The correct answer is Records.
Answer:
maximum amount money supply increase is $200 million
smallest possible amount money supply increase is $30 million
Explanation:
given data
purchase government bonds = $30 million
reserve ratio = 15 percent
to find out
largest possible increase in the money and smallest possible increase
solution
we know that here money multiplier will be
money multiplier = 
money multiplier = 
money multiplier = 6.7
and
change in money supply will be
change in money supply = money multiplier × purchase bonds
change in money supply = 6.67 ×30
change in money supply = $200 million
so maximum amount money supply increase is $200 million
and
when bank hold $30 million as reserve
than money supply increase by $30 million
so smallest possible amount money supply increase is $30 million
The total labor cost of variance is the difference of the two presented costs. The actual cost of production is presented below,
actual cost of production = $198,000
The other cost can be calculated through the equation,
cost of production = (3 hours/labor u)(($8/unit)(8,000) = $192,000
Thus, the total labor cost variance is approximately $6,000.
Gray purchases a home from black. gray will pay $700 a month, and a balloon payment and title transfer will take place in five years. this is a contract for deed.
A contract for deed which is sometimes called as an installment purchase contract or installment sale agreement, is a real estate transaction in which the seller finances the purchase of the property rather than a third party such as a bank or credit union or any other mortgage lender does.
It is often used when any buyer does not qualify for a conventional mortgage.
Contracts for deed are a financing option for property transactions between family members or friends. Some nonprofit housing organizations also use them to help the low income families in finding a path to homeownership.
To know more about contract for deed here:
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