Suppose the Federal Reserve increases the amount of reserves by $100 million and the total money supply increases by $500 million. Requried:
a. What is the money multiplier?
b. How much will the total money supply increase by if the Federal Reserve increases the amount of reserves by $200 million?
c. When the Federal Reserve increases the reserve requirement, the money multiplier will:

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Adisadvantage of corporations is that shareholders have to pay on profits.

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.