Answer:
a. Even though I was willing to pay up to $40 for a jersey sweater, I bought a jersey sweater for only $31.
Consumer Surplus;
= 40 - 31
= $9
When the amount that a consumer is willing to pay for something is more than the amount they actually pay, the difference is the Consumer surplus.
b. I sold a used laptop for $137, even though I was willing to go as low as $130 in order to sell it.
Producer Surplus
= 137 - 130
= $7
When the amount that a producer is willing to sell something for is less than the amount they actually sell it for, the difference is the Producer surplus.
c. I was willing to go as low as $130 in order to sell it A local store was having a sale on watches, so I bought a watch for my brother. Neither.
Answer:
Explanation:
Given information
Number of shares owned = 200 shares
Split ratio = 2 for 1
Number of additional shares = 200 shares
The additional shares would get when the investor received the new certificate which specifies the additional shares plus the old certificate is also with the investor which decreased the par value of each share.
It is a cheaper method as compare to cancel the shares plus issuing them
The answer is moral holiday. Taking a moral holiday means temporarily
loosening up and taking it easy, not
carrying the heaviness of the world on your shoulders, not being despairingly
depressed by depressing realities. In other words, there are specified times
when people are allowed to break norms. The best example is during Mardi gras.
False, professional shoplifters steal to resell items
Answer:
The correct answer is option A.
Explanation:
When the government buys from the public it will pay them back. So the purchase of $100 million of bonds by the government means $100 million was paid to the public.
Also, if the reserve requirement is lowered, it means the commercial banks can increase lending.
Both these actions combined will lead to an increase in the money supply.
