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1 year ago

Suppose the following statistics are available for the economy: CU = $60 billion RES = $100 billion DEP = $1000 billion

Business

1 answer:

sineoko [7]1 year ago

5 0

Answer:

a. 6.625.

b. C = 80 billion, DES = 800 billion and RES = 80 billion.

Explanation:

a) Monetary base = CU + RES = 160 billion. Money supply = CU + DES = 1060 billion. R-D ratio = 100/1000 = 0.10, C-D ratio = 60/1000 = 0.06, money multiplier = (1 + C-D)/(C-D + R-D) = (1 + 0.06)/(0.10 + 0.06) = 6.625.

b) Money multiplier = (1 + 0.10)/(0.10 + 0.10) = 5.5, money supply = monetary base x multiplier or money supply = 160 x 5.5 = 880 billion. CU + DES = 880 billion and C-D = 0.10. Hence C = 80 billion, DES = 800 billion and RES = 80 billion.

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Ariana loves new electronic products, but she also wants to make sure she gets a good value for her money. Therefore, she typica

qwelly [4]

Answer:

This question lacks answers. Here they are:

A) Early adopter

B) Early majority

C) Innovator

D) Late majority

E) Laggard

Answer is B) Early majority

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the innovator being the group that is adopting the product immediately after launch, while the laggard is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between early adopters and the early majority. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0

2 years ago

Which two investment options would be best if you are 45 years old, just starting to save, and want to retire when you are 65? C

Lelu [443]

Answer:

As you are starting at 45 years until 65 years, meaning you got only 20 years. So, the best investment options I recommend are,

Certificate of Deposit
Bonds
Mutual Funds

Explanation:

First of all, in terms of investing, 20 year time span is NOT that beneficial or wise! Because as you know, to gain the true effect of compounding, it is always better to start early and go on for about 30 or 40 years, even 50! Google about "Warren Buffet"!

However, in this case, the 3 options mentioned above are much better. But I'm not saying others are bad.

Certificate of deposits, Bonds and Mutual funds are relatively less riskier and does not fluctuate much with the market.

Moreover, the interest yields are preferably higher.

Given that the interest rate remains relatively at a higher lever, these 3 options will pay of a decent contribution through compounding over the course of 20 years.

8 0

1 year ago

New zealand's economy has received recent boosts from _____. natural gas trade with china foreign investors agriculture tourism

sergejj [24]

I think the correct answer from the choices listed above is the last option. New zealand's economy has received recent boosts from tourism. Hope this answers the question. Have a nice day. Feel free to ask more questions.

6 0

1 year ago

Exercise 21-15 Direct materials and direct labor variances LO P2 The following information describes production activities of Me

Molodets [167]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual direct materials used 16,000 lbs. at $4.05 per lb.

Actual units produced 30,000

Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.00 per pound.

To calculate the direct material price and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (4 - 4.05)*16,000

Direct material price variance= $800 unfavorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 30,000*0.5= 15,000

Direct material quantity variance= (15,000 - 16,000)*4

Direct material quantity variance= $4,000 unfavorable

6 0

2 years ago

Read 2 more answers

Micro Miller Company’s budgeted sales for April were estimated at $700,000, sales commissions at 4% of sales, and the sales mana

kaheart [24]

Answer:

$119,500

Explanation:

Solution:

Recall that

The budgeted sales for Micro Miller company = $700,000,

Sales commissions of = 4%

The salary of sales manager = $80,000.

Now,

Since Budgeted Sales is $700,000

Then

sales commissions is calculated as follows:

Sales Commission=0.04*700000(A)= 28000

Thus,

Sales Manager's Salary(B) = $80,000

Hence,

The shipping expenses = 0.01*700000 = $7000

Miscellaneous selling expenses becomes

Fixed = 1000

Variable =3500 700000 * 0. 5 = 119500

7 0

2 years ago