Answer:
which language is this? or is it just nonsense?
Answer:
The correct answer is B) vault cash plus deposits with Federal Reserve banks minus required reserves.
Explanation:
Excess reserves refer to capital reserves held by a financial institution or institution in addition to what is required or regulated by regulatory entities or other internal controls in the countries. This practice allows them to handle external situations that affect the market, or allocate it to other items to generate profitability.
Collective Goods basically mean that everything that exists (at least where it is practiced) is shared with everyone! From food to blankets and other household necessities. Whilst Private goods are goods YOU privately own and can be shared, but at your choice otherwise its just yours.
B. an increase in lost sales
Answer:
gain of $10,000
Explanation:
The gain or loss that Tradewinds will have is the difference between the trade-in amount and the basis minus accumulated depreciation:
gain / loss = trade-in amount - (basis - accumulated depreciation) = $60,000 - ($600,000 - $550,000) = $60,000 - $50,000 = $10,000
since the result is a positive number, it is a gain
