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liubo4ka [24]
2 years ago
14

Calculate the reserve requirement if the money multiplier is equal to 14 and banks hold no excess reserves and consumers hold no

cash. Round your answer to the nearest thousandth.
Business
1 answer:
Andrew [12]2 years ago
7 0

The reserve requirement given the  money multiplier is 7.143%.

<h3>What is the money multiplier?</h3>

The money multiplier is the total increase in money supply given the reserve requirment. Reserve requirment is the percentage of deposits required by banks to be kept as reserves.

Reserve requirement = 1 / money multiplier

1/14 = 7.143

To learn more about money multiplier, please check: brainly.com/question/25812353

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B

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Answer:

Direct Cost.

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As Newtech Inc. has hired John for the position of a software programmer to work on their new project. Salary paid to John by Newtech Inc. would be direct cost. Direct costs are the costs which can be tied directly to the manufacturing of products and services and they can be traced very easily as well. Labor cost, commissions, manufacturing supplies, direct material are the direct costs which can traced back to the manufacturing products quite easily.

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3 years ago
Bagrov Corporation had a net decrease in cash of $14,500 for the current year. Net cash used in investing activities was $56,500
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c. $84,500 provided

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Based on the segment income statement below, Chips, Inc. is considering eliminating its Barbecue Division line. Revenue from Bar
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Mortgage loans made to borrowers with normal credit quality, but who lack the necessary documentation of their financial circumstances typically needed to meet conforming mortgage standards would most likely be considered  alt-A loans.

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Thus the answer will be Alt- A loans.

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