Louis paid $16,000 for a new car in 2011. When he checked the Kelley Blue

After saving money in her piggy bank for three years, Beverly decided to deposit $5,000 of the money in the Millertown Bank. If

Nitella [24]

$20,000 is correct

When they ask for the amount the bank can "create" they are really asking for the change in the money supply. They are required to reserve 20%, so they can loan out 80%

80% * $5,000= $4,000

Now, the bank can use this $4,000 by loaning it out to other customers and earning interest on those loans. The customers can use the money for investments or spending. So the first little deposit of $5,000 has now spread to a lot more people and created a lot more opportunity for growth. This is known as the multiplier effect. To put the multiplier effect in dollar amounts, we need to know how much we are multiplying by. This is called the deposit multiplyer and the formula is 1/(required reserve ratio). The reserve ratio here is 20% or .2

1/(.2)= 5

Our deposit multiplier which will calculate the multiplier effect on the money supply (aka the amount the bank can "create") is 5

5* $4,000= $20,000

7 0

3 years ago

$159 per unit $205 per unit $166 per unit $292 per unit Olds Inc., which produces a single product, has provided the following d

ruslelena [56]

Answer:

Unit product cost= $204

Explanation:

Giving the following information:

Number of units produced 10,700

Variable costs per unit:

Direct materials $108

Direct labor $51

Variable manufacturing overhead $7

Fixed manufacturing overhead $417,300

Under the absorption costing method, the unit product cost is calculated using the direct material, direct labor, and total unitary overhead.

First, we need to calculate the unitary fixed manufacturing overhead

unitary fixed manufacturing overhead = 417,300/10,700= $39 per unit

Unit product cost= 108 + 51 + 7 + 39= $204

4 0

3 years ago

Which of the following is true about organizational behavior?

daser333 [38]

Answer: Option E. It is an interdisciplinary body of knowledge.

Explanation:

Organizational behavior is an interdisciplinary body of knowledge with strong ties to the behavior sciences, psychology, sociology and anthropology, as well as to allied social sciences such as economics and political science. It builds better relationship by achieving people's, organizational, and social objectives. It covers a wide array of human resource like behavior, training and development, change management, leadership, teams etc.

8 0

4 years ago

What is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that ana

irakobra [83]

Answer:

The term is called "Business Intelligence"

Explanation:

In business intelligence we observe trends , patterns of customers , suppliers , partners in order to develop an understanding of market trends so that we can focus on pain points in order to improve them and on string areas so that we can invest more in order to increase our strength and profitability.

3 0

3 years ago

Myra, a new branch manager, shares her personal story of how she came into the profession, her family life, and the challenges s

777dan777 [17]

Answer:

The correct answer is E

Explanation:

In the theory of the organizational, transferring the knowledge is the practical problem of sharing or transferring the knowledge from one part of the firm to another.

Such as the capture or share knowledge, management of knowledge and assure its availability for the future users.

In this case, Myra shares the knowledge with everyone. So, she is a part of the firm through transferring the knowledge.

8 0

3 years ago