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Sonbull [250]
2 years ago
15

Suppose the Imperial Galactic Bank has received $1,000 of deposits and all banks face a required reserve ratio of 10 percent. Wh

at is the maximum amount of money supply that can be created with this deposit if the Imperial Galactic Bank holds on to $100 of excess reserves (assume it is the only bank in the money supply process that holds on to excess reserves) and no one holds on to cash?
Business
1 answer:
Bumek [7]2 years ago
4 0

Answer:

Money Multiplier= 1/ reserve ratio = 1/10% = 10

Change in Money Supply = Change in Reserves * Money Multiplier

= 1,000 * 10 = 10,000

So, option d is the correct option.

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A department store has budgeted sales of 12,800 men's coats in September. Management wants to have 6,800 coats in inventory at t
BigorU [14]

Answer:

Dollar amount of purchases is 1,228,400.

Explanation:

Total purchase of suits is equal to Inventory at the end plus sales minus inventory at the beggining.

  • Inventory at the beggining is 4,800
  • Inventory at the end (management desire) = 6,800
  • Budgeted sales = 12,800
  • Purchase of suits = 6,800 + 12,800 - 4,800 = 14,800

The explanation is if i have 4,800 units at the beggining, and i want to sell 12,800, i will need to purchase the difference (8,000 units). Plus the existence needed at the end, 8,000 + 6,800 = 14,800.

The cost per unit is $83, so the total cost is 14,800 * 83 = 1,228,400.

8 0
2 years ago
The Thematic Apperception Test (TAT) is a projective test ________. a. that is designed to be culturally relevant to minority gr
n200080 [17]

Answer:

c. in which people are presented with ambiguous images

Explanation:

The Thematic Apperception Test, also known as TAT, involves showing subjects ambiguous pictures and asking them to come up with an explanation for what is happening in the scene.

The way the test works is that subjects decipher or describe ambiguous situations based on their own past experiences and motivations in the form stories. This could either be conscious or subconscious.  Subject usually  lowers his/her guard to the examiner while describing the story. At this point, much-valuable information about the subject is being divulged.

4 0
2 years ago
Read 2 more answers
Wu Company incurred $117,000 of fixed cost and $132,600 of variable cost when 3,400 units of product were made and sold. If the
Setler79 [48]

Answer:

If the company's volume increases to 3,900 units, the total cost per unit will be $69 per unit

Explanation:

Variable cost per unit = variable cost/3,400 = $132,600/3,400 = $39

If the company's volume increases to 3,900 units:

Total Variable cost = Variable cost per unit x 3,900 = $39 x 3,900 = $152,100

Total fixed cost will not change = $117,000

Total cost = Total Variable cost + Total fixed cost = $152,100 + $117,000 = $269,100

The total cost per unit = Total cost/3,900 = $269,100/3,900 = $69 per unit.

6 0
2 years ago
Four investors bought a real estate asset together and decided to divide the profits equally. Investor A invested $200,000; inve
Charra [1.4K]

Answer:

$150,000

Explanation:

If four investors bought a real estate asset together and decided to divide the profits equally.

Investor A invested $200,000;

investor B invested $500,000;

investor C invested $800,000;

investor D invested $500,000. If the net profit for the first year was $1,000,000, investor A receives $150,000 more than if the profits were divided in proportion to how much they invested.

If the profits were divided according to investment percentage he would have gotten 200,000 / (200,000 +500,000 + 800,000+500,000) x $1m = $100,000.

However if profits are shared equally he receives $1m / 4 investors = $250,000.

Therefore $250,000 - $100,000 = $150,000

4 0
2 years ago
Using the world bank index how many us dollars would buy the same amount of rupees as 862800
Strike441 [17]

With the current exchange rate provided by the word bank, 1 US dollar would be the equivalent of 64.43 Indian Rupees or INR. By knowing this exchange rate, you can simply divide the given amount which is 862,800 Indian Rupees by 64.43 INR. After dividing the two amounts, you will probably have 13,391.28 as your answer. There are a lot of ways in the digital age to convert currencies right now. However, when you exchange your money in exchange centers,do not expect to have the same amount you just calculated since you will be paying for a few taxes and service fees.

5 0
2 years ago
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