Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Yes it is a good idea which can increase the company's bottom line
Answer:
the moeny supply expand is $9,900,000
Explanation:
The computation is shown below:
Excess reserves is
= Actual - required
= $40,000 - (0.4% × $100000)
= $40,000 - $400
= $39,600
Now Money supply expand is
= $39,600 ÷ 0.4%
=$9,900,000
hence, the moeny supply expand is $9,900,000
Answer:Please refer to the Explanation section
Explanation:
Cuba seems to a comparative advantage in Producing Sugar, importing sugar will drive the price down because Cuba can supply sugar at a relatively lower price which will means people in Florida will purchase Sugar at lower price so a trade with with will be in the best interest of the People because the demand will met, meaning there will no shortages in the market and the price will be lower. these two point will increase consumer surplus.
We could also export some of the products we have comparative advantage on, which will not only increase revenue for local Producers but will also open opportunities for local producers to gain market share which will increase the demand for the local products. When the Demand for the Local Products increases, Local Producers will produce more and that will lead to an increase in the Gross Domestic Products (GDP) of the United States.
A trade will Cuba Trade Deal will benefit the country and the citizens of the country I therefore would like to plead with the Senator to review the embargo on Cuba
The potential benefits a person or business supplies when getting an
economic decision is called the opportunity cost.
<h3>What is an opportunity benefit in economics?</h3>
Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.
If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.
Thus, option C is correct.
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