Answer:
$25,200
Explanation:
Given that,
Retained earnings balance on January 1, 2018, = $58,000
Dividends during 2018 = $18,350
Retained earnings balance at December 31, 2018 = $64,850
Therefore,
Net income:
= Retained earnings balance at December 31, 2018 + Dividends during 2018 - Retained earnings balance on January 1, 2018
= $64,850 + $18,350 - $58,000
= $25,200
Answer: The bank reserves part of the money and uses the rest to make loans to other people who need them.
Explanation: money doesn't just sit in the banks. the money will still there but some will be used by the banks for other loans and interests.
(i also took the test so this is most likely correct)
hope it goes well!
Answer: When the price level increases, real balances increase and businesses and households find themselves wealthier and therefore increase their spending.
Explanation:
As the price level falls, the interest rate declines, and interest-rate-sensitive spending increases. It should be noted that a low interest rate will bring about a rise in the demand for investment.
Therefore, when there's a reduction in the price level, there'll be a reduction in interest rate as well which then leads to the rise in demand for investment and rise in aggregate demand.
When the price level increases, there will be a reduction in real balances while the businesses and the households will be poorer when compared to a scenario whereby there's a price fall.
Answer:
Control quality
Explanation:
Control quality or Quality control which is also known as (QC) can be defined as way in which a business decide to seeks in order to ensure that product quality is maintained or or the product qualitity is improved which is why Quality control often requires that the business create an environment in which both management and employees can strive for perfection and it is as well part of quality management which focused on fulfilling all the quality requirements an help to evaluate whether the product or service meets all the quality requirements that are specified for the project just as in the case of Wanda the project manager.
