The two days on which the bookstore sells about 600 books are Monday(617) and Wednesday(563).
As of Monday, the sales of the bookstore were only 617, on Tuesday it was 498 and on Wednesday it was 563. As we arrange the data in ascending order as 498<563<617. We come to the conclusion that around 600 there are only two data which are 563 and 617. So, on Monday and Wednesday, the bookstore sells about 600 books.
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Payment protection insurance (PPI) is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill or disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
<u>Explanation</u>:
In the first scenario, because of being the only student in the class my efforts to produce good grades will be low and inefficient since I believe there is no one competing with me for good grades.
However, in the second scenario of a class of 40 students, there will be great competition to be that 1 student to get a good grade as mentioned by the teacher. Changes will be seen in my efforts at study and paying attention in class, as well as asking questions about the subject in order to get a good grade.
Answer: The answer is benefits of international trade
Explanation:
In the question, no specific question was asked. But I think the question is about the benefits of international trade.
International trade is a trade between one country and the other.it can also be said to be the buying and selling of goods and services across national boundaries. The following are the benefits of international trade
A higher level of material well being : international trade leads to increased standard of living among nations of the world. In the sense that, it increases output and the opportunity to acquire goods that we would otherwise have been unable to produce ourselves, it would lead to increase in national income which will in turn lead to increased in investment which will enhance the welfare of all citizens
Reducing the threat of war: international trade bring about a better understanding among nations of the world. It promotes international friendship and world peace.
Deterring monopoly : international trade helps in preventing monopoly by ensuring that goods comes from other countries of the world.
Promoting competition : international trade helps in promoting competition among nations of the world. In the sense that,countries compete for trade in order to increase their own volume of the world trade as a measure to avoid balance of payment deficit.
Gains from specialization : international trade help countries to specialize in commodities which they can best produced. It leads to increased output and employment throughout the world from which every nation can benefit.
A more efficient allocation of resources : international trade help countries to allocate their resources efficiently. In the sense that, each country will specialize in the production of those commodities in which the country has comparative cost advantage over other countries by directing their resources to those areas of comparative lower cost, world output will be increased.
Answer:
A.$600
B.$100
C. 0.1
Explanation:
Money supply equals to Currency held by the public + Bank reserves÷ Desired reserve-deposit ratio
Hence:
a. Deposits equal bank reserves ÷ by the desired reserve-deposit ratio
= $100/0.25
= $400.
Money supply = currency held by the public + deposits
= $200 + $400
= $600.
b. Let X = currency held by the public = bank reserves.
Thus money supply equals X +X÷ by the desired reserve-deposit ratio
500= X + 0.25
500 = 5X
X=$500/5
X = $100
Currency and bank reserves both equal $100.
c.If the money supply equals $1,250 and the public holds $250 in currency, then the bank deposits must equal $1,000($1,250-$250).
If bank reserves are $100, the desired reserve-deposit ratio
=100/1,000
=0.1