Answer:
b) decline
Explanation:
If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will <u>decline</u>. This happens because people lost trust and hastily withdrawn their money deposited with the bank.
Answer:
False
Explanation:
This is false.
In reporting reserves aggregate there are lags interest rate such as the federal interest rate are quite easy to measure and easily observable. Such short term interest rate are nominal values and they do not measure the real cost of borrowing well. It does not show accurately what happens to Gross domestic product. Real interest rate equals nominal interest rate as a ratio of reduced inflation gives a representation of true cost of borrowing.
We cannot say with certainty that interests rate is a better policy instrument based on the ground of measurability.
Answer:
Donative intent.
Explanation:
Donative intent refers to the conscious desire to make a gift. This is different from giving something for nothing by mistake or under pressure.
Total units to be produced = 785000
<u>Explanation:</u>
<u>production budget report in units for Pasadena Candle Inc is as follows:</u>
using the data as per given in the question:
Expected units to be sold 800000
Desired ending inventory, Dec 31 20000
Total units available 820000
Estimated beginning inventory, Jan 1 -35000
Total units to be produced 785000
Note: Desired ending inventory is the sum total of expected units that hev been sold and desired ending inventory at the year end.
Note: The begining inventory is to be deducted from the total units available.
