Answer:
The correct answer is letter "A", "B", and "D": the availability of inputs; the flexibility of the production process; time needed to adjust to changes in price.
Explanation:
Price elasticity of supply reflects the changes in supply after a change in prices. The price elasticity of supply is calculated dividing the percentage in the change of quantity supplied by the percentage in the change of price. If the result is equal or greater than one (1) the supply of that good is elastic. If the result is lower than one (1), then the supply is inelastic.
Three main factors determine the price elasticity of supply which are <em>the amount of inventory or raw material in the industry, the capacity to increase or decrease the production, </em>and <em>the time needed to produce the good to be offered based on the price fluctuations.</em>
Answer:
Excess reserves
Explanation:
Money supply in the economy is regulated by the central bank of Federal Reserve through various methods.
One of them is the use of reserve ratio.
Reserve ratio is the percentage of total deposit in a bank that commercial banks are required to keep aside and not use.
If there is no excess reserves and the Fed lowers required reserve ratio, it means banks will now have more money they can use to service customers.
The excess excess of the reserve can now the used to give out loans
1.45% = 0.0145
0.0145 * 750 = 10.875
You will have $10.88 withheld from your paycheck this week for medicare tax.
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