1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delicious77 [7]
3 years ago
6

n the Baumol-Tobin model, if the nominal interest rate is 1%, the consumer's annual income is $36000, and every trip to the bank

costs $20, then it is optimal for the consumer to visit the bank ___ times a year. 2 3 4 5
Business
1 answer:
quester [9]3 years ago
3 0

Answer:

In the Baumol-Tobin model, if the nominal interest rate is 1%, the consumer's annual income is $36000, and every trip to the bank costs $20, then it is optimal for the consumer to visit the bank <u>three times </u>a year.

Explanation:

The optimal number of visit to banks = (iY/2F)0.5

i = 1% = 0.01

Y = $36000

F = $20.

The optimal number of visit to banks = (iY/2F)0.5

The optimal number of visit to banks = (0.01 * 36000 / 2* 20)0.5

The optimal number of visit to banks = (9)0.5

The optimal number of visits to banks = 3.  

it is optimal for the consumer to visit the bank 3 times a year.

You might be interested in
A type of manager that supports first line managers is known as
gayaneshka [121]

Answer:

First-line managers operate their departments. They assign tasks, manage work flow, monitor the quality of work, deal with employee problems, and keep the middle managers and executive managers informed of problems and successes at ground level in the company.

Explanation:

7 0
3 years ago
Why do you think companies felt that unions were "conspiracies that interfere with property rights"?
Dafna1 [17]
Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.
7 0
3 years ago
Which of these is critical information you should take into account when purchasing a new car? (5 points)
son4ous [18]

Answer:

reviews from reliable sources

Explanation:

you want to make sure that what you are buying is a good make and model and that others have not had issues with the car

5 0
3 years ago
Kiev, the manager of an accounting department, helps his cfo in framing the financial policies of his company. in this scenario,
cestrela7 [59]

Kyiv, the manager of an accounting department, helps his CFO in framing the financial policies of his company. in this scenario, Kyiv is carrying out the leadership role of a(n) strategy developer.

The definition of a manager is someone who is responsible for overseeing and motivating employees and directing the progress of an organization. Examples of managers include those responsible for customer service, handling customer disputes, and supervising and monitoring customer service representatives.

A good manager can lead a team and help it grow while maintaining complete control over the business and its performance. These people are the ones who can always adapt to new situations, encourage others to reach their full potential, and achieve their highest goals. A manager is an organizational representative who is responsible for managing the work of a group of employees and taking necessary actions when necessary.

Learn more about managers here

brainly.com/question/24708179

#SPJ4

5 0
1 year ago
Theodora, the human resource manager of a firm, is planning how to support a strategy of empowering employees. currently, jobs a
Scrat [10]

Based on the scenario above, a way that could redesign the support the goals for employee empowerment is through the employees’ responsibilities in which it should be more focused on higher level goals and that the higher level goals should be more broadly defined.

6 0
3 years ago
Other questions:
  • When was the word integer introduced?
    9·1 answer
  • 8. Suppose that the demand for bentonite is given by Q = 40 − 0.5P, where Q is in tons of bentonite per day and P is the price p
    6·1 answer
  • Suppose the economy had been producing at potential output but is now experiencing a recession. Which of the following are discr
    10·1 answer
  • In 2015, a former Google engineer, Erica Baker, made a spreadsheetshowing pay disparities at the company. She shared the informa
    14·1 answer
  • King Nothing is evaluating a new 6-year project that will have annual sales of $410,000 and costs of $284,000. The project will
    9·1 answer
  • There are three elements in any integrated marketing communication strategy: the ________, the channels through which the messag
    8·1 answer
  • Why is it important to write a zero-based budget every month?
    13·1 answer
  • Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon) 1
    13·1 answer
  • explain the social and psychological factors that influence the buying patterns of customers in business
    8·1 answer
  • Titan Mining Corporation has 6.3 million shares of common stock outstanding, 220,000 shares of 3.6 percent preferred stock outst
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!