The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.
<h3>What cost would be relevant?</h3>
The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.
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Answer: $50000
Explanation:
Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:
= $4500 - (10% × $40000)
= $4500 - $4000
= $500
Then, the money supply that's expanded will be:
= Excess reserve / Reserve ratio
= $5000 / 10%
= $5000 / 0.1
= $50000
Therefore, the answer is $50,000.
Answer:
STOCKS
Explanation:
US government bond is a government security, therefore the government print more money to pay those who invest in it.
In addition bondholders are creditors of a corporation.
Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.
Savings accounts are protected by the Federal Deposit Insurance Corporation (FDIC) provisions.
Money market accounts are a safe investment because they are insured by the FDIC.
Therefore the investment option that has the highest risk is stocks.
Answer
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Explanation
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<u>Answer</u>:
C) a watermelon, a chair, and a pencil is a list of private goods only.
<u>Explanation</u>:
In Economics, private goods are goods that need to be purchased for consumption, and if an individual is consuming it, then the other individuals cannot consume it. These goods are also considered as excludable which means that if a user has bought it, he/she can prohibit its use from the public through ownership rights. The owner could be an individual or a group of individuals.
By applying the above definition, it is clear that C is the only alternative that consists of private goods only, that is, A watermelon, a chair, and a pencil.