Answer:
The correct answer is $2,500.
Explanation:
According to the scenario, the computation of the given data are as follows:
Deposits = $200
Reserve requirement ratio = 8%
So, we can calculate the Increase in money supply by suing following formula:
Increase in money supply = Deposit ÷ Reserve requirement ratio
By putting the value, we get
= $200 ÷ 0.08
= $2,500.
Answer:
The correct answer is the first option: True.
Explanation:
On one hand, the ASEAN and the<em> NAFTA</em> are both agreements between countries that <em>tend to facilitate and improve the commerce and the economic conditions and situations</em> of their proper countries. Moreover, their main purpose is to <em>established a better economic trade</em> and agreement between the parties involve in both cases.
On the other hand, the European Union is also an <em>economic union</em> but with the main and more importance difference that it is a<em> political union</em> as well. Furthermore, that agreement is regulated by a <em>common system of laws </em>in the countries in order to <em>established an internal single market</em> and <em>ensure the free movement of people, goods, services and capital</em> within that internal market. Therefore that <u><em>the EU is a construct very similar to the others but with the difference of being a political union also</em></u>.
I think it would be A.
"<span>a. is higher than the official unemployment rate, but the difference between the two grows smaller in recessions."</span>
Answer: a statute
Explanation:
Minnesota legislature passed a law requiring that employers allow each employee adequate time within each four consecutive hours of work to utilize the nearest convenient restroom. This law is a statute.
A statute is simply a written law that has been passed by a legislative body. It is a specific statement that the legislative body has approved and also endorsed by an executive body.
Answer:
B. $740
Explanation:
In the given scenario we will be analysing the cost of production versus the revenue earned by Patrick. The difference between the two will give our profit
Total number of bottles produced a year = 10 * 12 = 120 bottles
Cost of production = Advertising + manufacturing cost
Cost of production = 100 + (120 * 5) = $700
Revenue = 120 * 12 = $1,440
Profit = 1,440 - 700 = $740