The bank can extend its new loans up to a maximum of $145,000.
The bank's required reserve ratio is 12%. The maximum loan extension by the bank if it has $17,400 in excess reserves would be $145,000. Let's show the steps to come to this solution. Step-by-step explanation: Required Reserve Ratio: This is a ratio set by the Central bank of the country that determines the percentage of total deposits a bank must have as cash in reserve. It is set by the Federal Reserve in the USA.
Excess Reserves: These are reserves held by banks above the required reserves. This is usually done to avoid a bank run by the depositors and also to lend the excess out. Loan Extension: The bank can extend its new loans up to the point that it still has the required reserve ratio satisfied. We can calculate the Maximum loan extension by using the excess reserve as Max Loan = (Excess Reserve / Reserve Ratio)Max Loan = ($17,400 / 0.12)Max Loan = $145,000.
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John King is saving for a new house he wants to build in two years and has invested in what he believes is an undervalued financial asset. King believes the asset will double in value. Which of the following limitations might prevent King from achieving his goal?
A. Fundamental risk
B. Implementation costs
C. Model error
The market of candy is described by
YS=−8+2P
Yd=32⋅0.5P
Which result s in the market-optimal price of P=8 and output Y=16. The government decides that the socially-optimal output of candy is 4 . To achieve that, it decides to impose an excise tax on consumers such that the effective price they feel (the cost of candy plus the tax) is so high they only want to buy 4 pieces. In your written work, modify the supply and demand functions and find the resulting market price. Graph the new market equilibrium. Continue from the previous question. Find the size of the excise tax. Question 7 Continue from the previous question. Find the tax revenue of the government. In your written work, show calculation. Also, provide your opinion on whether the revenue matters for the excise tax,
The tax revenue for the government is 8.
In my opinion, the revenue does matter for the excise tax. The tax revenue generated can be used by the government for various purposes, such as funding public services, infrastructure development, or addressing other social needs.
To find the new market equilibrium and the size of the excise tax, we need to modify the supply and demand functions.
First, let's modify the demand function Yd by setting it equal to the socially-optimal output of 4:
Yd = 4
Next, we need to find the effective price that consumers feel, which is the cost of candy plus the tax. Let's denote this price as Pe:
Pe = P + Tax
Now, we can substitute Pe into the demand function:
4 = 32 * 0.5Pe
Simplifying the equation:
4 = 16Pe
Dividing both sides by 16:
Pe = 0.25
Now, let's modify the supply function Ys by imposing the excise tax. The supply function represents the market supply of candy, and in this case, the tax is imposed on consumers. Therefore, the supply function remains unchanged:
Ys = -8 + 2P
To find the resulting market price, we need to find the equilibrium price at the new quantity demanded and supplied. Equilibrium occurs when quantity demanded equals quantity supplied. Setting Yd equal to Ys:
4 = -8 + 2P
Adding 8 to both sides:
12 = 2P
Dividing both sides by 2:
P = 6
So, the resulting market price after the tax is imposed is P = 6.
To find the size of the excise tax, we can subtract the market-optimal price from the new market price:
Tax = P - market-optimal price
Tax = 6 - 8
Tax = -2
Since the tax is negative, it indicates a subsidy rather than an excise tax. This means that the government is providing a subsidy to consumers instead of imposing a tax. Therefore, the size of the excise tax (subsidy) is 2.
Finally, to find the tax revenue of the government, we need to multiply the tax by the quantity demanded:
Tax revenue = Tax * quantity demanded
Tax revenue = 2 * 4
Tax revenue = 8
The tax revenue for the government is 8.
Additionally, the tax revenue can help offset any potential negative impacts of the tax on consumers and producers. However, it's important for the government to carefully consider the potential effects and trade-offs of the tax on various stakeholders and the overall economy.
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4. All of the organizations that participate in the movement of material from the sources of raw materials to the ultimate consumers form a supply chain. wholesaler network. marketing intermediary network. retail chain.
All of the organizations that participate in the movement of material from the sources of raw materials to the ultimate consumers form a supply chain.
A supply chain refers to the network of organizations involved in the production, distribution, and delivery of goods or services from the initial suppliers of raw materials to the end consumers. It encompasses various entities, including manufacturers, suppliers, wholesalers, distributors, retailers, and logistics providers, who work together to ensure the smooth flow of products or services through different stages of production and distribution. The supply chain starts with the sourcing of raw materials, which are then transformed into finished products through manufacturing processes. These products are then transported to distribution centers or warehouses, from where they are further distributed to wholesalers or retailers. It involves coordinating activities, sharing information, and integrating processes across different organizations to achieve seamless coordination and enhance overall supply chain performance. By leveraging technology, data analytics, and supply chain best practices, organizations aim to streamline operations, improve inventory management, reduce lead times, and enhance customer satisfaction within the supply chain ecosystem.
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A manager is using the equation below to forecast quarterly demand for a product: Yt = 1,000 + 500t where t = 0 at Q4 of last year and the Quarter relative for Q1 = 0.8 Find the Seasonalized Forecast for the first quarter of the next year?
The manager is using the equation, Yt = 1,000 + 500t, to forecast quarterly demand for a product. The manager intends to find the Seasonalized Forecast for the first quarter of the next year, with Q1 being 0.8.
Calculate the quarter relative for Q4 as follows:
Q4 = 0
Calculate the quarter relative for Q1 as follows:
Q1 = 0.8
Seasonalized Forecast = (Yt - 1,000) / 500
To find the seasonalized forecast for the first quarter of the next year, you will need to calculate the value of Yt at Q1. Here's the calculation below:
Yt = 1,000 + 500t ... equation(1)We're given t = 0 for Q4 of the last year;
Therefore, t = 1 for Q1 of next year. Substituting t = 1 in equation(1), we get;Y1 = 1,000 + 500(1)Y1 = 1,500
Hence, the value of Yt for Q1 of next year is 1,500.
Substituting this value in the seasonalized forecast equation above, we have; Seasonalized Forecast = (Yt - 1,000) / 500Seasonalized Forecast = (1,500 - 1,000) / 500Seasonalized Forecast = 1.0
Therefore, the Seasonalized Forecast for the first quarter of the next year is 1.0.
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opportunity costs are not found in accounting records because they are not relevant to decisions. True/False
Since opportunity costs are not financial outlays, they are not recorded in accounting records. Consequently, the assertion is false.
What do accounting records contain?Accounting records are every document that is necessary for accounting, from the creation of financial statements through their completion, which enables audits to be performed on them. These accounting records include ledgers, journals, ledger entries, financial transactions, assets, and liabilities.
What are accounting records used for?The primary sources of data and proof utilized to compile, confirm, and/or verify the financial statements are accounting records. They also contain evidence of financial and non-financial transactions as well as proof of asset ownership for the formation of obligations.
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How does the rate of a proportional tax change with income?
Answer:
same
Explanation:
Proportional tax, also referred to as a flat tax, affects low-, middle-, and high-income earners relatively equally. They all pay the same tax rate, regardless of income.
true or false? a market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
A market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
The above statement is true
What do you mean by market-share pricing objective?
Sales-oriented pricing goals try to increase sales or market share. A volume growth is assessed in relation to a company's own sales across particular time frames. A company's market share compares its revenues to those of other businesses in the same sector.For every business, the goal of pricing is to establish a price that is fair to both consumers and the producer in order for both to thrive in the market.The goal of a marketing plan is to have a clear path to follow in order to acquire new clients, improve connections with existing clients and consumers, boost sales, increase retention, and raise brand awareness.To know more about Economy here
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Do not recall password and i am not receiving password reset email. i wish to cancel my subscription and not be charged now that i am done with school.
In case you did no longer request to acquire those password reset emails, the high-quality route of action is to disregard them.
With software being utilized in so many regions of lifestyles, it is not unusual now to acquire a password reset notification without inquiring for it.
That may be due to a simple typo or someone genuinely trying to advantage get the right of entry to a person else's account. it is able to be puzzling—even alarming—to acquire these emails.
If a person maintains trying to request a password reset, your e-mail address can be fetched through malware, phishing emails, or attacking internet sites.
Run anti-virus/anti-malware scans in your laptop. make certain not to submit your electronic mail cope with publicly or subscribe to suspicious internet pages.
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Determining the needed requirements and desired requirements are both part of what project management phase? (a) planning Ob) organizing Oc) monitoring d) adjusting
(a) Planning. Determining the needed and desired requirements is an essential part of the planning phase in project management, where project managers gather information and define project objectives to establish a roadmap for successful project completion.
Determining the needed requirements and desired requirements are part of the planning phase in project management. During this phase, project managers gather information, define project objectives, and identify the specific requirements that need to be met in order to successfully complete the project. This includes identifying the essential requirements that are necessary for project success (needed requirements) as well as additional requirements that are desirable but not critical (desired requirements). By determining these requirements during the planning phase, project managers can create a roadmap for the project and establish the necessary resources and strategies to meet those requirements.
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Which stage of new product development would you be most interested in participating in? Explain.
Answer:
prototyping
Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.
In the 1870's what did the U.S. government do to give the public confidence in its currency?
In the 1870s, the U.S. government took two key steps to give the public confidence in its currency:
Established the Gold Standard in 1879, which meant that the U.S. dollar was pegged to gold at a fixed rate of $20.67 per ounce.Passed the Resumption Act of 1875, which mandated the gradual withdrawal of greenbacks from circulation and their replacement with gold-backed currency.How did U.S. government give public confidence in its currency in 1870?The establishment of the Gold Standard was a critical move that signaled to the public that the government was committed to maintaining the value of the dollar.
This meant that people could trust that their dollars would be worth a certain amount of gold, which helped to prevent fluctuations in the currency's value.
The Resumption Act, which mandated the replacement of greenbacks with gold-backed currency, also played a key role in restoring public confidence in the currency.
Greenbacks had been issued during the Civil War as a means of financing the war effort, but their value had fluctuated widely in the years following the war.
By gradually replacing greenbacks with gold-backed currency, the government demonstrated its commitment to establishing a stable and predictable currency system
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True or false :Equifax experian and transunion are legally obligated to provide identical information
It should be noted that Equifax experian and transunion are legally obligated to provide identical information.
What is Experian and Equifax?Experian and Equifax serves as a credit bureaus in the U.S that collect and research credit information.
They help individuals to rate the overall ability to pay back a debt.
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Write a short paragraph describing the benefits of working as a team to complete a project.
Answer:
A group of people who have to achieve common goal is known as team. If we work in team it increases our creativity and learning, it also builds trust. It boost the particular person when we work in team. We can also learn faster. There are more chances of getting success in particular area if we work in team. As there is saying, " together we can achieve more what each of us can achieve." It also enhances productivity and capability.
Broker Regina commingled $5,000 of her client's earnest money in her personal checking account. Is this illegal?
a. Yes, commingling client funds is always illegal.
b. No, commingling client funds is always legal.
c. Yes, it is only illegal if the amount of commingled funds is over $1,000.
d. No, it is only illegal if the amount of commingled funds is over $10,000.
Commingling client funds in a personal checking account is generally illegal regardless of the amount involved. Therefore, option (a) is the correct answer.
Commingling client funds, which means mixing client money with personal funds, is generally considered illegal in the context of financial services. Brokers, like Regina in this case, are typically required to keep client funds separate from their own personal accounts.
The purpose of this requirement is to protect clients' money and prevent misuse or misappropriation. The specific amount of commingled funds is not the determining factor for legality; the act of commingling itself is generally considered illegal.
Therefore, regardless of the amount of $5,000 in this scenario, commingling client funds is not permitted and can result in legal consequences for the broker.
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Need Help ASAP
Name a current issue about which you have a strong opinion. Explain the reasons for your opinion. Write 4 sentences.
Something everyone sane can agree on:
Right now, black lives are our focus, but this does not mean every other life is not important. No matter what gender, religion/belief, sexuality, race, nationality, etc., every life is equal. This includes animals as well. Animals are not ours, and should be treated with respect, as they have feelings.
Let (inverse) demand be Pb = 87 - 6 Qb and (inverse) supply be Pv = 27 + 4 Qv. Consider the shift in demand illustrated (the intercept of Pb moves by 9 ). The graph illustrates the demand for water in Los Angeles starting in the year 2020 and projected to 2050, what is the most likely cause of the shift depicted during this time period ? (1) A decrease in L.A.'s population; (2) An increase in L.A.'s population; (3) No change in L.A.'s population; (4) New water supply infrastructure projects; (5) An increase in the use of drought tolerant plants.
A shift in demand occurs when there is a change in the demand for a product or service. The graph illustrates the demand for water in Los Angeles from 2020 to 2050. Let (inverse) demand be Pb = 87 - 6 Qb and (inverse) supply be Pv = 27 + 4 Qv.
Consider the shift in demand illustrated (the intercept of Pb moves by 9).In this case, the most likely cause of the shift depicted during this time period is an increase in L.A.'s population. The demand curve shifts to the right as the population grows, indicating that the quantity of water demanded rises. As a result, an increase in the population of L.A. would cause an increase in the quantity of water demanded. The demand curve would shift to the right in this scenario. A change in demand occurs when there is a shift in the demand curve, which can be caused by a variety of factors such as population growth, a shift in consumer tastes, and so on. An increase in demand results in a shift to the right, whereas a decrease in demand results in a shift to the left. Supply curves, on the other hand, may shift to the right or left as a result of changes in production costs, the introduction of new technology, or other factors. A change in supply will shift the supply curve either to the left or to the right. The equilibrium point is where supply and demand intersect.
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To move toward a personal vision, what smaller steps should you take?
A. Set smaller, more specific goals.
B. Participate in many internships.
C. Change your lifestyle.
D. Switch your personal vision frequently.
Answer:
D
Explanation:
methods of measuring national income
Answer:
3ethods r there. Income measure, product measure and expenditure measure.
Explanation:
Expenditure method: Advertisement
Income measure:In this method national income is measured as the flow of factors income
Product measure:
In this method, national income is measured as a flow of goods and services. We calculate money value of all final goods and services produced in an economy during a year. ...
1.In the scenario where the Central Bank creates policies which increase the money supply but the aggregate demand is unchanged, is created by following what type of monetary policy?
An expansionary policy.
A contractionary policy.
A balanced policy.
2.Quantitative easing undertaken after 2008 is different from traditional central bank intervention in that it focused on
purchasing long-term government securities to encourage long-term capital projects and ease mortgage conditions.
purchasing "toxic assets" and restoring credit to the private sector.
raising private bank’s revenues and therefore encouraging investment.
An expansionary policy. In this scenario, the Central Bank is increasing the money supply, which is a characteristic of expansionary monetary policy.
The purpose of expansionary policy is to stimulate economic growth by encouraging spending and investment through lower interest rates and increased liquidity in the economy. However, if the aggregate demand remains unchanged, it suggests that the increased money supply is not translating into increased spending or investment by consumers and businesses. Quantitative easing undertaken after 2008 focused on purchasing "toxic assets" and restoring credit to the private sector.
Unlike traditional central bank intervention, which primarily involves adjusting interest rates, quantitative easing (QE) implemented after the 2008 financial crisis involved the central bank purchasing "toxic assets" from financial institutions. These assets included mortgage-backed securities and other troubled assets. The goal was to provide liquidity to financial institutions, restore confidence in the banking system, and ease credit conditions for businesses and consumers. By purchasing these assets, the central bank aimed to stimulate lending, stabilize financial markets, and encourage economic recovery.
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Jesse wants to work as a public relations specialist. What academic requirements should he complete?
A.
a bachelor’s degree
B.
on-the-job training
C.
a technical program
D.
a doctorate degree
E.
high school
Answer:
A.
Explanation:
a bachelor's degree
Answer:
"A 4-year bachelor's degree in a PR-related area like journalism, marketing or communications is frequently required for entry-level positions."-Google
So the answer should be A.
common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety
Answer:
In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.
Explanation:
"The principle stating that asset and liability measurements should be based on the amount given or received in the original transaction is referred to as the"
Answer:
Historical cost
Explanation:
historical cost can be defined as the measure of value used in accounting and that is the value of an asset on a balance sheet.
Historical cost is used for assets that are fixed in the United states of America. Cheers
Find the future value of an ordinary annuity of $60 paid at the end of each quarter for 5 years, if interest is earned at a rate of 4%, compounded quarterly. The future value is : (Round to 2 decimal places.) Find the future value of an ordinary annuity of $600 paid at the end of each year for 2 years, if interest earned at a rate of 3%, compounded annual. The future value is $ (Round to 2 decimal places.)
The future value of an ordinary annuity of $60 paid at the end of each quarter for 5 years, if interest is earned at a rate of 4%, compounded quarterly. The future value is: Future Value = $600 x (1.03^2 - 1) / 0.03 = $1,180.62
To calculate the future value of an ordinary annuity, we can use the formula:
Future Value = Payment x [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate
For the first scenario, where $60 is paid at the end of each quarter for 5 years, with an interest rate of 4% compounded quarterly:
Payment = $60
Interest Rate = 4% or 0.04
Number of Periods = 5 years x 4 quarters/year = 20 quarters
Plugging the values into the formula:
Future Value = $60 x [(1 + 0.04)^20 - 1] / 0.04
Calculating this expression will give us the future value. Rounded to 2 decimal places, the future value is:
Future Value = $60 x (1.04^20 - 1) / 0.04 = $1,332.08
For the second scenario, where $600 is paid at the end of each year for 2 years, with an interest rate of 3% compounded annually:
Payment = $600
Interest Rate = 3% or 0.03
Number of Periods = 2 years
Using the same formula:
Future Value = $600 x [(1 + 0.03)^2 - 1] / 0.03
Calculating this expression will give us the future value. Rounded to 2 decimal places, the future value is:
Future Value = $600 x (1.03^2 - 1) / 0.03 = $1,180.62
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What are some reasons that a bank statement might not match a cash balance of a business's records? Choose all answers that are correct.
Question 1 options:
posted payments on credit cards
bank errors
outstanding deposits
service charges
recorded checks
outstanding checks
Answer:
outstanding deposits, outstanding checks, posted payments on credit cards
Explanation:
Bank errors, Outstanding Deposits, Service Charges, and Outstanding checks are some reasons that a bank statement might not match the cash balance of a business's records. The correct options are B, C, D, and F.
What information does a bank statement provide?Name, address, account number, and bank branch information are all listed on bank statements for account holders. Additionally, a summary table that displays the statement's time frame, opening and closing bank balances, deposits made to the account, refunds, and cash withdrawals is included. In addition, fines levied by your bank as well as declined or canceled payments will appear on your statements.
Differences between the two records could be the result of Deposits in transit: The firm may have received cash or cheques, but the bank may not have yet recorded them. Outstanding checks are ones that have been issued but have not yet been processed. Bank service fees: Banks frequently deduct service fees.
Thus, the ideal options are B, C, D, and F.
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1 point Kelly Inc. purchased equipment for $400,000, the useful life of the equipment is 10 years and the residual value is $20,000. What is the book value at the end of year 2, using straight line de
The depreciation expense in the first year using the double-declining method is $80,000.
We have the following information from the question is:
Kelly Inc. purchased equipment for $400,000.
The useful life of the equipment is 10 years and the residual value is $20,000.
We have to find the depreciation expense in the first year.
Now, According to the question:
Determine the straight-line depreciation rate:
Straight-line rate = 100% / 10 years = 10%
Double the straight-line rate to get the double-declining rate.
Double-declining rate = 2 × 10% = 20%
Apply the double-declining rate to the initial cost of the equipment.
Depreciation expense (first year) = $400,000 × 20% = $80,000
Hence, the depreciation expense in the first year using the double-declining method is $80,000.
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A client expresses that she finds herself snacking continuously after dinner in the evening, even though she is not hungry. What is an effective strategy to help her address this
The food strategy to solve this problem must be introduced by a specialized professional, such as a nutritionist or endocrinologist.
How to reduce the urge to eat compulsively?According to scientific studies, the individual must maintain a balanced diet to supplement their daily nutrient needs, balancing the intake of proteins, carbohydrates and fats for the optimal functioning of the body.
Therefore, maintaining healthy habits and managing stress are effective strategies to reduce bad eating habits.
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by what date must taxes be filed in the united states?
Answer:
april 15
Explanation:
its a direct question the isnt an explanation
FILL IN THE BLANK. __________ measure(s) performance levels in the areas of quantity, time, cost, and behavior.
Key performance indicators (KPIs) measure performance levels in the areas of quantity, time, cost, and behavior.
What's Key performance indicators (KPIs) measurementThese indicators provide organizations with a way to track progress and determine if goals are being met.
KPIs vary depending on the specific objectives of a business or department, but examples include sales revenue, customer satisfaction ratings, employee turnover rates, and production efficiency. By tracking KPIs regularly, businesses can identify areas for improvement and make data-driven decisions to optimize performance.
Additionally, KPIs can be used to motivate employees by setting clear expectations and providing feedback on their work.
Overall, KPIs play an important role in ensuring that businesses are achieving their objectives and continuously improving their operations.
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what is the approximate ratio at which unhappy (or dissatisfied) customers evangelize to others about their product or purchase experiences, relative to how often happy (satisfied) customers are likely to evangelize?
Understanding consumer behavior is crucial for marketers because it enables them to better communicate with customers.
Who is the primary consumer?The consumer and the commodity exist for their benefit, and they are also the one with whom money is being generated. When a firm offers its product as either a component in that other company's product, this might be a bit complicated. The creator of the product in this instance is the main client.
What does a good consumer mean?Customers will have a favorable opinion of you if you listen to them, recognize their requirements, thank them, and foster a welcoming, helpful environment. A satisfied client is more likely to make repeat visits and spend more money. They could also recommend others to your company.
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What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.
Answer:
Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the
Answer:
watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.
Explanation:
(or incorporate the most important organizing tasks into routines.)