Answer:
$3,170.73 billion
Explanation:
Data provided in the question:
Required reserve ratio, r = 0.10
currency ratio, c = 0.30
excess reserve ratio, e = 0.01
The monetary base, MB = $1,000 billion
Formula for money multiplier, m =
on substituting the respective values, we get
m =
or
m =
or
m = 3.17073
Now,
Money supply, M = m × MB
or
M = 3.17073 × $1,000 billion
or
M = $3,170.73 billion
Answer:
Internal control is designed to ensure all of the items described in the answers.
Explanation:
Internal Control is a process for assuring of an organizations objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws and regulation.
Answer: I assume C
Explanation: Supply curve is the supplier’s willingness and ability to supply whereas demand is to do with consumers. So a change in supply affects the supplier not the consumer, so really Quantity supplied should change, not quantity demanded.
Answer: As an investment centre
Explanation:
Based on the question, we are told that Virginia owns an interior design company and hires freelance decorators to help with large jobs and that by doing this, she is able to keep costs low by only employing staff when they are needed. Virginia's company is an investment centre.
An investment center is a business unit that is within an entity that is responsible for its own assets, revenue, and expenses and its financial results will be based on these factors. An investment center focuses on how it will minimize costs.
Explanation:
Airbnb does not have a strong argument, I believe. I think you ought to regulate it if you offer a service.
Due to the large number of host on Airbnb, I understand that it is easier to say than just doing; however, they must be able to develop algorithms in order to implement unwanted information on their site. In addition, if the content that users put on the website is not owned, how is the site responsible for making money? What is responsibility?
I believe that every company is responsible for keeping its users safe and you have to be shut down unless you are unwilling.
I will not worry that unethical "entrepreneurs" may exploit the idea of sharing economy and thus give the innovative concept a poor reputation in its entirety. Perhaps I don't mind because I understand that one person takes something to destroy If I were scared of anything's wrongdoing, I would exist each day in fear. Each individual should be vigilant at the conclusion of the day when using the share economy, instead of believing in a human you just saw.