Answer:
The largest amount by which the money supply can increase is $1,875
Explanation:
According to the given data, we have the following:
Checking/Demand Deposit = $150 (which is assumed to be the part of new money supply)
Required reserve ratio = 8% = 0.08
Therefore, first we need to calculate the money supplier as follows:
Money multiplier 1/rr
Money multiplier = 1/0.08
Money multiplier = 12.5
Hence for $150 deposited the money supply will increase by $(150×12.5) =$1,875
The largest amount by which the money supply can increase is $1,875
Based on the demand and supply functions for the market for Halloween parties attended by MIT students, the equilibrium price is <u>$100</u> and the quantity is <u>100. </u>
<h3>What are the equilibrium price and quantity for Halloween parties?</h3>
The equilibrium price and quantity can be found by equating supply and demand.
This gives:
Price = Quantity
Price = 300 - 2p
300 = 3 x Price
Price = 300 / 3
= $100
The quantity would also be 100 parties.
The rest of the question is:
Think of price here as the amount of money party hosts will collect at the door from party-goers. The demand for parties is given by Q =300−2p. The supply of parties is given by Q = p.
Find out more on equilibrium pricing at brainly.com/question/22569960.
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Answer:
both the government control and the private sector exist
Explanation:
The mixed-market economies are economies that have primarily developed from the command economies, but have implemented market economy elements as well. In this type of economies we have a situation where the governments still have a very important role in the economy, while in the same time, the private businesses are also thriving. The government is usually in control of the most important and abundant natural resources, thus providing security for the country's people and economy. The private businesses are able to operate freely, and they collaborate with the government as a business partner., with both of them being dependent on each other.
Answer: condition precedent
Explanation: In simple words, a condition precedent refers to the set of affairs or contract that are necessary to happen in a contract or else no contractual duty will arise on both sides of the contract. Thus it can be considered as a contract that must occur.
In the given case, the real estate contract arise on the condition that the buyer sells his current home or otherwise no contract exist. Hence this act could be considered as condition precedent.
