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Paul [167]
3 years ago
14

If the currency in circulation is $500 billion, the required reserve ratio is 5 percent, checkable deposits are $700 billion, an

d excess reserves total $10 billion, then the money multiplier for the M1 is
Business
1 answer:
BARSIC [14]3 years ago
7 0

Answer:

2.35

Explanation:

The computation of the money multiplier for the M1 is shown below:

As we know that

Money supply(M1) = Currency in circulation + Checkable deposits

M1 money supply is = $500 billion + $700 billion

= $1,200 billion  

Now the M1 money multiplier is  

We know that  

Money multiplier = Money supply ÷ Monetary base

where,

Monetary base = Currency in circulation + Bank excess reserves

 = $500 billion + $10 billion

= $510 billion  

We know that,

Money multiplier = Money supply ÷ Monetary base

= $1,200 ÷ $510

= 2.35

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Studies show that OSHA employees fail to properly inspect and regulate many workplaces, primarily because they do not have _____
Viefleur [7K]

Answer:

Studies show that OSHA employees fail to properly inspect and regulate many workplaces, primarily because they do not have __________.

sufficient resources.

Explanation:

OSHA means Occupational Safety and Health Act.  The law was passed in 1970 to protect workers rights to safe working environments and to promote good health of workers.  OSHA employees are expected to properly inspect and regulate all workplaces.  But lack of resources (human, material, and financial) have hindered the attainment of the objectives of the law.  The OSHA employees have also faced challenges from employers who would rather not comply with workplace safety regulations.

5 0
3 years ago
A company purchased a computer system at a cost of $25,000. The estimated useful life is 8 years, and the estimated residual val
FrozenT [24]

Answer:

$4,687.50

Explanation:

The computation of the depreciation expense of the second year using the double-declining method is shown below:

First we have to determine the depreciation rate which is given below:

= One ÷ useful life

= 1 ÷ 4

= 12.5%

Now the rate is double So, 25%

In year 1, the original cost is $25,000, so the depreciation is $6,250 after applying the 25% depreciation rate

And, in year 2, the ($25,000 - $6,250) × 25% = $4,687.50

5 0
3 years ago
Assume is a design manager for a production company. he independently assigns teams, chooses projects, researches trends, and is
LUCKY_DIMON [66]
The answer is D.autonomy.  Autonomy in management is the art of allowing a great deal of freedom to make choices in the work place. A manager who grants an employee autonomy generally outlines the goal of a project but allows the employee to decide the best way to achieve that goal. For example in our case Assume and the company works in autonomy such that he can work from home and get the work delivered to the design director.
4 0
3 years ago
Whose responsibility is it to provide and pay for Personal Protective Equipment (PPE)?
algol [13]
Whose responsibility is it to provide and pay for Personal Protective Equipment (PPE)? The company/organization is required by OSHA that they purchase PPE and protect their employees. Personal protective equipment is equipment that protects people while working on the job. These items can be, but not limited to, gloves, safety glasses, shoes, earplugs, vests and much more. PPE includes items that are worn to limit hazardous materials being exposed to workers. 
5 0
4 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 50,000 bottles of wine were sold every
grigory [225]

Answer:

$4

$1 and $3

False

Explanation:

As per the data given in the question,

a)

Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,

Amount of the tax on a bottle of wine is $6 - $2 = $4

b)

Burden on the consumer = $6 - $5

= $1

Burden on the seller = $4 - $1

= $3

c)

False, because the tax incidence depends on the flexibility or elasticity  of market.

6 0
3 years ago
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