Why would the banks in the United States in the mid-1800s have used a gold and silver standard? Select the best answer from the choices provided.
OA. People would not trust paper money if it were not backed up by something that had real value.
OB. It was more secure against theft than paper money because it weighed too much for a thief to carry away.
C. The gold rush and some rich silver mines meant there was a lot of gold and silver available.
D. Federal law required that all money had to be backed by gold and silver.

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

What role do business cycles play in a market economy