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Rufina [12.5K]
3 years ago
8

Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies t

otal $5000. Using this information and your knowledge of the banking system, place both the definition and dollar amounts below in their appropriate category. Assume a required reserve ratio of 10%. Not all items will be placed.

Business
1 answer:
Karolina [17]3 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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16) If the supply of iPads increases, then
trasher [3.6K]

Answer:  The market demand curve for soft drinks will shift to the left and the market supply curve will shift to the left as well: equilibrium quantity will decrease and the equilibrium price may rise, fall, or remain the same. The graphs below illustrate this idea.

Explanation:

8 0
3 years ago
The budget of the federal government is dramatically different than it was 50 years ago. In what way is it different
NISA [10]

Answer:

D

Explanation:

D.   Mandatory spending has increased as the population has gotten older and the Social Security and Medicare programs have expanded.

3 0
2 years ago
Labor-augmenting (improving) technology causes which of the following? (i) The marginal productivity of labor increases. (ii) Th
OleMash [197]

Answer:

Answer to this is both option (i) and option (iii).

Explanation:

Change in technology generally affects the change in productivity as well as the change in labor demand. In the case of Labor-augmenting (improving) technology, it is found that the positive change in technology leads to the increasing marginal productivity of labor. This increase of marginal productivity of labor shifts the labor-demand curve towards right. Thus, Labor-augmenting (improving) technology causes marginal productivity of labor to increase which further leads to shifting of the labor-demand curve towards right.

5 0
3 years ago
Omni Corporation's accumulated depreciation—equipment account increased by $5,300, while $3,400 of patent amortization was recog
dmitriy555 [2]

Answer:

Cashflow from Operating Activities

Net Income                                                                 $120,400

Adjastment for Non-Cash Items

Depreciation                                                                  $5,300

Amortization                                                                   $3,400

Adjastments of Items appearing elsewhere

Loss from the sale of land                                            $4,000

Net Cash flow from operating activities                    $133,100

Explanation:

Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements

8 0
3 years ago
Selling similar merchandise at a price above the competition is done with the hope of selling greater quantities of the merchand
irina [24]

Answer:

False

Explanation:

In order to attract more customers to your store and sell larger quantitative, you must sell at a price below the competition, not above.

Rational customers should purchase at the lowest possible price, that is the basic concept behind the law of supply and demand. A lower price should result in a higher quantity demanded.  

3 0
3 years ago
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