Answer:
D)5,000; 7,000
Explanation:
Public is holding 2000 econs and banks reserves are 300 econs. It is mentioned that reserve requirement is 10%.
So total bank deposits must be 3000. Money supply in the economy is (3000 + 2000 = 5000)
When the reserve ratio is 0.1, that means the money multiplier is 10.
If there is an additional inflow of currency because of printing 200 econs by central bank then because of multiplier effect it will be 2000 econs.
Money supply from earlier 5000 econs will become 7000 econs.
Option D is correct.
The group or organization matchup is given below;
- Non-state actor - terrorist.
- International Organization -World Trade Organization, United Nations.
- Nation-state - Canada.
<h3>What is a Nation state?</h3>
The term nation-state is known to be a any country that is territorially held together as a sovereign state.
Note that in this kind of country, it is one that is governed in the name of a community of its own people who identify or see themselves as a nation.
See full question below
Match the group or organization on the left with its correct category on the right.
non-state actor:
terrorist
International Organization:
World Trade Organization,
United Nations
nation-state: Canada
Learn more about Nation-state from
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If the quantity supplied by producers is relatively insensitive to price changes, supply is price inelastic.
Inelastic demand is demand for which the change in quantity demanded is small due to changes in price. Demand is elastic if the formula yields an absolute value greater than 1. In other words, quantity changes faster than price. If the value is less than 1, demand is inelastic.
For example, consumers are less price relatively insensitive if the product or service is unique or has few alternatives. Consumers are less price sensitive when total costs are low relative to total revenues. The total effort compared to the total cost of the final product also influences price sensitivity.
Learn more about price inelastic at
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<em>Your question is incomplete. please read below to find the full content.</em>
If the quantity supplied by producers is relatively insensitive to price changes, supply is ______. Multiple choice question.
price inelastic.
quantity demanded.
relative price increase.
change in price.
You can ask a person who works for the company of your plane ticket and ask if it's expired.
Repay loans so that the bank can get it reserves back up to the required level