The effective monetary multiplier that will be used in the banking system given the data provided would be 4. A money multiplier is defined as the output of the reserve dollars the bank produces. To find the multiplier, just take into consideration the amount of deposit and the reserve ratio.
Answer:
The correct option is A
Explanation:
Under the Article 3 of the UCC (stands for Uniform Commercial Code), with few modifications, that govern or regulate the negotiable instruments.
The UCC describe the negotiable instrument as the instrument which is in writing as well as unconditioned promise or an orders of making a payment of the fixed amount of money on a particular date.
So, the negotiable instruments are the promissory notes, checks, COD (Certificate of Deposit) and drafts.
Answer:
The correct option is A that is introduction
Explanation:
The product life cycle is the cycle which states the progression of an item or product via the 4 stages of its time on the market. And the stages are: Introduction, Growth, Maturity and Decline.
So, making the customer aware of the existence and the features of the product, the introduction stage is the one which will help the company to make the product aware in the market.
Answer:
The answer is "Option a".
Explanation:
In this question, each year Barb pays back the interest received. It will add depth to its principle during the first year. In this, the actual case, the interest for $3000 at 5% for the first year = $150, would be added to $3 000, and $31,50. In the second year, Barb should gain a 5% interest on $3150. Throughout the case of Andy, the second principle will be $3000 like it was at the end of the first year. Thus, Barb's second year is going to have more interest.
- In choice b, It is wrong because Andy wants to withdraw its interest, this won't get irritated. He would also receive less interest per year than Barb.
- In choice c, Its interest would not be the same for both in the first year.
- In choice d, It is wrong because Andy wants to withdraw interest each year, no compound interest will arise.
- In choice e, No, not that. Andy won't earn the interest compounded so, the Barb will receive the interest multiplied. Therefore, for the five-year duration, Barb can earn more interest.
Answer:
To maximize the profit the firm should produce fewer widgets because, as the number of widget production increases the marginal cost of producing widgets increases.
