Suppose that the citizens of country G choose to hold a total of 400,000 guilders in the form of currency and to deposit the rest of their money, 600,000, guilders in banks. Banks keep reserves equal to 10% of deposits. What is the money supply in country G?+
Answers
In a country, the citizens choose to hold a total of 400,000 guilders in the form of currency and to deposit the rest of their money, 600,000, guilders in banks.
The banks keep reserves equal to 10% of deposits. The money supply in the country G is $1,000,000.The formula to calculate the money supply in an economy is given as:
Money supply (M)= Currency (C) + Deposits (D)In the given scenario, the currency (C) is 400,000 guilders.
The deposits (D) is equal to the total money minus the currency:
Total money= Currency + Deposits= 400,000 + 600,000= 1,000,000So, the deposits= 1,000,000 - 400,000= 600,000
The banks keep reserves equal to 10% of deposits. Reserve Ratio (RR) = Reserve/ Deposits= 10/100 = 0.1Reserves (R) = RR * Deposits= 0.1 * 600,000= 60,000The money supply in the country G= Currency + Deposits= C + D= 400,000 + 600,000= $1,000,000
Hence, the money supply in country G is $1,000,000.
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Related Questions
...hype me up ayeeee
Answers
Answer:
Fact: Some fungi create zombies, then control their minds
Explanation:
The tropical fungus Ophiocordyceps infects ants’ central nervous systems. By the time the fungi been in the insect bodies for nine days, they have complete control over the host’s movements. They force the ants to climb trees, then convulse and fall into the cool, moist soil below, where fungi thrive. Once there, the fungus waits until exactly solar noon to force the ant to bite a leaf and kill it.
Answer:
yes
Explanation:
financial accounting primarily deals with the methods accountants use to provide information to an organization’s internal users. T/F
Answers
False, the ways accountants employ to deliver information to an organization's internal users are the focus of financial accounting.
A specialist who manages bookkeeping and organizes the financial records you require to run your company, including balance sheets, profit and loss statements, and more, is an accountant. They simplify all the financial jargon associated with running a business, create tax reports, and audit your books. Corporate accountants are employed by businesses and manage and file financial data for the purpose of tax compliance and external reporting. Public accountants serve external customers who may be citizens, companies, nonprofit organizations, or governmental entities. There are no immediate plans to eliminate the accounting profession. Almost every business requires an accountant or the assistance of a third-party accounting firm, and even the average person occasionally has to hire an accountant for various reasons.
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Assume you spend all of your income on two goods: peanuts and corn chips. Also, assume that you are consuming the combination of peanuts and corn chips that maximizes your utility. Which of the following statements is true?
a. If the price of peanuts is equal to the price of corn chips, then the marginal utilities must also be equal.
b. If the price of peanuts is more than the price of corn chips, then the marginal utility of peanuts is less than the marginal utility of corn chips.
c. If the price of peanuts is less than the price of corn chips, then the marginal utility of peanuts is more than the marginal utility of corn chips.
d. The marginal utilities of the two goods and their prices are not related.
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Answer:
The correct answer is option (a): If the price of peanuts is equal to the price of corn chips, then the marginal utilities must also be equal.
When a consumer is maximizing utility, the marginal utility per dollar spent on each good must be equal. This is because the consumer will allocate their spending in such a way as to maximize their overall utility. If the marginal utility per dollar spent on one good is greater than on the other, the consumer can increase their overall utility by shifting their spending towards the good with the higher marginal utility per dollar.
In the case where a consumer is spending all their income on two goods, the marginal utility per dollar spent on each good is equal to the ratio of the marginal utility of the good to its price. So, if the price of peanuts is equal to the price of corn chips, then the marginal utilities must also be equal.
Option (b) is incorrect because the marginal utility of a good is not directly related to its price. It is possible that the marginal utility of peanuts is greater than the marginal utility of corn chips, even if the price of peanuts is higher.
Option (c) is also incorrect for the same reason. It is possible that the marginal utility of peanuts is less than the marginal utility of corn chips, even if the price of peanuts is lower.
Option (d) is incorrect because, as explained above, the marginal utilities of the two goods and their prices are related through the concept of marginal utility per dollar spent.
a team whose members are geographically dispersed but are linked through information technologies to work interdependently toward common goals is known as a(n) team.
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A team whose members are geographically dispersed but are linked through information technologies to work interdependently toward common goals is known as a virtual team.
A virtual team is also referred to as distributed team or geographically dispersed team, or remote team. It refers to a group of personnel or individuals who work together from varying or different geographic locations and rely/linked by information and communication technologies.
However, two types of virtual team had been described, which are Global Virtual Team and Local Virtual Team.
Global Virtual Team are located in different countries/cities all over the world. This team may comprise employees of different companies, joining their efforts and resources, towards a shared project and achieving a common goal. Whereas, members of Local Virtual Team usually belong to the same company, which is either big or small, having adequate resources to establish and maintain virtual team workplaces.
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Consumer products are classified based on the attributes used in making the purchase decision, the effort spent by the consumer, and the.
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Consumer Products are categorised based on the criteria used to make the decision to buy, the consumer's effort, and the frequency of purchases.
What are Consumer Products?
Products that are purchased by people or households for personal use are referred to as consumer products or final goods. Customer products are therefore things that the typical consumer purchases for personal consumption. There are four major categories of consumer items, each with its own marketing considerations. Consumer goods are items purchased by the typical consumer for personal use. Consumer products are the end product of production and manufacturing and are often referred to as final goods. Examples of common consumer goods are clothing, food items, and dishwashers.The Consumer Product Safety Act of 1972 established U.S. law and controls the sale of most common consumer items.To know more about Consumer Products visit:
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Please help me asap!!!
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Answer:
Finder's fee. good luck dude
Which of these is NOT a major import of the United States:
power-generating machinery
vehicles
airplane parts
clothing
Answers
Answer:
power generating machinery
consider service processes. they usually have a) output that can be inventoried.b) physical, durable output.c) shorter response times.d) low levels of customer contact.
Answers
In the context of service processes, the statement "they usually have" suggests that we are discussing general characteristics or trends rather than absolute rules. Option B is the correct answer.
Output that can be inventoried: Service processes typically do not have inventoryable outputs. Unlike manufacturing processes that produce physical goods, services are intangible and typically consumed at the same time they are produced. For example, a haircut, a consultation, or a software installation are services that cannot be stored or inventoried.
Physical, durable output: Service processes generally do not produce physical, durable outputs. Services are often based on interactions, experiences, or knowledge transfer between the service provider and the customer. The output of a service process is often intangible and non-physical, such as advice, expertise, or assistance. Option B is the correct answer.
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Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for few months until his credit
history improves. Which explains whether Fido is making a sensible decision?
O Fido's decision is sensible because the selling price of the car should be less in a few months.
• Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
O Fido's decision is not sensible because he needs the car right away.
• Fido's decision is not sensible because it does not matter if he buys the car now or in a few months.
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Fido's decision is sensible because the cost of the of car loan should be less if his credit history improves.
What should you do if this is your first time financing a car?Calculate the payment you can afford.
Learn what factors affect loan acceptance.
Pre-approve for a loan and compare rates.
Do some research before purchasing an automobile.
Get ready for the dealer.
What kind of credit has easy access?Very short-term loans with typically very high interest rates are referred to as easy access credit. It's a polite way of stating title loans, payday loans, or transactions at pawn shops.
What contributes to the development of a bad credit history?Pay less than the bare minimum.
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State the various purposes that an environmental impact statement must serve.
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Answer:
An environmental impact statement, under United States environmental law, is a document required by the 1969 National Environmental Policy Act to protect the environment.
Therefore, the main purpose of an environmental impact statement is to make sure that the policies in the Act is implemented.
It also lists out the various endangered species in the area on either private or government territories and how best to preserve them from extinction.
You are a vendor representative with a new line of fashion watches showing it to a new buyer. The costume jewelry buyer says she would like to buy the line but has too many lines of fashion watches in her assortment already that are not selling. She continues to complain that her worst-selling brand of watches will not help her out with any markdown allowances or take any of the merchandise back. She states that she is no longer buying any more merchandise from this line and will have to wait until it sells before she can bring in a new line of watches. What might you suggest or negotiate?
Answers
Answer:
Doing a buyback
Explanation:
Answer:
Since She states that she will no longer buy any more merchandise from this line and she will have to wait until it sells before she can bring in a new line of watches what i would or might you suggest or negotiate is for her to do a BUYBACK.
Therefore BUYBACK can be seen as something or item that have been repurchased due to some unresolved issues that has been reported by the initial owner but has since been resolved and it can as well mean an agreement to buy something in return.
Lastly BUYBACK can tend to be a sale whereby something that is been sold is repurchased from the buyer by either the seller or the initial owner.
True/False. because managers make major decisions, they have limited opportunity to influence the ethical tone of the firm.
Answers
False. Although managers make major decisions, they still have ample opportunity to influence the ethical tone of the firm through their decision-making and leadership. By setting an example and promoting ethical behavior, managers can create a positive ethical environment within the organization.
False. Managers who make major decisions have a significant influence on the ethical tone of the firm. Decision-making and leadership play a crucial role in setting the ethical standards and values of the organization. While there may be some limitations to their influence, managers still have the opportunity to shape the ethical culture of the company through their actions and decisions.
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What is the difference between an excise tax and a percentage tax?
Answers
The local government determines the amount of tax to be charged, and there is a sales tax in place in 45 US States. Contrarily, an excise tax is a flat fee that is added to the cost of certain goods, some by states and some by the federal government.
What is the major difference between excise tax and value added tax?A percentage-based ad valorem tax is levied. This leads to the creation of an excise tax depending on the cost of the good or service. The Internal Revenue Service (IRS), for instance, charges an excise tax of 10% on indoor tanning services.
Sales tax is charged on the sale of products, whereas excise duty is charged on the manufacture of goods. While the manufacturer is responsible for paying the excise tax, the end user is responsible for paying the sales tax.
A business tax known as percentage tax is levied against individuals or organizations who engage in the sale or rental of commodities, real estate, or services in the course of their trade or company and whose gross annual sales or revenues do not exceed P550.000.
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An employee receives an hourly rate of $22.00, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the first week of the calendar year are as follows: hours worked, 45.00 federal income tax withheld, $146.00; Social security tax rate, 6% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings; state unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, .8% on the first $7,000. What is the net amount to be paid the employee
Answers
Answer: $820.63
Explanation:
First find the gross pay of the employee.
Hourly rate of $22. Hours worked = 45 hours. Overtime rates apply for anything over 40 hours so overtime hours are 5 hours.
Normal pay = 22 * 40 = $880
Overtime = 22 * 5 hours overtime * 1.5 time normal pay = $165
Total:
= 880 + 165
= $1,045
Net pay to employee:
= Gross pay - Federal income tax - Social security tax - Medicare tax
= 1,045 - 146 - (6% * 1,045) - (1.5% * 1,045)
= $820.63
financial instruments can transfer multiple choice neither resources nor risk between people. resources between people but not risk. both resources and risk between people. risk but not resources between people.
Answers
Financial instruments can transfer both resources and risk between people. Thus, the third option is the correct answer.
What is a financial instrument?A financial instrument is a contract that obliges one party to transfer money or shares in a company to another party in the future in exchange for something of value. The parties can be corporations, partnerships, government agencies, or individuals.
Financial instruments are assets that can be traded, or they can also be seen as packages of capital that may be traded. Most types of financial instruments provide efficient flow and transfer of capital all throughout the world’s investors.
Therefore, both resources and risk is transferred by the financial instruments.
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The most likely result of decreasing government regulations is
Increased average safety for consumers
This competition and higher prices
The creation of larger companies in US cities
A decrease in price due to competition
Answers
The most likely result of decreasing government regulations is A decrease in price due to competition
The most likely result of decreasing government regulationsThe most likely result of decreasing government regulations is an increase in competition and potentially lower prices for consumers. When regulations are decreased, companies may face fewer restrictions on their operations and have more flexibility to innovate and compete with each other.
This can lead to lower prices for consumers as companies try to attract customers through lower prices and better products or services. However, it is also possible that decreased regulation could lead to a decrease in safety or quality standards, as companies may prioritize profits over consumer safety or environmental concerns. Overall, the effects of decreased government regulations can vary depending on the specific industry and the nature of the regulations being lifted.
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The law of demand states that the relationship between price and the quantity demanded is.
Answers
According to the Law of Demand, "there is an INVERSE relationship between price and quantity demanded".
The claim is completely false because "price and quantity demanded are related" is NOT how the law of demand works.
Demand is the amount that households pay for the goods and services that businesses produce. Demand is only referred to as such by economists if it is supported by the ability to pay for a good or service.
While changes in all other factors will also cause parallel shifts in the demand curve, changes in price will cause the demand curve to move along with them.
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when the government hires people/construction companies to clean up after a hurricane or tornado, this: does not add to gdp since devastation has occurred. adds to gdp.
Answers
The cleanup of a hurricane or tornado does not add to the Gross Domestic Product (GDP) since the devastation has already occurred. The money spent by the government to hire people or construction companies for cleanup is not counted as part of the GDP.
The government hiring people/construction companies to clean up after a hurricane or tornado does not add to the Gross Domestic Product (GDP). The GDP is a measure of the total market value of all final goods and services produced in a given period of time, which is why the destruction of a hurricane or tornado does not increase the GDP. Instead, the government spending to rebuild after the hurricane or tornado does. This is because the rebuilding of infrastructure, homes, and businesses produces new goods and services, which adds to the GDP.
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The Connection has an equity multiplier of 1.13, a total asset turnover of.56, and a net profit margin of 18.8 percent. What is the return on assets? O 11.90% O 10.53% O 9.20% O 2.40% O 11.67%
Answers
11.90% is return assets. Other methods of calculating ROE include DuPont analysis. There are two of them, one of which decomposes ROE in three steps and the other in five:
ROE = Net Profit Margin x Asset Turnover x Equity Multiplier)
ROE = (Earnings before tax/Sales) x (Sales/Assets) x (Assets/Equity) x (1 - Tax Rate)
Investors can utilise return on equity (ROE), a key financial indicator, to assess management's effectiveness in utilising equity financing from shareholders. It evaluates the firm's equity in relation to net income. The greater the number, the better, but it's crucial to compare like businesses, i.e., those who are engaged in the same industry, as every sector has unique traits that will affect businesses' revenues and methods of financing.
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When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?
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Atticus says they're pοοr grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.
Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.
”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was frenetic at Walter, he tοld her tο put herself in his shοes. That yοu nοway really knοw a persοn unless yοu see the wοrld in their pοint οf view.
The Finches are analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.
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The Office of U.S. Trustee is responsible for all but which of the following functions?a. Administering bankruptcy cases b. Officiating in court on matters of interest to the debtor's estate and creditors c. Overseeing and monitoring trustees d. Reviewing employees and fee applications e. The Office of U.S. Trustee is responsible for all of the above functions
Answers
e. The Office of U.S. Trustee is responsible for all the mentioned functions, which include administering bankruptcy cases, officiating in court, overseeing and monitoring trustees, and reviewing employees and fee applications.
The Office of U.S. Trustee is responsible for all of the mentioned functions. They administer bankruptcy cases, officiate in court on matters relevant to the debtor's estate and creditors, oversee and monitor trustees, and review employees and fee applications. Administering bankruptcy cases involves ensuring compliance with bankruptcy laws and procedures. Officiating in court allows the office to represent the interests of the debtor's estate and creditors during legal proceedings. Overseeing and monitoring trustees ensures their adherence to ethical and professional standards. Reviewing employees and fee applications helps maintain transparency and fairness in bankruptcy proceedings. Overall, the Office of U.S. Trustee plays a vital role in the bankruptcy process.
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Help please!
Choose $10,000 in investments for the long-term using stocks, bonds and/or mutual funds—choosing what makes a good “team”!
Explain why you selected your portfolio and why your selections make a good “team”.
Describe your reasons these will make good long-term investments.
Answers
Stocks provide high returns, bonds provide secure returns, while mutual funds provide average returns.
Which long-term investment option—stocks vs. mutual funds—is preferable?Stocks or mutual funds will be a superior investment for your portfolio depending on your unique objectives and level of risk tolerance. Because of the importance of diversification and decreased risk, utilizing mutual funds for a long-term retirement portfolio can make sense for many individuals.
Because it exposes investors to a variety of stocks, a mutual fund provides diversity. A mutual fund is recommended over owning individual stocks since individual stocks carry higher risk than do mutual funds. The term for this type of risk is unsystematic risk.
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Which technology are retailers using to identify shoppers as they enter a store to allow store staff to customize the shopper’s buying experience?
Answers
Facial recognition technology are retailers using to identify shoppers as they enter a store to allow store staff to customize the shopper’s buying experience.
Who is said to be retailers?
Typically, retailers would purchase products from a producer, wholesaler, or other distributor and resale them to the general public. Small, family-run pharmacies or your neighborhood grocery shop can buy from the same outlets or from smaller suppliers, unlike large merchants like Walmart and Target which buy products in bulk from producers or wholesalers.
In either case, the merchant charges the customer a markup (the distinction between the product's purchase price and resale price) for such things. Retailers achieve profitability in this way.
Retailers must be set up to sell to customers directly in some way. Making decisions regarding physical and digital venues as well as how to sell things and engage with customers are all part of this.
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What is a description of the prime rate?
Answers
Answer: Prime rate is the interest rate that banks charge their preferred customers, or those with the highest credit ratings.
Which of the following statements is true of a job search? Multiple Choice a. Only few recruiters use or plan to use social media in recruiting talent. b. All companies have developed policies about the use of social media for job posting. c. Social professional networks contribute the most to job search, especially among the young generations. d. Few people land jobs through personal contacts.
Answers
Social professional networks play a significant role in job search, particularly among young generations, contrary to the other statements provided.Option C.
The statement that only a few recruiters use or plan to use social media in recruiting talent is false. In reality, social media platforms have become increasingly prevalent in the recruitment process, with many recruiters utilizing platforms like LinkedIn,to search for and connect with potential candidates.
The statement that all companies have developed policies about the use of social media for job posting is also false. While many companies have recognized the importance of utilizing social media for job postings, not all companies have developed specific policies regarding its use. The adoption and implementation of social media policies vary across organizations.
The statement that few people land jobs through personal contacts is false as well. Personal contacts and networking remain a significant and effective avenue for job search and employment opportunities. Many jobs are obtained through referrals, recommendations, and connections within professional networks.
The true statement, therefore, is Social professional networks contribute the most to job search, especially among the young generations.
Social professional networks, such as LinkedIn, have become powerful tools for job seekers, enabling them to connect with potential employers, showcase their skills and experience, and explore job opportunities within their respective industries. SO OptioN C is correct.
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please answer asap thanks
Answers
Note that two possible financial goals for which you may require $12,000. are:
1. Saving for a down payment on a car - Need
The average cost of a new car is around $37,000, and the average down payment is around 20%, so $12,000 would be enough for a down payment on a new car.
2. Saving for a vacation - Want
$12,000 can cover the cost of a nice vacation for two people. However, depending on the location and type of vacation you decide to take, you may need to save more money.
What is a financial goal?A financial objective is something to strive towards while managing your money. It may entail saving, investing, earning, or investing. A list of financial goals is essential for constructing a budget. Working towards your goal is simple when you have a clear vision of what you want.
Financial goals are classified into two types: short-term goals and long-term goals. Each of these goals has a distinct time span, and your plan should account for them.
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identifying an example of the factor of production labour used in producing the Nano
Answers
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
Video game designers can do visual design or programming.
A.
True
B.
False
Answers
Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
Answers
THIS IS FOR ECONOMICS (please help)
Gas prices have risen over a dollar the last 3 months. Apply the concept of supply and demand and explain what would happen to the supply of gas and the demand for gas as a result of this increase
Answers
Answer:
REATAE THIS PLS
Explanation: