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mote1985 [20]
2 years ago
13

An increase in the banking system's willingness to lend will cause the money multiplier to:______.

Business
1 answer:
Novay_Z [31]2 years ago
4 0

The money multiplier will rise as the banking system's propensity to lend rises.

Gain in the Money Multiplier.

  • Loans are how banks make money. To increase interest earnings, a bank lends or invests its excess reserves.
  • The money supply grows by more than one dollar for every $1 rise in the monetary base.

The money multiplier is the expansion of the money supply.

<h3><u>What does the term "money multiplier" mean?</u></h3>
  • You can find out how much money banks make with each dollar of reserves by using the money multiplier. Finding the reserve ratio is the first step in obtaining the money multiplier.

The reserve ratio is just the reciprocal of the money multiplier.

To learn more about Money Multiplier, Click the Links.

brainly.com/question/14986591

brainly.com/question/14223065

#SPJ4

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According to the article, which of the following components of the ACA would
bonufazy [111]

The option of  the components of the ACA that would not put upward pressure on health insurance costs to consumers is a lack of competition in health insurance markets.

<h3>What is the Affordable Care Act?</h3>

This is known as an Ct that came to being in 2010, the time when the Patient Protection and Affordable Care Act (ACA) was said to be passed.

The Act covers provision of health insurance to people that is not currently covered and to lower the costs in all of U.S. health care system.

When there is no competition in health insurance markets, upward pressure is not place to deliver affordable health insurance.

With low-income consumers receiving

new subsidies to pay for health insurance, and with insurers having to cover new patients with preexisting conditions that often require expensive treatment, one should

expect that more services would lead to higher costs.

Economic theory suggests that increasing the level of

competition in the insurance market could decrease

monopolistic practices and reduce costs to consumers.

Based on market concentration data, the United States

See full options below

According to the article, which of the following components of the ACA would likely not put upward pressure on health insurance costs to consumers?

a. Insurers covering preexisting conditions that often require expensive treatment

b. A lack of competition in health insurance markets

c. Incentives for more consumers to own health insurance policies

d. All of the above

Learn more about  health insurance from

brainly.com/question/1941778

4 0
2 years ago
How does investing in successful business ideas earn you money?
xxMikexx [17]
They are earn money by working hard and believe if in your self
5 0
3 years ago
Read 2 more answers
You just purchased some equipment that is classified as five-year property for MACRS. The MACRS rates are .2, .32, .192, .1152,
Deffense [45]

Answer:

b. $62,784

Explanation:

Depreciation is the expense of an asset due to physical wear and tear of the equipment.

Book value is the net of depreciation value. It is calculated after deducting the accumulated depreciation from the cost of the asset.

MACRS  = Cost x MACRS rate for the year

Year     MACRS    Depreciation    Balance

  0                                                  $218,000

  1            0.2           $43,600        $174,400

  2           0.32          $69,760       $104,640

  3           0.192        $41,856        $62,784

Opening Book value of next year is actually the closing book value of prior years.

7 0
3 years ago
Read 2 more answers
People in a certain group have a 0.60​% chance of dying this year. If a person in this group buys a life insurance policy for ​$
Nonamiya [84]

Answer:

Explanation:

The expected value is calculated by using the probability of each event. If the chance of dying is 0.60% then the chance living is 99.40%. The expect value formula is:

∑[(xi)*P(xi)] (for all i events).

In this problem we have two events: live or die. If the person dies the family receives $1,000,000 (X1=$1,000,000) and if the person lives the family receives $0 (X2=$0). The probability of receiving $1,000,000 is 60% (P(x1)=0.006) and the probability of receiving $0 is 99.40% (P(x2)=0.994)

Using the formula the expected value of the policy (without the insurance cost):

$1,000,000* (0.006)+ $0*(0,994)= $6,000

If we subtract the insurance value:

$6,000-$5,500= $500

5 0
4 years ago
Andrews Company accepted a note receivable from a credit customer who failed to pay their $2,000 Accounts Receivable balance. Th
Darina [25.2K]

Answer:

The journal entry which is to be recorded for the dishonored note is shown below:

Explanation:

The journal entry which is to be recorded for the dishonored note is as follows:

Accounts Receivable A/c..............................Dr $2,075

       Notes Receivable A/c...................................Cr $2,000

       Interest Revenue A/c......................................Cr $75

Being the note which is received got dishonored

As the note got dishonored so the accounts receivable account will be debited against the notes receivable account and the account of interest revenue is also credited.

Working Note:

Interest revenue = Amount of notes receivable × Rate  × Months / Total number of months

= $2,000 ×5%  × 9/12

= $75

6 0
3 years ago
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