Answer:
The correct answer is B) vault cash plus deposits with Federal Reserve banks minus required reserves.
Explanation:
Excess reserves refer to capital reserves held by a financial institution or institution in addition to what is required or regulated by regulatory entities or other internal controls in the countries. This practice allows them to handle external situations that affect the market, or allocate it to other items to generate profitability.
Answer:
C. Isoquants will become much flatter.
Explanation:
An isoquant which from Latin maeans "equal quantity"can be regarded as counterpart of the consumer's indifference curve of a company, it is curve which shows some kind of consistent amount of output. It can be known with it's negative slope. With isoquant all the inputs that gives rise to the same level of output can be known
Therefore, in a case whereby robots become increasingly good at doing manual and mental labor then a typical isoquant will become much flatter.
Answer:
$48,000
Explanation:
The computation of ending inventory using average method is shown below
Total units = 200 + 400 + 100 = 700
Total cost = (200 × $140) + (400 × $160) + (100 × $200)
= $28,000 + $64,000 + $20,000
= $112,000
Average cost per unit = $112,000/700 = $160
Ending inventory = Total units - units sold
= 700 - 400
= 300
Therefore, cost of ending inventory = Ending inventory × Average cost per unit
= 300 units × $160
= $48,000
The answer to this question is: Service economy
In service economy, the product that provided by the companies tend not to have a physical form. Because in most cases the product took in a form of action. Examples of service companies are: Massage, psychologist, cleaning service, consultation, etc.
