite that the stock has already been sold to a by him. This is because it is the person that hold the security on the ex dividend date that will receive the dividend payment not the holder on the payment date. Generally, ex-dividend date is usually one business day before the record date. In this case,he ex-dividend date is November 14th 2019.

d. What date is the payment date?

The payment date refers to the actual day that eligible shareholders are paid the declared dividend by the company. It is usually a few weeks or month after the ex-dividend date. If we assumed to be a month, the payment date would be December 13th, 2019.

6 0
3 years ago
Which in the list below has very limited influence in a pure market economy? A.) women B.) individuals C.) economists D.) the go
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The answer is $736.96
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 W=360(1+.01)*72 
 =360*2.0471
6 0
3 years ago
Read 2 more answers
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