Business, 16.07.2019 03:10 05leslun42715
The government of eastlandia uses measures of monetary aggregates similar to those used by the united states, and the central bank of eastlandia imposes a required reserve ratio of 10%. given the following information, answer the questions below. bank deposits at the central bank = $200 million currency held by public = $150 million currency in bank vaults = $100 million checkable bank deposits = $500 million traveler’s checks = $10 million a. what is m1? b. what is the monetary base? c. are the commercial banks holding excess reserves? d. can the commercial banks increase checkable bank deposits? if yes, by how much can checkable bank deposits increase?
Answers: 2
Business, 22.06.2019 14:30
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
Business, 22.06.2019 20:30
(30 total points) suppose a firm’s production function is given by q = l1/2*k1/2. the marginal product of labor and the marginal product of capital are given by: mpl = 1/ 2 1/ 2 2l k , and mpk = 1/ 2 1/ 2 2k l . a) (12 points) if the price of labor is w = 48, and the price of capital is r = 12, how much labor and capital should the firm hire in order to minimize the cost of production if the firm wants to produce output q = 18?
Answers: 1
Business, 23.06.2019 01:30
How is systematic decision making related to being financially responsible
Answers: 1
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