Answer:
what is the money multiplier?
what is the total change in the M1 Money Supply?
- Just because a client deposits money into a bank it does not increase M1, it just changes its composition. The immediate effect of the deposit in the total money supply is nothing. If the bank loans the money to other clients ($581 in total loans are possible), and other clients deposit the funds in the same bank or other banks, then the money supply could increase up to $3,416.
what is the minimum amount by which the money supply will increase?
- If the bank loans the disposable funds, the money supply should increase by $581 at least.
Explanation:
The bank's required reserve ratio = reserves / deposits = $493 / $2,900 = 0.17 or 17%.
the money multiplier = 1 / required reserve ratio = 1 / 0.17 = 5.88
if a client deposits $700, the minimum amount by which the money supply will increase = $700 x (1 - required reserve) = $700 x (1 - 0.17) = $700 x 0.83 = $581
the maximum amount by which the money supply could increase = ($700 x 5.88) - $700 = $4,116 - $700 = $3,416
Answer:
a. payday lender. a company that lends customers small amounts of money at high interest rates, on the agreement that the loan will be repaid when the borrower receives their next paycheck.
Explanation:bc none of the other answers make sense, like a mortgage lender? thats for owning a house. a title lender is A loan that requires an asset as collateral is known as a title loan. ... Title loans are usually taken on by individuals needing cash fast or those in financial difficulties. The costs of title loans are exorbitant and they are considered a bad financing option. and a bank or credit union is used to take money or put money into a bank. so if it isnt a its d. but im 99% sure. yw :))
In a horizontal marketing system, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity. Thus the correct option is E.
<h3>What is marketing?</h3>
Marketing refers as a technique in which awareness of any product is created with the help of advertising and promotion to attract customers and to encourage them to make a purchase.
A horizontal marketing system is a type of distribution channel in which unconnected businesses at the same level form an alliance. The objective is to take advantage of economies of scale.
Therefore, option E is appropriate.
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In the ________, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity.
A.contractual marketing system
B.vertical marketing system
C.conventional marketing channel
D.franchise organization
E.horizontal marketing system
Answer:
Average Customer Retention rate = 80%
Average Value of Sales per year per customer = $120
Average customer acquisition cost = Customer acquisition oriented market expenses per month/
number of new customers acquired per month
Average customer retention cost = $75
CLV =[1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)
![= [1/(1-0.8)] x 120-(40+75)](https://tex.z-dn.net/?f=%3D%20%5B1%2F%281-0.8%29%5D%20x%20120-%2840%2B75%29)
=$485
A) Average customer retention rate =90%
B) Average value of sales per year per customer = $125
C) Average customer acquisition cost =$60
D) Average customer retention cost =$100
CLV = [1/(1- Average customer retention rate)] x (average value of sales per year per customer)-(average customer acquisition cost + average customer retention cost)
![= [1/(1-0.9)] x 125 - (60+100)](https://tex.z-dn.net/?f=%3D%20%5B1%2F%281-0.9%29%5D%20x%20125%20-%20%2860%2B100%29)
E) Customer Lifetime Value = 1090
Explanation:
Here are the spreadsheets.
Based on the information the amount of penalty that Victoria will have to pay is $850.
<h3>Penalty amount:</h3>
Using this formula
Penalty amount=(Tax return×Tax rate)×2
Where:
Tax return=$8,500
Tax rate=5%
Let plug in the formula
Penalty amount=( $8,500 x 5%) x 2
Penalty amount=$425×2
Penalty amount=$850
Inconclusion the amount of penalty that Victoria will have to pay is $850.
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