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Gnom [1K]
2 years ago
5

The monetary base is equal to

Business
1 answer:
ss7ja [257]2 years ago
6 0

Answer:

The correct answer is option A.

Explanation:

The monetary base can be defined as the amount of money that is in circulation in the hands of the public or held as reserves by banks.  

The monetary base in an economy is equal to all currency in circulation plus reserves held by banks.  

In other words, it includes highly liquid funds such as coins, notes, and bank deposits.  

The money supply is a broader concept than the monetary base and includes the monetary base and other assets as well.

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Firm A has fixed operating costs of $100,000, variable operating costs per unit of $8 and a selling price of $20 per unit. Inter
WINSTONCH [101]

Explanation:

30th 30th weep 30th rip rip 50mil 480usd

6 0
3 years ago
You plan to construct a restaurant on a 20,000 square foot lot
labwork [276]

Answer:

8,000 square foot

Explanation:

Total space available 20,000 square foot.

60 percent  to be used. space left?

If 60% is will be used, only 40% will be availble for construction.

40% of 20,000= 40/100x 20,000

                          =0.4 x 20,000

                          =8,000 square foot

6 0
3 years ago
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpki
valkas [14]

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = \frac{change\ in\ Q}{Change\ in\ I}

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag =  \frac{800-500}{2-1} = 300

Marginal product of 3rd bag =  \frac{900-800}{3-2} = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

3 0
3 years ago
Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is avai
il63 [147K]

Answer:

Closing inventory - $10,160

Costs of goods sold - $9,600

Explanation:

Under the LIFO Method, the cost of good sold equals to

= April 23 units × cost per unit + Remaining units × cost per unit

= 300 units × $22 + 150 units × $20

= $6,600 + $3,000

= $9,600

Since the firm has sold 450 units, so out of which 300 units sold at a price of $22 and the remaining 150 units sold at a price of $20

The ending inventory equals to

= Remaining units × cost per unit + April 1 × cost per unit

= 270 units × $20 + 280 units × $17

= $5,400 + $4,760

= $10,160

Since on April 23, the 420 units were purchase, out of which 150 units are transferred to the cost of good sold and the remaining units 270 units at $20 is transferred to the ending inventory

8 0
2 years ago
Blossom Company purchased equipment for $303,200 on October 1, 2020. It is estimated that the equipment will have a useful life
givi [52]

Answer:

Answer A  =  $9,000  

Answer B  =  $6,400  

Answer C   =  $7,632  

Answer D   =  $54,000  

Answer E   =  $71,063

Explanation:

[ find attachments for complete solutions]

Note: Complete question is attached to the attachment section

5 0
3 years ago
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