Economists occasionally speak of "helicopter money" as a shorthand approach to explaining increases in the money supply. Suppose the chair of the Federal Reserve flies over the country in a helicopter, dropping 10,000,000 newly printed $100 bills (a total of $1 billion). By how much will the money supply increase in the following scenarios, holding everything else constant: a. all of the new bills are held by the public as currency? b. all of the new bills are deposited in banks that choose to hold 10 percent of their deposits as reserves (and no one in the economy holds any currency)? c. all of the new bills are deposited in banks that practice 100-percent-reserve banking? d. people in the economy hold half of their money as currency and half as deposits

Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:

Which of the following statements is true about an atm card?