Attached solution with detailed work.
The answer is B, they are paid based on a salary not amount of hours worked.
Answer:
gay
wunuwu unwind and relax and enjoy the rest of the rest of the rest
divide cost by quantity. The lowest rate is the best buy:
26/8 = 3.25 each
30/5 = 6.00 each
15/4 = 3.75 each
39/12 = 3.25 each
45/10 = 4.50 each
The 8 for 26 and the 12 for 39 are both the same price each and are the better buys.
Given:
Reserve requirement = 10%
Deposit = $5400
Find:
money the supply could expand = ?
Solution:
Money Supply =
Monetary Base × Money Multiplier
Before we determine the money supply, the money multiplier must
already be determined. Therefore:
$5400 (0.10) = $540
In this case, adding the two will give us the money supply
$5400 + $540 = $5940
Nevertheless, not all money is lent out or spent. Kept money
reduces the money supply.
The restrain to the growth of the money supply when deposits
expand are identified by 2 factors:
1.
The amount above (excess reserves) what they are
required to hold are being kept.
2.
Their income rises as the public has the
penchant to hold more cash as their income.