1.Suppose that a firm in the US produces a good that requires $400 in labor cost and $250 in capital costs. The firm exports to Canada and the exchange rate is currently $1 US buys 0.8 Canadian...

1.Suppose that a firm in the US produces a good that requires $400 in labor cost and $250 in capital costs. The firm exports to Canada and the exchange rate is currently $1 US buys 0.8 Canadian dollars. If the firm is charging 550 Canadian dollars for the good in Canada, then the firm is making a profit in US dollars of$65$45$75$302.Using the simple deposit multiplier model, assuming the required reserve ratio is 5%, find exactly how much the FR Bank needs to raise reserves in order to get deposit accounts to increase by exactly $500,000. $15,000$5,000$25,000$150,0003. When the FR Bank buys $1 worth of securities in the open market, in the simple multiplier model total deposits ___ by ___ than $1. increase; lessincrease; moredecrease; lessdecrease; more