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kolezko [41]
3 years ago
8

Contrast the actions a central bank would take to increase the quantity of money in the economy with the actions it would take t

o produce the opposite affect.
Business
1 answer:
Julli [10]3 years ago
5 0

Answer:

  • Actions to increase the quantity of money in the economy: rescue bonds from the market, lower the interbank interest rate, lower the legal reserves requiered to banks, increase monetary base.
  • Actions to decrease the quantity of money in the economy: put bonds on the market, increase the interbank interest rate, increase the legal reserves requiered to banks, decrease monetary base.

Explanation:

  • To increase the quantity of money  in the economy, Central Bank can  rescue bonds from the market (which means getting the bonds back, and deliver money to the former holders), lower the interbank interest rate (wich makes more attractive to banks to borrow money from central bank and  would yield in more lending from banks to private sector) ,  or lower the legal reserves requiered to banks (which means that banks can lend a bigger amount of the deposits they receive, increasing the supply of money in the market). central bank can also increase the monetary base (the amount of paper money in the economy).
  • To decrease the amount of monet in the economy means do the opposite that was explained in the above paragraph.
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Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac
zhannawk [14.2K]

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

3 0
3 years ago
Multiple Choice Question 71 Boswell Company manufactures two products, Regular and Supreme. Boswell’s overhead costs consist of
seropon [69]

Answer:

Allocated MOH=  $5,250,000

Explanation:

Giving the following information:

Overhead costs:

Machining = $5,000,000

Assembling= $2,500,000

Regular:

Direct labor hours= 10,000

Machine hours= 10,000

Number of parts= 90,000

Supreme:

Direct labor hours= 15,000

Machine hours= 30,000

Number of parts= 160,000

First, we need to calculate the estimated overhead rate for each department. For Machining, we will use the machine hours. For Assembling, we will use the direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Machining:</u>

Estimated manufacturing overhead rate= 5,000,000/ (10,000 + 30,000)= $125 per machine hour

<u>Assembling:</u>

Estimated manufacturing overhead rate=  2,500,000/(25,000)= $100 per direct labor hour

Now, we can allocate overhead to supreme.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= (125*30,000) + (100*15,000)= $5,250,000

6 0
3 years ago
Larger financial institutions now offer a wide range of services under one roof, from banking to stock trading. These institutio
Sholpan [36]

Answer:

The correct answer is E. Share of customer.

Explanation:

Customer participation reflects the way in which customers take part in the process and the degree to which they participate. It is especially important for many service processes, particularly if the contact with the customer is (or should be) high. A good starting point to increase customer participation is to make the process more visible to the customer. Allowing customers to see what normally remains hidden from their view is part of Harvey’s service design, a Canadian chain of fast food restaurants. There you can see the workers in a sanitary and orderly workplace roasting the meat, and one can choose the type of additional ingredients you want. An even bolder step is to allow customers to participate in selected backroom processes, in order to turn them into shown processes.

5 0
3 years ago
An asset has an average historical rate of return of 10.1 percent and a variance of 0.0116751. What is the upper percentage rang
pochemuha

Answer:

20.91%

Explanation:

Provided information

Average historical rate of return = 10.1 %

Variance = 0.0116751

By considering the above information, the standard deviation would be

= Square root of Variance

= 10.81%

So the upper percentage range of return would be

= Standard deviation + standard deviation

= 10.81% + 10.1%

= 20.91%

Since we have to find out the upper percentage so we added it otherwise we have to deduct it

8 0
3 years ago
Adventure Travel signed a​ 14%, 10-year note for​ $152,000. The company paid an installment of​ $2,200 for the first month. Afte
Likurg_2 [28]

Answer:

The principal​ balance is $151,573

Explanation:

For computing the principal balance, we need the following calculation which is shown below:

1. First we have to compute the 1 month interest payment which equals to

= Note amount × rate × 1 month ÷ total months in a year

= $152,000 × 14% × 1 ÷ 12

= 1773.33

2. Now deduct the first month interest  from installment amount which equals to

= Installment amount - Interest amount

= $2,200 - $1773.33

= $426.67

3. Now subtract step 2 amount from notes amount which equals to

= Notes amount - principal amount

= $152,000 - $426.67

= $151,573.33

Hence, the principal​ balance is $151,573

5 0
3 years ago
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