which of the following is a disadvantage of bureaucracy? group of answer choices unclear hierarchy of authority unclear division of labor preferential treatment of some employees absence of written guidelines excessive paperwork

Answers

Answer 1

The statement that is a disadvantage of bureaucracy is: C. Excessive paperwork.

What are the disadvantage of bureaucracy?

Excessive paperwork is considered a disadvantage of bureaucracy because bureaucracy is often characterized by a focus on rules, regulations, and procedures, which can lead to an over-reliance on written documentation.

Excessive paperwork can therefore be seen as a disadvantage of bureaucracy because it can create a burden for employees, slow down decision-making processes, and negatively impact the overall efficiency and effectiveness of the organization.

Therefore the correct option is C.

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Related Questions

A recession occurs, and government-funded unemployment compensation is paid to laid-off workers. This is an example of:

a) a discretionary fiscal policy

b) a monetary policy

c) an automatic fiscal stabilizer

Answers

Government-funded unemployment compensation paid to laid-off workers during a recession is an example of an automatic fiscal stabilizer. The correct answer is option (c) - an automatic fiscal stabilizer.

Automatic fiscal stabilizers are policies or features within the tax and transfer system that automatically respond to changes in the economic conditions, such as recessions, without the need for specific government intervention or discretionary decision-making.

In the given scenario, when a recession occurs, the government provides unemployment compensation to laid-off workers. This compensation serves as an automatic fiscal stabilizer because it is triggered automatically by the economic condition of job losses. As more people become unemployed during a recession, the government disburses unemployment benefits to support these individuals and stimulate consumer spending. By providing income support to the affected workers, unemployment compensation helps stabilize the economy by maintaining aggregate demand and reducing the negative impact of the recession.

Unlike discretionary fiscal policies (option a), which require deliberate government actions and decision-making, and monetary policies (option b), which involve central bank actions related to money supply and interest rates, automatic fiscal stabilizers function automatically based on predetermined rules or eligibility criteria. They provide a countercyclical effect, helping to cushion the economy during downturns and reducing the severity of recessions.

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what are the importance of a scale ?​

Answers

Answer:

The importance of scale is given below.

Explanation:

Scale becomes making it more effective also because of the severity of the challenges faced throughout environments including certain reducing inequality, the community, gender inequality as well as infrastructure need on-scale approaches. They are therefore merge-border in natural surroundings and therefore not based exclusively towards one venue.

Routinized Response behavior is a consumer problem-solving process used when buying: ___________.
i. Moderate cost items requiring a moderate search-and-decision effort
ii. Low-cost items requiring very little search-and-decision effort
iii. High cost items requiring extensive search-and-decision effort
iv. Moderate cost items requiring very little search-and-decision effort

Answers

I think it would be Low cost items requiring very little search and decision effort. sorry if incorrect.

I need help with all those questions

I need help with all those questions

Answers

Where’s the picture like
1. $6000
2.$7000
3.$9000

At what age can you start working?

Answers

Answer:

Explanation:

depends on where you live

Explanation:

It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14

Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications could she put in the section common to all three pathways?

physical stamina, willingness to work long hours, teamwork, stress-management skills
physical stamina, color vision, stress-management skills, knowledge of geography
color vision, willingness to work long hours, teamwork, customer-service skills
knowledge of geography, customer-service skills, teamwork, stress-management skills

Answers

Answer:

th answer is A. physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation:

The qualifications that are required to create a diagram to compare and contrast the three Energy pathways are the physical stamina, willingness to work long hours, teamwork, stress-management skills.

What are the Energy pathways?

The paths that energy sources take to get from a producer to a consumer are known as energy pathways. These ways are an influential part of energy security, yet they can be disrupted.

In the given case, Physical stamina, desire to work long hours, collaboration, and stress-management skills are all requirements for creating a graphic to compare and contrast the three Energy paths.

Therefore, option A is correct.

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It is important to ensure that stakeholders' expectations are managed properly throughout the life of a project. What does the project manager need to do to achieve this?

Answers

To effectively manage stakeholders' expectations throughout the life of a project, the project manager should identify and analyze all stakeholders, understanding their roles, influence, and interests. This process will enable the project manager to prioritize stakeholders and address concerns.



The project manager must establish clear communication channels with stakeholders to ensure consistent and transparent information sharing. This can involve regular progress updates, meetings, and timely responses to inquiries. Maintaining open communication helps manage expectations and build trust among stakeholders.



Additionally, the project manager must develop a comprehensive project plan that outlines project objectives, scope, resources, and timelines. This plan should be shared with stakeholders to set realistic expectations and ensure their alignment with the project's goals.


Risk management is another essential aspect of managing stakeholders' expectations. The project manager should identify potential risks, develop mitigation strategies, and communicate these to stakeholders. By proactively addressing risks, stakeholders will have a better understanding of the challenges the project may face and the steps taken to overcome them.

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If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e

Answers

Answer:

Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above

Explanation:

A=P(1+r)t

A=952(1+0.05)1

A=952(1.05)1

A=952(1.05)

A=952x1.05

A=999.60 which can be rounded to 1000

Explain why a positive attitude, high -esteem, and enthusiasm contribute to career success

Answers

Answer:

A positive attitude, high-esteem, and enthusiasm contribute to career success because they make the worker approach their activities, projects and ideas with a positive mindset, trusting in their abilities and anticipating a positive result, facing and overcoming their fears and always looking to the good side of things.

On the other hand, if the person were pessimistic or had a bad attitude, they would face their projects with doubts and fears, putting them aside in the face of the first adversities.

Applications of can help marketers determine which television shows current and potential customers watch,
allowing marketers to determine the value of advertising on a particular show.
O A. Big Data
B. customer relationship management (CRM)
OC. one-to-one marketing
OD. search engine optimization (SEO)
E. data mining

Answers

I’m guessing the answer is D

jana has agreed to borrow $4,000 through a Subsidized Direct Loan to pay her freshman tuition. When she receives the loan, how much will she get

Answers

Answer: $3,957.64

Explanation:

All Direct Loans have a 1.059 percent fee which is deducted from the amount of the loan, up front. This means that Jana's fee is $42.36 ($4,000 x .01059). Therefore, she will only receive $3,957.64.

Summer Tyme, Inc., is considering a new 3-year expansion project that requires an initial fixed asset investment of $2.16 million. The fixed asset will be depreciated straight-line to zero over its 3-year tax life, after which time it will have a market value (salvage value) of $168,000. The project requires an initial investment in net working capital of $240,000. The project is estimated to generate $1,920,000 in annual sales, with costs of $768,000. The tax rate is 32 percent and the required return on the project is 11 percent.
Required:
(a)What is the project's year 0 net cash flow (or cash flow from assets)?
(b)What is the project's year 1 net cash flow (or cash flow from assets)?
(c) What is the project's year 2 net cash flow (or cash flow from assets)?
(d)What is the project's year 3 net cash flow (or cash flow from assets)?
(e)What is the NPV?

Answers

Project's year 0 net cash flow (or cash flow from assets) would be $(2,400,000), project's year 1 net cash flow (or cash flow from assets) would be $1,253,760 ,the NPV of the project would be $1,069,189.72, with the year 2 net cash flow (or cash flow from assets) of the project being $1,013,760 and year 3 net cash flow (or cash flow from assets) of the project being $1,181,760.

Given data are:

Initial fixed asset investment of $2.16 million

Market value (salvage value) of $168,000

First $240,000 contribution to net working capital.

Annual sales = $1,920,000Costs = $768,000

Tax rate = 32 percent

Required return on the project = 11 percent

(a) Net cash flow from assets (or year 0 net cash flow)

Initial Fixed Asset Investment $(2,160,000)

Initial Investment in Net Working Capital$(240,000)

Total $(2,400,000)

(b) Net cash flow from assets for the first year

Sales revenue$1,920,000

Less: costs$(768,000)EBITDA$1,152,000

Depreciation$720,000EBIT$432,000

Taxes at 32% $138,240

Net Income $293,760

Add: Depreciation $720,000

Operating Cash Flow $1,013,760

Add: Net Working Capital $240,000

Total Cash Flow $1,253,760

(c) Year 2 net cash flow, also known as assets' cash flow

Sales revenue$1,920,000

Less: costs $(768,000)EBITDA$1,152,000

Depreciation $720,000EBIT$432,000

Taxes at 32% $138,240

Net Income $293,760

Add: Depreciation $720,000

Operating Cash Flow $1,013,760

Add: Net Working Capital$0

Total Cash Flow $1,013,760

(d) Year 3 net cash flow, also known as assets' cash flow $1,920,000 was made in sales.

Less: costs$(768,000)EBITDA $1,152,000

Depreciation$720,000EBIT $432,000

Taxes at 32%$138,240

Net Income$293,760

Add: Depreciation$720,000

Salvage Value$168,000

Operating Cash Flow$1,181,760

Add: Net Working Capital$0

Total Cash Flow $1,181,760

(e) NPV of the project= $1,069,189.72

Therefore, the NPV of the project is $1,069,189.72.

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4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?

Answers

Answer:

No, this is not ethical.

Explanation:

Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.

A sudden storm threatens the property of Marina Bay LLC. Ngoc, Marina Bay’s sales agent, is on site, but lacks the express or implied authority to bind the firm to the cost of appropriate protective measures. Unable to communicate with Marina Bay, Ngoc a. has emergency powers to deal with the situation. b. must await the principal’s express ratification to act. c. can imply a power of attorney to assume the needed authority.

Answers

A sudden storm threatens the property of Marina Bay LLC. Ngoc, Marina Bay’s sales agent, is on site, but lacks the express or implied authority to bind the firm to the cost of appropriate protective measures.  has emergency powers to deal with the situation.

Brothers Peter and William O'Connell led the improvement effort to begin Marina Bay inside the early 1980s. After driving out difficult monetary times inside the early Nineteen Nineties such as a financial ruin, they maintain to own an awful lot of the vicinity.

An incorporated motel notable for transforming Singapore's metropolis skyline, it contains 3 fifty five-storey towers of extravagant lodge rooms and luxury suites with private butler offerings. further, its architecture is made complete with the Sands SkyPark® which crowns the 3 towers.

Marina Bay is a bay placed within the imperative region of Singapore, surrounded via the fringe of 4 other planning areas, the Downtown center, Marina East, Marina South and Straits View. The vicinity surrounding the bay itself, also referred to as Marina Bay, is a 360 hectare extension to the adjacent significant business District.

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Hey, can I please get some help? Thank you!

Hey, can I please get some help? Thank you!

Answers

Lower interest rates make it cheaper to borrow. This tends to encourage spending and investment. This leads to higher aggregate demand (AD) and economic growth.

2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

If a stock has a beta of 4, what can one infer about the expectations of that stock relative to the market?.

Answers

What happens if the beta of a stock is 1?

If a stock has a beta of 1, it will move in the same direction as the index, by about the same amount. An index fund that mirrors the S&P 500 will have a beta close to 1.

an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

At the end of every year you deposit $2,000 into an account that
earns 6% interest per year. What will be the balance in your
account immediately after the 30th deposit?

Answers

The deposit is done at the end of every year with an interest rate of 6% per year. We have to determine the balance in the account immediately after the 30th deposit.

Using the formula for calculating the future value of a single cash flow, which is:

FV = PV (1 + i)n

Where FV is the future value of a single cash flow, PV is the present value of a single cash flow, i is the interest rate per period, and n is the number of periods.

Here, the interest rate is 6% per year, and the time period is one year. Therefore, we can say that the interest rate per period is 6%.The amount of each deposit is $2,000, and 30 deposits are made.

Therefore, the present value of all deposits can be calculated as:

$2,000 × 30 = $60,000

So, PV = $60,000.

Now, we will calculate the future value of the present value of deposits after 30 years.

FV = $60,000(1 + 0.06)30

FV = $60,000 × 5.743

FV = $344,580

Hence, the balance in the account immediately after the 30th deposit will be $344,580.

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what type of economic analysis is limited to testable, verifiable statements? a. positive economics. b. normative economics. c. macroeconomics. d. entrepreneurial economics.

Answers

The type of economic analysis that is limited to testable, verifiable statements is "positive economics", hence option a is correct. Positive economics relies on empirical evidence and focuses on describing and predicting economic phenomena using objective data. It is the part of economics that deals with positive statements. Positive economics, was originated from positivism and got introduced to economics by John Stuart Mill in his book "Auguste Comte and Positivism" in 1860's.

In contrast, normative economics involves subjective judgments and value-based statements about what ought to be done, and cannot be tested or verified in the same way. Macroeconomics is a subfield of economics that studies the behavior of the economy as a whole, while entrepreneurial economics focuses on the role of entrepreneurs in driving economic growth and innovation.

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one monopoly that modern central banks have is in

Answers

one monopoly that modern central banks have is in Issuing currency.

Just what is monopoly?

Multiplayer board game Monopoly has an economics focus. Players move about the game board by rolling two dice, purchasing and selling properties, and then developing them with homes and hotels. Players try to bankrupt their rivals by collecting rent from them. Tax squares, Community Chest cards, and Chance cards are further ways to win or lose money. Every time they pass "Go," players are given a stipend, but they also risk becoming locked up and being unable to leave unless they fulfill one of three requirements. There are house rules, countless variations in editions, numerous spin-offs, and associated media. Having been regionally licensed in more than 103 countries and produced in more than 103, Monopoly has assimilated into global popular culture.

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With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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what do chapter competitions entail?

Answers

Answer:

Whoever reads the chapter of the book the fastest is crowned the chapter king. It can be very competitive, and the competitors have to be very good readers.

Answer:

In FBLA you pick a subject and you either take a test, do a presentation, do sales pitch, etc. With reading, you read a chapter from a book as fast as you can.

Explanation:

When given an Income Statement, Balance Sheet, and Cash Flow Statement, how would you calculate the following in excel:

DuPont Analysis. Break down your company’s Return on Equity, ROE, into the 3-part DuPont Equation for each year. Comment on what factors caused changes in your company’s ROE over the time period.

Answers

To calculate the DuPont Analysis and break down a company's Return on Equity (ROE) into the three-part DuPont Equation in Excel, you need to analyze the company's Income Statement, Balance Sheet, and Cash Flow Statement. The three components of the DuPont Equation are Profit Margin, Asset Turnover, and Equity Multiplier. Analyzing changes in each component over time can help identify factors influencing the company's ROE.

To perform DuPont Analysis in Excel, follow these steps:

Retrieve the necessary financial statements, including the Income Statement, Balance Sheet, and Cash Flow Statement, for each year of analysis. Calculate the Profit Margin by dividing Net Income by Total Revenue. This ratio measures how efficiently the company generates profits from its sales.

Calculate the Asset Turnover by dividing Total Revenue by Average Total Assets. This ratio indicates how effectively the company utilizes its assets to generate sales. Calculate the Equity Multiplier by dividing Average Total Assets by Average Shareholders' Equity. This ratio shows the leverage or financial structure of the company.

Calculate the ROE by multiplying the Profit Margin, Asset Turnover, and Equity Multiplier. The formula for ROE is: ROE = Profit Margin x Asset Turnover x Equity Multiplier.

By analyzing changes in each component of the DuPont Equation over time, you can identify factors influencing the company's ROE. For example, an increase in Profit Margin may indicate improved cost management or pricing strategies. An increase in Asset Turnover may suggest increased efficiency in utilizing assets. Changes in the Equity Multiplier can be influenced by factors such as debt financing or stock buybacks.

In conclusion, DuPont Analysis allows for a comprehensive breakdown of a company's ROE by analyzing the Profit Margin, Asset Turnover, and Equity Multiplier. Examining changes in these components over time can provide insights into the factors impacting the company's ROE, including profitability, asset utilization, and financial leverage.

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9. Answer ALL parts of this question. Consider a standard Hecksher-Ohlin world, with the following endowment of production factors: Home Foreign Labour 77 45 20 Capital 15 10 There are two goods: Computers (C), which are capital intensive, and T-shirts (T), which are labour intensive. (a) Based on the table above, what are the expected patterns of trade in this world and why? (b) In this example, who would gain from opening up to free trade and who would lose, and why? (c) Suppose that the relative price of computers is fixed at Pc/PT and there is a sudden increase in the available labour in Home. What will happen to the production possibility frontier and Home's production of Computers and T-shirts. Explain your answer and illustrate with a relevant diagram. (d) Some countries are not very abundant in any resource. Does this mean that we would expect them to export nothing? Explain your answer by using the Hecksher-Ohlin model. (e) Give an example of where equalisation of wage rate has not occurred. Discuss some possible explanations for this.

Answers

a) Based on the given table, this economy has a relative abundance of labor compared to capital. This means that it would produce T-shirts cheaply since it is labor-intensive.

On the other hand, computers are capital-intensive, meaning that it is cheaper to produce in countries with a higher capital endowment. Therefore, this economy is expected to export T-shirts and import computers.

b) In this example, the free trade opening would benefit the consumers of both products since they would get them at a cheaper price. The domestic producer of T-shirts will lose since it has to compete with foreign producers who can produce at a lower cost.

The domestic producer of computers would benefit since the product is more expensive to produce in other countries.

c) With the relative price of computer fixed at Pc/PT, an increase in the available labor in Home would result in a shift in the production possibility frontier (PPF) outwards.

The new frontier is shown in the diagram below. The country's production of both goods will increase, but the increase in computer production is relatively larger since it is more capital-intensive.

d) The Hecksher-Ohlin theorem holds that a country's exports are determined by the factor endowments. However, a country can still export a good even if it is not relatively abundant in any resource if the good is produced using the resource that is most abundant in the country.

For example, a country that is not abundant in labor may still produce and export a labor-intensive good that uses the country's abundant capital.

e) One example of where equalization of wage rate has not occurred is between developed and developing countries. Despite the factor endowments and the Heckscher-Ohlin theorem, there is still a wage gap between developed and developing countries. This could be explained by other factors such as institutional quality, technological difference, and government policies. Additionally, there could be barriers to trade that prevent factors from moving from low wage to high wage countries.

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Which time-series model below assumes that demand in the next period will be equal to the most
recent period's demand?
A) naïve approach
B) moving average approach
C) weighted moving average approach
D) exponential smoothing approach
E) trend projection

Answers

A) The time-series model below takes a naive approach and assumes that demand will be constant from one period to the next.

A time-series model is what?

One or more measured output channels without any measured inputs make up a time series. A dynamic system found to suit a particular signal or time series of data is a time series model, also known as a signal model.

Multivariate models can be created when the time series is multivariate. When modeling a time series, it is common to consider it to be the result of a system that receives a white noise signal with variance e(t) as its fictitious input. Such models' actual observed input size is zero, and their governing equation has the following form:

y(t) = He(t) (t)

Here, the signal being modeled is denoted by y(t), and the transfer function H denotes the connection between y(t) and e. (t).

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Which of the following is not part of the balance of payments

Which of the following is not part of the balance of payments

Answers

Option (d), Each is taken into account in the payment balance. The balance of payments is composed of three components: the current account, capital account, and finance account.

What is excluded from the balance of payments?

The current account of the balance of payments does not include investments. The current account of payment balance is calculated by averaging the balance of trade, netfactor income, and net transfer payment. Current account for the BOP is either positive, indicating a surplus, or negative, indicating a deficit.

Economic surplus is one of the balance of payments' components, right?

The trade of goods and services affects the country's balance of payments. If a country is able to export more goods and services than it can import, it is said to be in a surplus.

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José works 30 hours each week. At the end of 6 months (26 weeks), he has made $31,200. How much does José make per hour? A. $40 B. $30 C. $23 D. $17

Answers

José makes $40 per hour He has made $31,200. A $40

$40 José make per hour.  Thus option A is correct.

What is work?

Purpose and very well can be impacted by people's job experiences in a variety of ways. Work promotes personal growth, helps one attain key goals, generates good sentiments about accomplishments, and gives one's life shape and consistency.

In this the data that is presented is

The work which is done in a week is 30 hours.

He has worked for 6 months = 26 weeks

The total amount that is made is $31,200.

If the person worked for  30 hours per day for 26 weeks

then the total amount that he has received will be 30 * 26

= $780

The amount then received per hour will be = $31,200 / $780

= $40

The amount that is been made by Jose will be $40 for the work that he has done.

Therefore, option A is the correct option.

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refer to the diagram. the equation that shows the relationship between y and x is:

Answers

As there is no diagram provided in the question, it is impossible to determine the equation that shows the relationship between y and x.

Please provide the necessary diagram or additional information to answer the question.

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The complete question is :Refer to the above diagram. The equation that shows the relationship between Y and X is: Y = 50 + 1/4X.

The monetary policy of jaune is controlled by the country's central bank known as the bank of jaune. the local unit of currency is the jaunian dollar. aggregate banking statistics show that collectively the banks of jaune hold $220 million of required reserves, $55 million of excess reserves, have issued $5,500 million of deposits, and hold $440 million of jaunian treasury bonds. jaunians prefer to use only demand deposits and so all money is on deposit at the bank.

Answers

The value of the money supply after banks adjust to the change in the reserve requirement is $6,875 million (option b)

Required Reserves = 220million

Excess Reserves = 55 million

Deposits = 5,500 million

In hold = 440 millions

Tazians prefer to use only demand deposits

and the bank has all of the money on deposit. Thus, the amount of money in circulation is 0.

Reserve Requirement = Required Reserves/deposit

=220/5500

=4%

Currency deposit ratio = 0%

Excess reserves to deposit ratio

= Excess Reserves / Deposits

= 55 /5,500

= 1%

Monetary base = Currency in circulation + Required reserves + Excess reserves

= 0 +220 + 55 = 275 million

If the Bank of Tazi changes the reserve

need ratio to 3% while maintaining the same level of excess reserves

Therefore total reserves Required = 3% + 1%

= 4%

Money Multiplier = 1 divide by 0.04 = 25

Therefore Money Supply = Monetary Base * Money Multiplier = $275 * 25

= $6,875 million

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The complete question is given below

The Monetary Policy of Jaune is controlled by the country's central bank known as the Bank of Jaune. The local unit of currency is the Jaunian dollar. Aggregate banking statistics show that collectively the banks of Jaune hold $220 million of required reserves, $55 million of excess reserves, have issued $5,500 million of deposits, and hold $440 million of Jaunian Treasury bonds. Jaunians prefer to use only demand deposits and so all money is on deposit at the bank.

Refer to Scenario 29-1. Suppose that the Bank of Jaune changes the reserve requirement to 3 percent. Assuming that the banks still want to hold the same percentage of excess reserves what is the value of the money supply after banks adjust to the change in the reserve requirement?

a.

$7,175 million

b.

$6,875 million

c.

$7,875 million

d.

$1,375 million

A sum of $1000 is invested at an interest rate of 5 1 2 % compounded annually. How many years will it take until the sum exceeds $2800

Answers

It will take approximately 21 years for the sum to exceed $2800 when compounded annually at an interest rate of 5 1/2%.

we can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the future value, P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
In this case, we have P = $1000, r = 5 1/2% (or 0.055), and A = $2800. We want to find the value of t.
Let's plug in the values into the formula:
$2800 = $1000(1 + 0.055/1)^(1*t)
Simplifying, we get:
2.8 = (1.055)^t
To solve for t, we can take the logarithm of both sides:
log(2.8) = t * log(1.055)
Using a calculator, we find:
t ≈ log(2.8) / log(1.055) ≈ 20.69
Since time cannot be fractional, it will take approximately 21 years for the sum to exceed $2800 when compounded annually at an interest rate of 5 1/2%.

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