Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth.
Economics focuses on the behaviour and interactions of economic agents<span> and how </span>economies<span> work</span>
Answer:
set above the equilibruim price
Answer:
C. by an amount greater than the decrease in reserves.
Explanation:
Due to the deposit multiplier which is determined by the required ratio reserve, the amount of checkable deposits decrease much more than the amount of decrease in the reserves.
It works as detailed:
Deposit Multiplier ∆D = (1/rr) × ∆R where the variation of "D" is determined by the "rr" (Ratio Reseserve) times "R" (Changes in Reserves.)
If the "rr" it's keep at the same level then a change in the "R" (Reserves) will have an impact in the "D" (Deposit) multiplied by the "1/rr".
Answer:
Job Rotation
Explanation:
Based on the information provided within the question it seems that the technique that Matt is using is called Job Rotation. This business technique refers to the act of employees rotating between job roles within the same company and taking all the responsibilities that are associated with that new role. Which is exactly what is happening in this scenario since Chet is switching to the ownership position within the business until Matt gets back, then they would rotate back.
Answer:
Percentage increase= 38%
Explanation:
Giving the following information:
Sales:
2022= $880,440
2021= $638,000
<u>To calculate the percentage increase in sales, we need to use the following formula:</u>
Percentage increase= [(2022/2021) - 1]*100
Percentage increase= [(880,440/638,000) - 1]*100
Percentage increase= 38%
