In Macroland,currency Held by the Public Is 2000 Econs,bank Reserves

question 119

Multiple Choice

In Macroland,currency held by the public is 2000 econs,bank reserves are 300 econs,and the desired reserve-deposit ratio is 15%.If the central bank prints an additional 300 econs and uses this new currency to buy government bonds from the public,the money supply in Macroland will increase from _________ econs to ________ econs,assuming that the public does not wish to change the amount of currency it holds.

• A) 2,000;2,300
• B) 2,300;2,600
• C) 2,645;2,990
• D) 4,000;4,300
• E) 4,000;6,000

Understand the concept of unrealised profits and losses within intragroup transactions and their implications for consolidated financial statements.

Learn how to calculate and eliminate unrealised gains and losses on intragroup transactions during consolidation.

Recognize the necessity of deferred tax assets and liabilities in intragroup transactions and how they're calculated.

Understand current accounting regulations regarding the disclosure of gains and losses on the disposal of non-current assets.

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Definitions:

Empirical Data Collection

The process of gathering information by direct or indirect observation or experience, without theoretical speculation.

Statistical Testing

A mathematical procedure to determine if there is a significant difference between groups or conditions in a study.

Convergent Validation

A method in research where different approaches are used to collect data on the same subject, enhancing the reliability of the findings.