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Galina-37 [17]
3 years ago
11

If real money balances are $2.0 trillion (2017 dollars), and the monetary expansion rate is 25%, what is the annual rate of seig

niorage (in billions of 2017 dollars per year)? (Assume for simplicity that the government costlessly creates the entire money stock.)
Business
1 answer:
trasher [3.6K]3 years ago
6 0

Answer:

$500 billion

Explanation:

Data provided in the question:

Real money balances = $2.0 trillion = $2,000,000,000,000

Monetary expansion rate = 25%

now,

The annual rate of seigniorage

= Real money balances × Monetary expansion rate

= $2,000,000,000,000 × 0.25

or in billions

= \frac{\textup{2,000,000,000,000}\times0.25}{\textup{1,000,000,000}}

= $500 billion

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Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE
Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash                              $50,000

Accounts receivable    $80,000

Inventory                     $100,000

Gross P&E                   $730,000

<u>depreciation               ($130,000)</u>

total                          = $830,000

Liabilities:

Accounts payable         $12,000

Notes payable              $50,000

<u>Long-term debt           $218,000 </u>

total                          = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock            $100,000

Add. paid-in capital    $250,000

Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000

3 0
3 years ago
‏( Z ) Company has beginning inventory of 15,000 units and expected sales of 23,000 units . If the desired ending inventory is 1
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Answer:

the  number of units should be produced is 26,000 units

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= 26,000 units

Hence, the  number of units should be produced is 26,000 units

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