Answer: $610 million
Explanation:
M1 includes currency in circulation, checkable bank deposits and traveler's checks.
M1 = $100 million + $500 million + $10 million = $610 million
Savings deposits is part of M2
In economics, the demand schedule is a table showing the quantity demanded of a good or service at different price levels. The demand schedule can be graphed as a continuous demand curve on a chart where the Y-axis represents price and the X-axis represents quantity.
Answer:
$27,500
Explanation:
As mention in the question the company selling the 2000 seats
also the manufacturing cost is =$40
Direct labor cost =$15
As the seat company A =500 seats
So the Direct Material Cost= seat company A allotment *manufacturing cost
=500*40
=$20,000
Also the Direct labor cost =seat company A allotment *direct labor cost
=$500*$15
=$7500
Therefore the total relevant cost of the firm is
=Direct Material cost +Direct labor cost
=$20,000+$7500
=$27,500
A. For Tivoli
x is meatballs
y is spaghetti
x ≤ 30
y ≤ 50
x + y = 80
For Frivoli
x is meatballs
y is spaghetti
x ≤ 40
y ≤ 30
x + y = 70
b. The advantage for spaghetti is Tivoli and for meatballs is Frivoli.
c. For Frivoli
x is meatballs
y is spaghetti
x ≤ 80
y ≤ 30
x + y = 110
d. After the innovation, Tivoli has advantageous in spaghetti and Frivoli in Meatballs.
Answer:
Reserve requirement is the percentage of deposits that the monetary authority keeps in reserves out of deposits.
Reserve requirement = Required reserves / Total deposits
= 300 / 7,500
Reserve requirement = 4%
Reserve ratio is the percentage of reserves held by the banks.
= (Required reserves + excess reserves ) / Total deposits
= ( 300 + 75) / 7,500
Reserve ratio = 5%
