Because raising the money supply boosts the economy, the optimal sentence from the drop-down box is (i) or (a).
<h3>What happens when federal reserves increase?</h3>
Increasing the money supply has a number of consequences which are:
To boost the economy, the Federal government expands the money supply.
Customers use credit because interest rates are lower when the money supply is high.
The unemployment rate is reduced when the money supply is increased.
When the money supply is increased, the economy generally grows because people have more money to spend.
As the amount of money available increases, loans will become more affordable, encouraging people to take out loans knowing that they will just have to pay lesser interest rates.
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Answer:
Results are below.
Explanation:
<u>The opportunity cost is the amount of money that you won't earn when choosing one option over another. </u>In this case, one option makes you expend money and the other earn money.
Opportunity cost= 12*4 + 25
Opportunity cost= $73
<u>Now, the total cost incorporated what you will expend in Six Flags:</u>
Total cost= 65 + 40 + 73
Total cost= $178
The overdraft fee is the fee that John was charged on his checking account.
<h3>What is an overdraft fee?</h3>
This is a fee that has to be paid due to the fact that a payment has been authorized.
The overdraft fee is usually paid to cover transactions if there are not enough funds in the account.
<h3>The checking account</h3>
This is a current account that lets deposit and easily withdraw for the sake of transactions.
Read more on the overdraft fee here: brainly.com/question/25532516
Answer:
Interest= $26,131.91
Explanation:
Giving the following information:
Annual deposit= $2,000
Number of periods= 20 years
Interest rate= 5%
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {2,000*[(1.05^20) - 1]} / 0.05
FV= $66,131.91
<u>Now, we can determine the interest earned:</u>
Interest= future value - total investment
Interest= 66,131.91 - 20*2,000
Interest= $26,131.91
