Suppose the federal reserve conducts an open market purchase of $100 million by purchasing treasury securities from the bank of morrisland. assume that required reserve ratio is 10%. also assume that currently the bank of morrisland does not hold any excess reserves (i. e. the amount of reserves held by it=10% of its deposits).
1. what would be the effect on the money supply in each of the following situations?
(a) there is only one bank (the bank of morrisland) and the bank decides not to make a loan with the excess reserves.
(b) there is only one bank (the bank of morrisland), and the bank decides to make a loan for the full amount of its excess reserves. (assume that once the loan is made, it does not create any further deposits.)
(c) there are many banks, all of which make loans for the full amount of their excess reserves.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Describe the three different ways the argument section of a cover letter can be formatted

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: