Suppose the money supply (as measured by checkable deposits) is currently $400 billion. the required reserve ratio is 25%. banks hold $100 billion in reserves, so there are no excess reserves. the federal reserve ("the fed") wants to increase the money supply by $18 billion, to $418 billion. it could do this through open-market operations or by changing the required reserve ratio. assume for this question that you can use the oversimplified money multiplier formula.
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Business, 21.06.2019 20:40
Ail industries uses activity-based costing to assist management in setting prices for the company's three major product lines. the following information is available: activity cost pool estimated overhead expected use of cost driver per activity cutting $1,000,000 25,000 labor hours stitching 8,000,000 320,000 machine hours inspections 2,800,000 160,000 labor hours packing 960,000 64,000 finished goods units compute the activity-based overhead rates. (round answers to 2 decimal places, e.g. 12.25.)
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Business, 22.06.2019 09:30
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
Business, 22.06.2019 22:50
Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
Answers: 3
Business, 23.06.2019 11:00
What is considered to be a significant disadvantage of owning
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Suppose the money supply (as measured by checkable deposits) is currently $400 billion. the required...
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