Answer:
$32 million
Explanation:
Data provided in the question:
Total interest income = $67 million
Total noninterest income = $14 million
Total interest expenses = $35 million
Total noninterest expenses (excluding PLL) = $28 million
Provision for loan losses = $6 million
Taxes = $5 million
Now,
Bank's net interest income = Total interest income - Total interest expenses
= $67 million - $35 million
= $32 million
Answer:
Total widgets supplied in the market will be 4000
So option (d) will be correct answer
Explanation:
We have given total number of suppliers = 100
It is given that half of the suppliers supply 35 widgets
So 50 supplier supply 35 widgets each
So total number widgets supplied by 50 supplier = 50×35 = 1750
A quarter, that is 25 supplier supply 40 widgets
So widgets supplied by 25 supplier = 25×40 = 1000
And other quarter, that is 25 supplier supply 50 widgets each
So widgets supplied by 25 supplier = 25×50 = 1250
So total widgets supplied in the market will be = 1750+1000+1250 = 4000
So option (d) will be correct answer
Answer:
B. will be horizontal.
Explanation:
In the case when the firm is in the perfect competition market so here the demand curve would be horizontal as because of the same product and also the transaction cost is lesser that means if someone rise the prices so the producer would lost all its revenue
Therefore as per the given situation, the option b is correct
Answer:
Left by $400; Left by $300
Explanation:
Given that,
Marginal propensity to consume, MPC = 0.75
Government spending multiplier = 4
(a) If the government decreases its purchases by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in government spending to the government spending multiplier.
Aggregate demand curve shift left by
= Change in government spending × Government spending multiplier
= $100 × 4
= $400 million
(b) If the government increases income taxes by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in taxes to the tax multiplier.
Tax multiplier:
= MPC ÷ (1 - MPC)
= 0.75 ÷ (1 - 0.75)
= 0.75 ÷ 0.25
= 3
Aggregate demand curve shift left by
= Change in taxes × Tax multiplier
= $100 × 3
= $300 million
Answer:
The contract wasn't formed because of closing of offer due to closing of offeree.
Explanation:
The offeree can only accept the offer if:
1. The Offer is not closed.
2. The offerer is alive.
3. No offerer qualifies age limit.
4. The Offered is in senses which means he is not drunk or suffering from mental illness that affects thinking of what is right or wrong for him.
Clearly from the above conditions the condition 2 is not satisfied here because offerer died before the acceptance of offer. Hence the contract was not formed and Executor did right by refusing to deliver the deed to black-acre in exchange for money.
