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3 years ago

5

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the sam

e, which would rise?

2 answers:

stich3 [128]3 years ago

4 0

NOMINAL GDP but not real GDP would rise

iren2701 [21]3 years ago

4 0

The country's per capita GDP has increased.

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Which of the following is not an example of how media coverage of the Space Race affected the economy?

mrs_skeptik [129]

Correct option: The media only covered positive elements of the Space Race and never mentioned any setbacks.

The above given option does not talk about any aspect of media coverage of the space race and its effects on the economy. Covering only positive aspect without explaining its economic implications does not have any positive or negative effect on any economic activity, externalities or economic well being of any country. On the other hand, option B , C and D talks about economic implications.

7 0

3 years ago

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Suppose American Bank has $500 in deposits and $200 in reserves and that the required reserve ratio is 10 percent. In this si

Alekssandra [29.7K]

Answer:

A. $50 in required reserves.

Explanation:

Required reserve is a reserve amount which is required by the regulatory authority to a bank to maintain as a percentage of total deposit. Sometimes the bank reserve extra amount above the requirement to deal with any abnormal transaction. This value is known as the excess reserves.

As per given data

Deposits = $500

Reserves = $200

Required Reserve ratio = 10 percent

Required reserve = Reserve required / Total Deposit

0.1 = Reserve required / $500

Reserve Required = $500 x 0.1

Reserve Required = $50

Excess reserve value = Actual Reserve - Required reserve = $200 - $50 = $150

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3 years ago

For each of the below, indicate where each item should be presented in the statement of cash flows (using the indirect method) u

Nataly_w [17]

Answer:

<u> Blank 1 </u> <u> Blank 2</u>

i. Depreciation expense A I

ii. Purchase of office equipment B D

iii. Decrease in accounts receivable A I

iv. Payment of cash dividends C D

v. Conversion of bonds into common stock D N

vi. Sold land and warehouse used in the corp. B I

vii. Gain on sale of land and warehouse in part vi. A D

viii. Issued common stock for cash C I

ix. Decrease in accounts payable A D

x. Increase in inventory A D

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

How each of the item will appear in the the statement of cash flows (using the indirect method) is also provided below:

XYZ Company

Statement of Cash Flows (Indirect Method Format)

For the year...

<u>Details $ $ </u>

Operating activities:

Net profit xxx

Adjustment to reconcile net income:

i. Depreciation expense xx

iii. Decrease in accounts receivable xx

vii. Gain on sale of land and warehouse in part vi. (xx)

ix. Decrease in accounts payable (xx)

x. Increase in inventory <u> (xx) </u>

Net cash flows from operating activities xxx

<u>Investing activities:</u>

ii. Purchase of office equipment (xx)

vi. Sold land and warehouse used in the corporation <u> xx </u>

Net cash flows from investing activities xxx

<u>Financing activities:</u>

iv. Payment of cash dividends (xx)

viii. Issued common stock for cash <u> xx </u>

Net cash flows from investing activities <u> xxx </u>

Net cash flow for the year xxx

Beginning cash balance <u> xxx </u>

Ending cash balance <u> xxx </u>

Note: The does not affect the cash flows statement:

v. Conversion of bonds into common stock

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3 years ago

Anna recently moved to Boston in order for her husband Joe to begin a new job as an economics professor at Harvard. Anna is an e

kirill115 [55]

Answer:

uh

Explanation:

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3 years ago

Which of the following defines a short-term goal?<br> career planning unit test. thanks!

Masteriza [31]

A short term goal is a goal that will only take a few hours to a few days, a goal that wont take much time

A unit test is a short-term goal.

Career planning could take years.

-TheOneandOnly003

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3 years ago

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