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Bond [772]
2 years ago
10

In the economy of Panicia, the monetary base is $1,000. People hold a third of their money in the form of currency (and thus two

-thirds as bank deposits). Banks hold a third of their deposits in reserve.
One day, fear about the banking system strikes the population, and people now want to hold a third of their money in the form of currency. If central bank does nothing, what is the new money supply?
Business
1 answer:
Margaret [11]2 years ago
5 0

Answer:

The new money supply is $1,500

Explanation:

Before we proceed to answer the question according to the scenario painted, we need to make some preliminary calculations as follows;

If the monetary base deposit is $1000 and people hold 1/3 of their money, this means that the;

Reverse deposit ratio = 1/3

Currency deposit ratio = (cash in cash)/cash in deposit = (1/3)/(2/3) = 0.5

Thus mathematically,

money supply =  (currency deposit ratio + 1)/(Reserve deposit ratio + Currency deposit ratio)  × Monetary Base

Money Supply = (1+1)/(1+1/3) *  1000 = $1,500

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Why is it important for Holmes not to be the only person interviewing job candidates?
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Rosa, a human resource professional, is redesigning several jobs at the factory where she works. She recognizes that most of the
Korvikt [17]

There are three ways in which a manager can redesign an employee's job: <u>job enrichment, job enlargement and job rotation.</u>

Explanation:

There are three ways a manager can redesign an employee's job:

  1. job enrichment,
  2. job enlargement
  3. job rotation.

Job redesign is an technique using which job responsibilities, tasks are reviewed, and are re-allocated among the employees, to improve output. Redesigning jobs can lead to improvements in both productivity and in job satisfaction. of the employees

For example: Samantha is , a customer service representative  at a large call center. She performs the same task of attending phone calls  on a daily basis .This redundancy of task will lead to the reduction in the productivity of Samantha. To increase her productivity the HR plans to redesign her job,the HR might increase or decrease the number of calls she takes each day OR THEY  might plan to give her  training so that she can be moved to a more specialized group, such as tech support or sales,  or the HR  might  change  her role, such as to a supervisory or training position.

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3 0
2 years ago
. A company is authorized to issue 750,000 shares of $5 par value common stock. Prepare journal entries to record the following
Rudiy27

Answer:

The answers are:

<u>January 10</u>

Cash                                          $816,000

Common stock                                                  $510,000

Contributed capital in excess

of par value, common stock                             $306,000

<u>January 15</u>

Equipment                                   $80,000

Common stock                                                    $50,000

Contributed capital in excess

of par value, common stock                               $30,000

<u>February 1</u>

Organizational expenses              $3,000

Common stock                                                    $25,000

Contributed capital in excess

of par value, common stock                                    $500

Explanation:

Contributed capital in excess of par value is the amount of money (or other assets) over the par value of stock (in this case $5 per common stock) that the company received form shareholders in exchange for stock.

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Crazy boy [7]

Answer:

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Explanation:

Import tariffs make foreign goods more expensive, encouraging the purchase of domestic goods. Governments also justify applying tariffs to protect national jobs, infant industries, to retaliate against a trading partner, or to protect their consumers.

On the other hand, a less common tariff is the export tariff. That is, the one that is imposed on a good or service sold abroad in your country. They are generally imposed by countries that export primary products, either to increase incomes or to create shortages in world markets and thus raise world prices.

The imposition of tariffs is known as tariff barriers. In addition, there are non-tariff barriers to promote the protection of national industries. It consists of putting technical, legal obstacles, quotas or other measures that discourage importation.

4 0
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