For each of the following changes, decide whether it would cause the money multiplier (m) to increase or decrease (NOTE: in most cases you will have to first think in terms of how the change would affect ER/D or C/D or rD , and then decide how the change in that variable would affect the money multiplier). (6pts) Question 2 - For each of the following changes, decide whether it would cause the money multiplier (m) to increase or decrease (NOTE: in most cases you will have to first think in terms of how the change would affect ER/D or C/D or rD , and then decide how the change in that variable would affect the money multiplier). Strong economic growth increases income and wealth Choose the match for Strong economic growth increases income and wealth The Fed raises the required reserve ratio Choose the match for The Fed raises the required reserve ratio Congress eliminates the FDIC and there is no more deposit insurance Choose the match for Congress eliminates the FDIC and there is no more deposit insurance The Trump administration significantly raises marginal tax rates Choose the match for The Trump administration significantly raises marginal tax rates The Fed stops paying interest on excess reserves held by banks at the Fed Choose the match for The Fed stops paying interest on excess reserves held by banks at the Fed Banks significantly increase the interest rate they pay on demand deposits

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?