Answer:
1) If the Fed sells $2 million of government bonds, the economy’s reserves Decrease by $2 million, and the money supply will Decrease by $16 million.
2) The money multiplier will remain unchanged. True
3) As a result, the overall change in the money supply will remain unchanged. True
Explanation:
1.) We have the reserve requirement for checking deposits as 12.5% with banks not holding any excess reserves.
To calculate Money Multiplier:
Money Multiplier = 
= 
= 8
If the Fed sells $2 million of bonds, reserves will decrease by $2 million and the money supply will decrease by 8 x $2 million = $16 million.
2) and 3) Now the Fed lowers the reserve requirement to 10 percent, but banks choose to hold another 2.5 percent of deposits as excess reserves.
To calculate Money Multiplier:
Money Multiplier = = 
= 8
Money multiplier is 8 same as in 1) Therefore the statements: "The money multiplier will remain unchanged" and "As a result, the overall change in the money supply will remain unchanged" are both True.
Answer:
Assets: 180,000
Explanation:
Accounting Equation Formula:
Assets = Liabilities + Owner's Equity
The accounting equation shows which resources the company has for the development of its activities and how they are financed. Assets are those mentioned resources, such as cash, bank accounts, inventory, etc. Those assets can be financed by external or internal sources. Liabilities represent external sources, which means, obligations. Instead, Owner's Equity represents internal sources, which means issuing equity shares. As every resource have to be finance either external or internally, the value of the Asset should match the add of Liabilities and Owner`s Equity.
Answer:
$44,000
Explanation:
Calculation to determine how much of the $50,000 bill will the insurer pay
Total bill for medical services $50,000
Less medical expense policy calendar-year deductible ($1,000)
Less annual out-of-pocket limit $5,000
Bill payment $44,000
($50,000-$1,000-$5,000)
Therefore how much of the $50,000 bill will the insurer pay is $44,000
Answer:
See below
Explanation:
Renter's insurance
Your stereo and computer are stolen from your apartment. Renters insurance is designed to offer protection against loss or damages to properties belonging to renters living in apartments or standalone units.
Liability coverage
You cause an accident that damages someone else's car. Provide financial protection against medical or damages claims against the policyholder if found at fault in an accident.
Health insurance
You go to the emergency room after a car accident. Take care of medical and other hospital-related expenses should the policyholder or their dependents require medical attention.
Disability Insurance
You have to take a month off from work because of a broken leg. Provide financial compensation against loss of income due to serious bodily injuries to the policyholder.
Answer:
C) hierarchy.
Explanation:
A unit level cost is a cost incurred every time one unit is produced, e.g. a bottle.
A batch level cost is a cost related to a group or batch of units produced, e.g. a box containing 20 units.
A product sustaining level cost is a cost related to the activities undertaken to support an individual type of product, e.g. software updates.
A facility level cost is a cost incurred in order to maintain a productive facility working, e.g. lighting and cleaning costs.
