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Luba_88 [7]
2 years ago
5

If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money sup

ply will:_________
Business
1 answer:
sertanlavr [38]2 years ago
8 0

If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money supply will <u>decrease by a maximum of $100,000.</u>

<h3>What is Reserve Requirement?</h3>
  • The amount of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen withdrawals is known as the reserve requirement.
  • The central bank uses reserve requirements as a tool to alter the amount of money in the economy and affect interest rates.
  • Based on a portion of the cash that customers have on hand, banks lend them money.
  • In exchange for this power, the government imposes one obligation on them to maintain a minimum balance of deposits to cover potential withdrawals.
  • The reserve requirement is the amount that banks must hold in reserve and are not permitted to lend above.

To learn more about reserve requirement with the given link

brainly.com/question/17348419

#SPJ4

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In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra
Aleks04 [339]

Answer:

A. $74,000

Explanation:

Since in this question, Tiffany is retired so we have to find the new ratio which is shown below:

As Tiffany take the shares of both the partners in 3: 2

So, the new ratio would be

Ron share = (3 ÷ 5) × (1 ÷ 6) = 3 ÷ 30

Stella share = (2 ÷ 5) × (1 ÷ 6) = 2 ÷ 30

So the ratio would be 3: 2

The 1 ÷ 6 is the Tiffany ratio

Now the balance after Tiffany withdraws from the partnership equals to

= Paid amount by Tiffany - Tiffany capital  

= $60,000 - $50,000

= $10,000

Ron's given amount = ($10,000 × 3 ÷ 5) = $6,000

So, Ron's capital balance equals to

= Ron's capital - Ron's given amount

= $80,000 - $6,000

= $74,000

6 0
3 years ago
Give examples of changes in economy and culture occurring at global and local scales
sattari [20]
A local example of changes in economy and culture is the case of the Lower Nicola Indian Band in Merritt, BC Canada. In the town of Merritt, it is very A obvious that the First Nations people are in the mainstream of the local society as they are seen everywhere, ie working at McDonald's and at the local 7-11 for example. In the past it would have been mostly white people in these jobs. Also, at an Open House of the above Indian Band inviting all consultants and people with industrial activity on their land, they had a booth for their members who work at preserving their culture and traditional language. 
On a global scale, in Latinamerica in the last 20 years there has been a revolution in the type of governments that the people have won in countries like Venezuela, Ecuador, Bolivia,  El Salvador and Nicaragua for example. These governments control the economy to benefit primarily the vast majority of the poor people and help lift them out of poverty. Culturally, they show reverence for their heroes of the past  like Simon Bolivar in Venezuela, for example.

4 0
3 years ago
Which occupation in the architecture and construction industries is expected to have a slower than average job growth? carpenter
Goshia [24]

Answer:

Boilermakers

Explanation:

Boilermaker are individuals who are into making boilers or large containers that is meant for housing or keeping liquid or gases such as oil or gas. They are involved in fabrication of steel, iron or copper into boilers. There job roles can involves repairs as well.

However, according to Bureau of Labor Statistics, the job growth of Boilermaker is 6%, and with the closure of most Coal Fired power plants in the coming decade, there is going to be lesser demands for boilermaker.

Specifically in building construction, gas boilers are expected to be replaced by low carbon heating system in all new homes, in the near future, this will gradually reduce demand for boilermakers.

Also, considering the increase in energy sector, trying to move away from crude oil to renewable energy such as solar, there will be lesser demand for boilermaker.

7 0
3 years ago
On December 28, 2021, Videotech Corporation (VTC) purchased 12 units of a new satellite uplink system from Tristar Communication
andrew-mc [135]

Answer:

$258,720

Explanation:

On January 6, 2022, VTC will pay the discounted amount of $258,720 because he paid the said obligation within the discounted period of 10 days based on the contract. Computation of said amount are as follow;

First, compute the gross amount

$22,000 x 12 units = $264,000

Second, compute the discount

$264,000 x 2% = $5,280

Lastly, deduct discount from the gross value to get the net amount of payment

$264,000 - $5,280 = $258,720 (ANSWER)

8 0
3 years ago
A semiprofessional baseball team near your town plays two home games each month at the local baseball park. They split the conce
GenaCL600 [577]

Answer:

41 tickets per game

Explanation:

The team's fixed monthly costs are:

$1,000 (wages and salaries) + $100 (municipal fee) = $1,100 per month

Since the team plays at home twice a month, the fixed costs allocated to each game are $550 (= $1,100 / 2).

Contribution margin per person = $10 (ticket price) + $3.50 (1/2 of concession stand's revenue) = $13.50

Break even point = fixed costs / contribution margin = $550 / $13.50 = 40.7 tickets which must be rounded up to 41 tickets per game

4 0
3 years ago
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