Suppose we have an economy in which banks wish to hold no excess reserves, the required reserve ratio is .1, there is only one kind of deposit, and there is no cash drain. (a) The central bank needs to increase M1 by $100 billion. Explain how it can do this. (b) Suppose in addition to required reserves, the banks which like now to hold a very large amount of excess reserves as a ratio of deposits (say 25 to one). How will this affect your answer

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)