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3 years ago

The money supply fell during the Great Depression because __________

Business

1 answer:

bekas [8.4K]3 years ago

4 0

Answer: the public held more currency, and the banks held more excess reserves

Explanation:

The Great Depression, was an economic downturn which brought about the reduction in output, mass unemployment, reduction in investment, banking panics etc.

Some of the factors that led to the Great Depression were the crash in stock market, banking panics which led to reduction in loanable funds. The money supply reduced because the public held more currency, and the banks held more excess reserves.

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These are financial protections that were created to ensure that certain types of facilities (that is, cancer hospitals and chil

Hunter-Best [27]

Answer:

Hold harmless.

Explanation:

It defines hold harmless as follows: To absolve (another party) from any responsibility for damage or other liability arising from the transaction.

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3 years ago

The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to

svetlana [45]

Answer: Dysfunctional conflict

Explanation:

This is a team conflicts that have negative consequences on the firm.

The conflict is not multicultural because their cultures doe have an impact on the conflict results, it's equally not functional because it's not bringing in a positive results, Both gender and intergroup do not also have an effect on the conflict.

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3 years ago

Tercer reports the following for one of its products. Direct materials standard (4 lbs. $2 per lb.) Actual direct materials used

Natalka [10]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct materials standard (4 lbs. $2 per lb.)= $8 per finished unit

Actual direct materials used (AQ)= 300,000

Actual finished units produced= 60,000

Actual cost of direct materials used= $535,000

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2 - 1.783)*300,000

Direct material price variance= $65,100 favorable

Actual price= 535,000 / 300,000= $1.783

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (4*60,000 - 300,000)*2

Direct material quantity variance= $120,000 unfavorable

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3 years ago

Joseph will start school on 9/1/14. He is expected to attend school for four years and will need to pay tuition of $50,000 on Se

My name is Ann [436]

Answer:

e. $153,156

Explanation:

From 9/1/14, he needs $50,000 every year for 4 years to fund the tuition fees. Therefore, present value of the amount needed at 9/1/14 using the Present value of annuity due formula

= 50,000 * {1+ (1/(1.05)^4) } / 0.05 * (1.05)

= $186,162

$186,162 is the amount needed after 4 years. Amount you need to invest today to have this amount in four years = $186,162/(1.05)^4 = $186,162/1.21550625 = $153,156.40

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3 years ago

When a firm adopts new technology, it is customary for firms':

Anna35 [415]

I believe the answer is:

a. cost curves to shift upward

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3 years ago

Read 2 more answers