Answer:
D. any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget
Explanation:
A balanced budget means that the revenues are equal to the expenditures. This allows to avoid a deficit that can cause issues. According to this, if balanced budget is required, this means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget as revenues have to be the same as the expenditures and if one increases you have to find the way to adjust them to maintain the balanced budget.
A change in the number of sellers in an industry changes the quantity available at each price and thus changes supply. An increase in the number of sellers supplying a good or service shifts the supply curve to the right; a reduction in the number of sellers shifts the supply curve to the left.
The reserves amount is $500.
What are reserves amount?
The reserves amount means the portion of deposits the bank has received from customers that it must hold on to and not give out as loans to its borrowers, it is usually a percentage of the deposits made by the bank as it is 10% of total bank's deposits in this case.
The reserves amount is mandatory cash the bank must keep as required by the supervisory bank such as the central banks.
It is compulsory, so as to make provisions for unexpected withdrawal requests that depositors could make so as to avoid a situation the bank runs out of cash , where cash is non-available to meet the requests of depositors for funds kept with the bank.
reserves amount=reserve %*deposits
reserve ratio=10%
deposits=$5,000
reserves amount=10%*$5,000
reserves amount=$500
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Answer:
The correct answer is B) the bullwhip effect.
Explanation:
The bullwhip effect is a phenomenon observed in distribution channels. It refers to a trend of larger and larger changes in inventory in response to changes in customer demand, when one looks at companies at the back of the supply chain for a product. The concept first appeared in Jay Forrester Industrial Dynamics (1961) and is therefore also known as the Forrester effect Since the magnification of the oscillating demand uphill of a supply chain is reminiscent of the cracks of a whip, it was known as the effect bullwhip.