Answer:
B. False
Explanation:
The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).
The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio. The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio. With this multiplier factor, banks can increase the currency in circulation. This is why central banks use the reserve ratio to monitor the supply of money in their economies.
Answer:
5575
Explanation:
The computation is shown below;
<u>Factor Elasticity Increase Effective Increase
</u>
A B A × B
Capital 0.3 10% 3.00%
Labor 0.7 5% 3.50%
Increase due to Productivity 5.00%
Total Increase in Output 11.50%
(3% + 3.5% + 5%)
Original Output 5000
Increase in Output (5000 × 11.5%) 575
Increase Output (5000 + 575) 5575
<span>If a sells to b, and b obtains title while goods are in transit, the goods were shipped FOB SHIPPING POINT.
If c sells to d, and c maintains title until the goods arrive at d's door then the goods were shipped FOB DESTINATION.
FOB stands for Free on Board. The recording of the sale will be dependent on whether it is FOB shipping point or FOB destination. In FOB shipping point, the buyer becomes the owner of the item when it is shipped. In FOB destination, the buyer becomes the owner of the items when it is received. </span>
Answer:
Option D The Clayton Act.
Explanation:
This legislation says that the unethical business practices are forbidden. This means if the Nitro dealer is asking for $500 extra for no reason then he is following an unethical business practice. So the Nitro Dealer is violating Clayton Antitrust act by fixing a price and then enforcing Sandra for purchase. So the violation is of provision of Clayton Act which prohibits price fixing.
