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4 years ago

How did goldsmiths increase the money supply?

Business

2 answers:

kolbaska11 [484]4 years ago

6 0

Goldsmiths increased money supply by cheating out their competitors, and being the best at what they did.

saw5 [17]4 years ago

4 0

Explanation:

Money supply means the availability of money in the economy. The increase in the money supply means the increase in the availability of money in the economy. When talking about the increase in the money supply of an individual, it means the increase in the money of that person. Goldsmiths is a jewelry retailer who sells luxurious gold sets to the consumers. They have more than 120 showrooms in Great Britain and Ireland. They started to lending out part of their customer's gold by printing receipts in excess of actual gold holdings.

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Arada [10]

Answer:

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4 years ago

Which of the following statements is FALSE?

Pachacha [2.7K]

Answer:

The correct answer is C

Explanation:

. Larger stocks tend to have lower returns but offer less volatility. That is to say that their price (in relative terms) is more expensive because the greater security they offer, and they resign a greater part of the result.

On the other hand, smaller stocks, since they do not have a consolidated position or lower resources to face changes in the economy, tend to be more volatile, so they offer a greater return

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3 years ago

Perez, in recently completed 56,000 units of a product that was expected to consume four pounds of direct material per finished

rjkz [21]

Answer:

Direct material quantity variance= $34,000 unfavorable

Explanation:

Giving the following information:

Standard direct material pounds per unit= 4 pounds

The standard price of the direct material was $8.50 per pound.

The firm purchased and consumed 228,000 pounds in manufacturing 56,000 units.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (56,000*4 -228,000)*8.5

Direct material quantity variance= (224,000 - 228,000)*8.5

Direct material quantity variance= $34,000 unfavorable

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3 years ago

The money multiplier: question 20 options:

Bingel [31]

The correct answer is c

<span>c.measures the maximum amount the money supply can increase when new deposits enter the banking system

</span>
<span>. The money multiplier is the amount of money that banks generate with each dollar of reserves. Reserves is the amount of deposits that the Federal Reserve requires banks to hold and not lend. Banking reserves is the ratio of reserves to the total amount of deposits</span>

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3 years ago

For years, it has been Sarah's dream to start a charitable organization called Every Kid Eats in her hometown of Golden Valley.

Blababa [14]

Answer:

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Explanation:

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3 years ago