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2 years ago

Suppose that the required reserve ratio is 10 percent and you withdraw $25,000 from Comerical Bank.

Business

1 answer:

exis [7]2 years ago

4 0

The total decrease in deposits in the banking system is $250,000.

<h3>What is total decrease in deposits?</h3>

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves.

Decrease in deposits = amount withdrawn / required reserve ratio

$25,000 / 0.1 = $250,000

To learn more about reserve ratio, please check: brainly.com/question/6831267

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The Presley Corporation is about to go public. It currently has aftertax earnings of $6,500,000, and 3,000,000 shares are owned

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Answer:A. Net proceed $13,700,000

($20*700,000)-$300,000

B. Earnings per share $2.17

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C. Earnings per share $1.76

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3 years ago

You are provided with the following information for Sandhill Co., effective as of its April 30, 2022, year-end.

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Answer:

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For the Year Ended April 30, 2022

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2 years ago

What three words would you use to describe the culture you would foster at your company? Explain why you chose each word to repr

diamong [38]

The words are
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3 years ago

If the supply of a product increases, then we would expect equilibrium pricea.to increase and equilibrium quantity to decrease.

azamat

Answer:

The correct answer is option d.

Explanation:

An increase in the supply of a product will cause the supply curve to shift to the right. This rightward shift will cause the demand curve and supply curve to intersect at a lower price.

This will cause the quantity demanded of the product to increase and the price of the product to decrease.

A decrease in the supply will cause the quantity demanded to decrease and price to increase.

The effect of supply increase is indicated through the given figure.

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3 years ago

Worth 20 points:)

dexar [7]

The act that created a “pay-as-you-go” system that requires Congress to raise enough revenue to cover increases in direct spending

B. the 1990 Budget Enforcement Act

Question2 Every hour, the federal government spends about

B. $250 thousand

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The act came as a response to the impending recession the western markets in the 1990 fiscal year which was to hit USA particularly hard. This came as a result of and in contrast with many conservative measures taken by the President George W Bush Sr up until that point.

The president had been saying till then that the opposition and the population could read his lips that there will not be new taxes.

It did happen though as this law allowed the government to increase taxation rates to cover governmental spending.

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3 years ago

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