Rocks are lighter because you said "100 pounds OR rocks". so 100 pounds and 100 pounds of feathers are tied for heaviest
Answer: $618,000
Explanation:
From the question, we are informed that the Fed makes an open market operation purchase of $200,000 and that the currency drain ratio is 33.33 percent and the desired reserve ratio is 10 percent.
We first have to calculate the money multiplier which will be:
= (1 + the currency drain ratio)/( the currency drain ratio + the reserve ratio)
= (1 + 33.33%)/(33.33% + 10%)
= ( 1 + 0.33)/(0.33 + 0.1)
= 1.33/0.43
= 3.09
The quantity of money increase will be:
= 3.09 × $200,000
= $618,000
Answer:
A. the lower of cost or market
Explanation:
- Regardless of the inventory cost the flow assumption that that is used to show the invention of the balance sheets is stated in the lower order of the cost to the market and that the cost on an inventory item changes form the time it's acquired or sold.
Answer: Option (B) is correct.
Explanation:
Correct Option: Value of marginal product curve.
In a case of competitive and profit maximizing firm, the firm demand for labor up to the point where the wages( price of labor) is equal to the value of marginal product of labor. Beyond this point, firm will incurred a loss because the price at which labor is hired is greater than the value of product produce by him.
The value of marginal product of labor is equal to the marginal productivity of labor times the price of the product.