That it increases the money supply and the inflation is higher. More money can be loaned out by the bank.
        
             
        
        
        
The statement that must be true about the demand for a product if it is inelastic is that, a price increase does not have a significant impact on buying habits. The correct answer would be option B. When the demand is inelastic, this situation means that the demand for a product does not decrease nor increase in corresponds to the rise or fall of its price.
        
                    
             
        
        
        
Answer:=Jones recognizes $386.9  as interest
Explanation:
Fiscal year ending July 31st
 there are 23 days between when the cash as issued ie July 8 and the end of the fiscal year on July 31st 
 Given amount or Principal amount = $75,700
Rate= 8%
Interest = Principal x Rate x Time
   $75,700 x 8% x 23/360=$75,700 x 0.08 x 23/360 
=$386.9
Jones recognizes $386.9  as interest in the current fiscal year.
 
 
        
             
        
        
        
Answer:
GDP =  280 billion
Net investment = 10 billion 
National income = 270 billion 
Explanation:
given data 
Consumption = 200 
Depreciation = 20 
Retained earnings = 12 
Gross investment = 30 
Imports = 50 
Exports = 40 
Net foreign factor income = 10 
Government purchases = 60 
solution
we get here GDP that is express as 
GDP = Consumption + Gross investment + Government purchases + Net exports     ...................1
Net exports  = ( Exports - Imports)
so put here value 
GDP = 200 + 30 + 60 + 40 - 50
GDP =  280 billion
and 
Net investment will be as 
Net investment = Gross investment - Depreciation    ...............2
Net investment = 30 -20
Net investment = 10 billion 
and 
National income = GDP - Depreciation + Net foreign factor income    ............3
National income = 280 - 20 + 10  
National income = 270 billion 
 
        
             
        
        
        
Answer:
a) ME= 1.93
b) confidence interval= (19.59,23.45)
Explanation:
a) Sample of customers is 64, population standard deviation is 6 and confidence level is 99%
Sample mean= 21.52
Sample size= 64
Confidence level= 99%
Population standard deviation= 6
Standard error of the mean= 0.75
Z-value= -2.5758 (From Z table)
Interval half width= 1.9319
Margin of error at 99% confidence interval is 1.93 from the output.
b) Confidence interval
Interval upper limit= 19.59
Interval lower limit= 23.45
99% confidence interval is (19.59, 23.45) from the output. 
ME=  = 1.93
= 1.93