Answer:
$500 billion
Explanation:
Data provided in the question:
Real money balances = $2.0 trillion = $2,000,000,000,000
Monetary expansion rate = 25%
now,
The annual rate of seigniorage
= Real money balances × Monetary expansion rate
= $2,000,000,000,000 × 0.25
or in billions
= 
= $500 billion
Resource x is necessary to the production of good y. if the price of resource x rises, the supply curve for good y will shift leftward resulting in a(n) increase in the equilibrium price of y and a(n) decrease in the equilibrium quantity of y.
The answer is E. supply; leftward; increase; decrease. The supply curve is a graphical representation of cost of a good or service and the quantity supplied during that period. The curve can show many different outcomes from changes with the supply of a good or service based on the demand for it.
Answer:
Explanation:
Productivity per unput dollar=Fees charged from clients/total cost to firm
There are 3 options:
1. Using current software:
Av time=40 min
Researcher's cost=$2 a min
Total cost=40*2=80
Productivity per dollar input=Fees charged from clients/total cost to firm= 400/80=$5
2.
Using company A's software
Av time=30min
Cost of reducing av time=$3.5
Researcher's cost=$2
Total =30*2+3.5=63.50
Productivity per dollar input=400/63.5=6.3
3.
Using company B's software
Av time = 28 min
Cost of reducing av time=$3.6
Researcher's cost=$2
Total cost=28*2+3.6=59.6
Productivity per dollar input=400/59.6=$6.71
Answer - Using company B's software
Answer: $1,712
Explanation:
If the company uses FIFO it means that they sell their earlier inventory first. If there are 96 units on hand, it means that these 96 units would be the latest inventory.
That means that these 96 units comprise of:
- 86 units purchased on November 25 at $6.30 each and,
- 10 units from the November 17 purchase of 58 units at $6.05 each which means 48 units were sold from this purchase.
The units sold were therefore:
= (29 * 5.80) + (115 * 6.20) + (48 * 6.05)
= 168.20 + 713 + 290.40
= $1,171.60
= $1,712
