Answer:
A) Does not change the money supply.
Explanation:
Demand deposits change the monetary base, because the monetary base equals currency plus demand deposits.
However, in itself, a demand deposit does not change the money supply. For the change in the money supply to occur, the bank must loan out some of the money in the deposit.
Based on the restaurant prices for pizza and the different quantities that they will offer the pizzas, the slope of demand curve is -0.025
<h3>What is the slope of the demand curve?</h3>
The slope can be found as:
= Change in price / Change in quantity
Solving gives:
= (5 - 10) / (300 - 100)
= -5 / 200
= -0.025
In conclusion, the slope of the demand curve is -0.025
Find out more on the demand curve at brainly.com/question/1139186
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The formula for calculating the Confidence Interval is as
follows:
Confidence Interval = x +- (z*s)/√N
Where:
x = mean = 10.36
z = taken from standard normal distribution table based on 95%
confidence level = 1.96
s = standard deviation = 5.31
N = sample size = 30
Substituting know values on the equation:
Confidence Interval = 10.36 +- ( 1.96 * 5.31) / √30
Confidence Interval = 8.46 and 12.26
Hence the bill of lunch orders ranges from 8.46 to 12.26.
<span> </span>
Answer:
ADJUSTED BOOK BALANCE
Bank balance $59,549 Book balance $61,709
+ Deposit in transit $4,250 Interest earned $33
- Outstanding checks <u>$2,075</u> Bank service fees <u>$18</u>
Adjusted book <u>$61,724</u> <u>$61,724</u>
balance
Answer: Increasing current profits when doing so lowers the value of the company's equity.
Explanation:
The main purpose of a company is to increase the wealth of shareholders. In their capacity as stewards for the company, managers should be working therefore to achieve this goal.
When management neglects this goal and begins to seek an improvement in their welfare and wealth instead of the shareholder', this is an Agency problem.
If a Financial manager is increasing current profits even though doing so will lower the value of the company's equity, this can create an agency problem because the shareholders are suffering but the finance manager might get rewarded for increasing profits.