Answer: $1,850 billion
Explanation:
The following were given in the question:
Currency in circulation = $950 billion
Required reserves = $60 billion
Excess reserves = $840 billion
Open market operations = $70 billion
The monetary base will be the value of all the currency in circulation plus the reserves that is held by the banks and this will be:
= $950billion + $60billion + $840billion
= $1,850 billion
Answer:
The annual payments are= $10586.40
Explanation:
Giving the following information:
By the end of this year, you would be 35 years old and you want to plan for your retirement.
You wish to retire at the age of 65 and you expect to live 20 years more.
You wish to have an annual sum of $50,000.
A conservative bond fund has been returning 7% annually.
First, we need to calculate the amount of money needed at 65 years old.
50000*20= $1,000,000
So, we know the final value= 1,000,000; n=30 and the interest rate i=0.07
We need to find the annual payments required to achieve the final value, using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
Isolating A:
A= (FV*i)/[(1+i)^n-1]
A= (1000000*0.07)/[(1.07^30)-1]
A=$10586.40
Influence of External factors in the organisation which ask for the change in the business function:
Explanation:
Big firms like Apple, Intel and other organisations o not work in Vacuum. Due to the changes in various sectors like - economy, market trends, consumer trends, government rules. Every organisation has to change the way of functioning. Below are few scenarios where quick decisions are made due to external changes:
1. Pay Parity : Recently law has been passed bu government where equal pay has to be distributed among male an female employees.
2.Strict Working Hours : No employee should be asked to work for more then 45 hours a week.
3. Maternity leave of 6 months: All organisation to grant 6 months of maternity leaves to the employees.
Above, examples are the decisions which company is following which is inline with the government rules and regulations.
Specialization involves division of an organization's work and applies motivational theories to jobs to increase satisfaction and performance."
The basic principle is that if the price of a product goes up, all other factors being equal its demand will go down and vice versa (law of demand). Since in this case the price goes up, the demand will go down. The law of supply states that hen prices rise, supply rises too (in order to make profit). There is no general model predicting whether the market will be more competitive or not. Thus, the best answer from the above is A.
