Points: 10©2006 capsim management simulations, inc.® baldwin's turnover rate for this year is 6.26%. this rate is projected to remain the same next year and no further downsizing will occur from automating. baldwin plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. the goal of this additional investment is to improve the quality of applicants. what would the total recruiting cost be for baldwin next year?

Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

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