Answer:
c
Explanation:
Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply
Money multiplier = 1 / reserve requirement
Money multiplier when reserve ratio is 10% = 1/10 = 0.1 = 10%
Money multiplier when reserve ratio is 20% =1/20 = 0.05 = 5%
there is a decrease of money multiplier from 5% to 10% when reserve ratio is increased from 10 percent to 20 percent
Answer:
The alternative that should be chosen assuming identical replacement is:
Alternative B.
Explanation:
a) Data and Calculations:
Alternatives:
A B
First Cost $5,000 $9,200
Uniform Annual Benefit $1,750 $1,850
Useful life, in years 4 8
Rate of return 7% 7%
Annuity factor 3.387 5.971
Present value of annuity $5,927.25 $11,046.35
Net cash flow $927.25 $1,846.35
b) Alternative B yields a higher return than Alternative A. Since the two alternatives are based on the same rate of return, Alternative B will bring in a higher annual benefit, even when discounted to the present value.
The level of entrepreneurial activity in a nation is positively related to the nation's level of economic productivity.
<h3>
What is economic productivity?</h3>
Productivity is the proficiency of creation of labor and products communicated by some action.
Estimations of economic productivity are many times communicated as a proportion of a total result to a solitary info or a total info utilized in a creation cycle There are various meanings of productivity (counting those that are not characterized as proportions of result to include) and the decision among them relies upon the reason for the productivity estimation as well as information accessibility.
Productivity is a pivotal consider the creation execution of firms and countries. Expanding public productivity can increase living expectations since all the more genuine pay works on individuals' capacity to buy labor and products.
Therefore economic productivity maintain the level of entrepreneurial activity.
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Answer:
7.69%
Explanation:
The official unemployment rate includes people who do not have a job but are able to take a job and are currently seeking one.
People with part time jobs are considered employed.
Littleville has 1,000 residents, 600 are employed = 400 do not work but how many are considered unemployed:
400 - 240 (under age 16) - 10 (institutionalized) - 100 (are not looking for work, including students and homemakers) = 50 unemployed
Littleville's unemployment rate = number of unemployed / total labor force = 50 / (600 + 50) = 50 / 650 = 7.69%
Answer:
0.9717 per unit sold (approx)
Explanation:
Here, we are assuming 52 weeks in a year.
Contribution margin:
= (Sales revenue - variable cost) ÷ sales revenue
= [(3.52 × 10 + 3.52 × 0.18 × 540 × 52) - (3.52 × 0.26 × 551)] ÷ (3.52 × 10 + 3.52 × 0.18 × 540 × 52)
= [(35.2 + 17,791) - (504)] ÷ (35.2 + 17,791)
= [17,826.2 - 504] ÷ 17,826.2
= 17,322.2 ÷ 17,826.2
= $0.9717 per unit sold (approx)