Answer:
$20,000 and $20,000
Explanation:
Data given in the question
Reserve ratio = 10%
Value of money supply = $2,000
Deposit amount = $2,000
So by considering the above information, the amount to be created
= Money multiplier × deposit amount
where,
Money multiplier is
= 1 ÷ reserve ratio
= 1 ÷ 0.10
= 10
So, the amount to be created is
= $2,000 × 10
= $20,000
And, the new money supply is also $20,000
Answer:
1. Benefits Of Regional Economic Integration
2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.
3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.
<em>4. Employment prospects. </em>
Explanation:
The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.
Answer:
personalized offerings
Explanation:
Based on the scenario being described it can be said that in this way Amazon was creating value for Andrew through personalized offerings. This term refers to offering products that are tailor picked to fit the needs and wants of the specific customer to whom the product is being offered. Such as the recommendations being made to Andrew which have been chosen to fit the specific likes that Andrew has.
Answer:
The reason is that the companies believed that they were able to compete against global and domestic rivals.
Explanation:
The reason for companies to be against the protection is that they believed that they didn't need it because they had advantages that allow them to compete against competitors from other countries. However, if the US would have established a protection from imports, the countries of the companies affected by the measure could have established similar restrictions that wouldn't allow these companies to compete in other markets.
Answer:
The bridge 's owner has a natural monopoly, and the marginal production cost (letting another car drive through it) is close to nil.
Explanation:
Since building several bridges to compete is inefficient, but building one bridge at a lower average cost to customers would be effective. If the private monopolist builds the bridge it can charge customers exceptionally high prices.
There is a high fixed cost involved with constructing a bridge. Hence constructing a bridge is a mere privilege. Furthermore, there is no extra cost to allow another car to cross the bridge. It means that the marginal cost is zero or closer.
