Questions:

17.) EOM and proximo dating are synonymous (True or False)

20.) Explain why retail companies have to markup the selling price above the cost of the goods.

21.) The percent of markup based on cost and percent of markup based on selling price are equal to each other. (True or False)

24.) Explain the simple interest magic triangle

25.) A bank discount is frequently collected by the bank at the beginning of the loan from the proceeds provided to the borrower. (True or False)

A new immigrant arrives in Nova Scotia and opens a demand deposit account in the amount of $40,000 with Scotia Bank.

1. Assuming a target reserve ratio of 10% for all banks, and the willingness of the bank to make loan, use a T-account to show this transaction on Scotia Bank’s balance sheet.
2. Complete the following table by showing the change in deposit, reserve and loan, assuming that the loan that was created by Scotia Bank became a deposit with TD Bank; and the loan that was created by TD became a deposit with CIBC and so on.

3. c. After infinite rounds of depositing and lending, what is the eventual total change in deposits?

Due to Covid – 19 Pandemic that caused economics crisis, Bank of Canada had cut interest rates; and it is likely to announce further cuts even if interest rates went into negative territory;

If we assume that, because of the actions of Bank of Canada, the economy is fully recovered to the extent that it developed an inflationary gap.

1. After this recovery that developed an inflationary gap, is Bank of Canada going to increase or decrease the interest rates?

2. Based on your answer to (a) above, and with the aid of an appropriate labeled diagram, show the effect on the money supply.

3. With your understanding of the monetary transmission mechanism and assuming an open economy, explain how the Central Bank of Canada’s actions affect the various components of Aggregate Demand, and, ultimately the equilibrium price level and real GDP? Use the appropriate labeled diagrams to help explain your answers.

Price Elasticity of Demand:
Choose a product that you regularly purchase and decide whether the demand for the product is elastic, inelastic or unit elastic based on your knowledge of price elasticity of demand. Explain the factors that you think cause the good or service to be elastic, inelastic or unit elastic in detail (related to the determinants of price elasticity of demand). Also, describe the shape of the demand curve and explain what producers in this industry should do to their prices to increase their total revenue. Please use an original example (not one that has been used in the textbook/power points) or you will lose points. Remember, you must do your own work in this class on all assignments so resist the temptation to use outside websites to copy information as that would be plagiarism. Go to your book and power points first as a resource for your research.

Please help? I don't know how to start this . Just for a few paragraph ...I choose to talk about Make up foundation.

If the primary goal is to reduce inflation, which of the following fiscal policy actions would be appropriate during a period of a rapidly increasing consumer price index? I. Reduce government expenditures for defense and nuclear energy research. II. Increase transfer payments to those most severely affected by the rising price index. III. Increase personal income tax rates.

Why have economists identified a certain ratio of investment to GDP as a necessary condition for self-sustaining growth

Describe process reengineering and it’s affect on efficiency.

A pineapple pizza place is making pizza with a cost function c(y) =10+(y²)/2+3y where y is the number of pizza made .

a) Suppose the restaurant decides to make 10 pizzas, the average variable cost of making 10 pizza is: $_______

b) The marginal cost of the 10th pizza is: $_______

c) If the restaurant decides to make an additional pizza, the average variable cost will:

Explain the communication process, including the phases, roles, and various factors involved.

Describe the information richness of communication media.

Explain the Federal Open Market Committee’s choice to lower the Federal Funds Rate and how it impacts the economy. Describe how this action impacts bank reserves, how this changes the loanable funds market (be sure to mention interest rate and lending levels and use a supply and demand model if its helpful), and business and consumer borrowing and spending. You can assume that leakages are minimal.

Describe some limitations to the FOMC’s traditional monetary policy strategy.

Identify and briefly explain any three factor which influence interest rates set by commercial banks