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3 years ago

A currency drain occurs when

Business

1 answer:

gogolik [260]3 years ago

5 0

Answer:

The correct answer is: non-bank public increases its holdings of currency outside the banking system.

Explanation:

A currency drain refers to the situation where there is an increase in currency held outside the banking system. When the public holds more money outside the banking system, it reduces the total reserves of the banks. The excess reserves get reduced as well.

The currency gets drained from the banking system, so banks can create less money. This causes a reduction in the money supply.

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Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7

yarga [219]

Answer:

(A)

we are given for last year

cost of goods sold was $7.5 million and inventory was $1.5 million

firstly , we will find average cost of sold good on week basis

=cost of goods / total number of weeks in a year

so, we get

average cost of sold good on week basis as :

=\frac{7.5}{52}= 0.1442 million

now, we can find weeks supply

Weeks supply=Investment in inventory/ Average cost of sold good on week basis

week supply = 1.5/0.1442 =10

so, week supply = 10 ...........Answer

(B)

we are given for this year

cost of goods sold is $8.6 million and inventory investment is $1.6 million

firstly , we will find average cost of sold good on week basis

=cost of goods / total number of weeks in a year

so, we get

average cost of sold good on week basis as :

=\frac{8.6}{52}= 0.1654 million

now, we can find weeks supply

Weeks supply=Investment in inventory/ Average cost of sold good on week basis

week supply = 1.6/0.1654 =10

so, week supply = 10 ...........Answer

(C)

yes , reduced by 7%

6 0

3 years ago

Which component of consumption has a negative or indirect relationship with consumption?

Sveta_85 [38]

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

5 0

3 years ago

During the last decade, there was an increase in sales in cds, dvds, pen drives, and portable hard discs, as people sought to re

kipiarov [429]

During the last decade, there was an increase in sales in cds, dvds, pen drives, and portable hard discs, as people sought to replace their obsolete floppy discs. in terms of the technology cycle, this is an example of <span>DISCONTINUOUS CHANGE.</span>

4 0

3 years ago

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and

Kipish [7]

Correct question:

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.

Group of answer choices

A. less efficient than

B. as efficient as

C. either more or less depending on the elasticity of demand

D. more efficient than

Answer:

Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

<h3>Correcting a market with taxation:</h3>

The government can discourage the consumption of harmful products by raising taxes on them.
Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.

<h3>Command and control strategies:</h3>

Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
Correcting marketing is more effective than correcting manufacturing through taxation.

<h3>Reason -</h3>

As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.

Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

Know more about market correction here:

brainly.com/question/2626419

#SPJ4

7 0

2 years ago

Stella is currently spending all of her weekly income purchasing the two goods that she likes cookies and milk. She is currently

Ivan

Answer:

Stella should consume less of milk and more of cookies to maximize total utility.

Explanation:

The price of cookies is $9, and the price of milk is $3.

Stella consumes 10 cookies and 5 cartons of milk.