<u>A social goal of any economic system:</u>
All economic systems' broad goals saw as key to the U.S. economy are soundness, security, economic freedom, equity, economic growth, efficiency, and full employment.
Accomplishing these objectives is troublesome in light of the fact that—despite the fact that the objectives supplement each other now and again—by and large, there are exchange offs to confront. To keep up a solid economy, the national government looks to achieve three approach objectives: stable costs, full business, and financial development.
Notwithstanding these three arrangement objectives, the central government has different destinations to keep up the sound financial strategy. Monetary objectives are not in every case commonly perfect; the expense of tending to a specific objective or set of objectives is having fewer assets to focus on the rest of the objectives.
Your best response is ' MY TEAM INITIATED A UNIFIED, PROFESSIONAL RESPONSE FROM THE START'. This kind of response show professionalism, because you have not allow the question asked by the reporter to provoke you onto anger. Also, it show that you possess good communication skills.
Answer:
Question 1)
Decrease in money supply = Decrease in checking account / Required reserves ratio
Decrease in money supply = $25,000 / 0.05
Decrease in money supply = $500,000
NOTE: As per Answering Policy, first question is answered.
Explanation:
Question 1)
Decrease in money supply = Decrease in checking account / Required reserves ratio
Decrease in money supply = $25,000 / 0.05
Decrease in money supply = $500,000
NOTE: As per Answering Policy, first question is answered.
Answer:
Hotel A, Indianapolis
The number of rooms that the hotel should sell for this particular night to minimize their costs is:
= 196 rooms.
Explanation:
a) Data and Calculations:
Hotel rooms available = 180
Expected percentage of reservations that will actually show up = 92%
Cost per empty room = $175
Cost per room for overbooking and placing extra guests in other accommodations = $375
The number of rooms to sell this particular night to minimize costs = 180/92% = 196 rooms
Booking 196 rooms will ensure that the maximum rooms are fully taken by the reservationists and the hotel can only incur a probable cost of $375 per overbooked guest.
