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Tatiana [17]
2 years ago
7

Suppose that you deposit $4,500 in your bank and the required reserve ratio is 18 percent. the maximum loan your bank can make a

s a direct result of your deposit is:___________
Business
1 answer:
NNADVOKAT [17]2 years ago
6 0

Suppose that you deposit $4,500 in your bank and the required reserve ratio is 18 percent. The maximum loan your bank can make as a direct result of your deposit is 3690.

<h3>What exactly is a bank loan and the required reserve ratio?</h3>
  • A loan is a quantity of money that one or more people or businesses obtain from banks or other financial organizations in order to handle their finances in connection with anticipated or unforeseen circumstances.
  • By doing this, the borrower creates a debt that must be repaid with interest within a predetermined time frame.
  • The percentage of deposits that authorities mandate a bank maintain in reserves and refrain from lending out is known as the required reserve ratio.
  • If the required reserve ratio is 1 to 10, a bank can only lend out $0.90 of every dollar it has on deposit, but it must retain $0.10 in reserves.

Hence, The maximum loan your bank can make as a direct result of your deposit is 3690.

To learn more about the loan, refer to the following link:

brainly.com/question/25599836

#SPJ4

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_____ is defined as the connection between an entrepreneur's skills, understanding of an industry, and the ability to create a c
Svetlanka [38]

Answer: Synergy

Explanation:

Synergy can be defined as a state in which two or more things work together in a particularly way that produces an effective result.

Synergy involves bringing so many parts together to achieve results.

Synergy refers to the achievement produced as a result of combined action or co-operation.

The results produced by synergy might be multiple of actions or skills directed to the event in a positive way.

3 0
3 years ago
Which one of these is NOT collaboration?
Mazyrski [523]

Of all the items relating to collaboration, Independent practice is the odd one out as it is not one of the methods of collaboration.

See the explanation bellow

<h3>What is collaboration?</h3>

In simple terms, collaboration is a way of working with one or more persons on a project or a task, in essence, it reflects team work and team spirit encourages efficiency and good work output.

When a team consists of team members who collaborate effectively, one member can cover up for the shortcoming or the other.

Learn more about the collaboration here:

brainly.com/question/24345164

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7 0
2 years ago
Jack works for Red, Blue and Green CPAs. Each year Red, Blue and Green asks Jack to fill out a form indicating all of his financ
sasho [114]

Answer:

1.Immediate Family:

Spouse

Dependent Child

Dependent Parent

Spouse Equivalent

2.Close Relatives:

Sister

Brother

Father

Mother

Grand Father

Independent Child

3.Other Relatives and Friends:

Niece

Nephew

Cousin

Golf Partner

College Friend

Roommate

Explanation:

AICPA code of professional conduct are standards that are followed by CPA professionals.  It is important and necessary for CPA professionals to understand the rules and standard of professional guidance and abide by them. There are two major sections of Code of Professional Conduct:

1. Rules

2. Standards

Rules are enforceable and required to be followed. Standards are the guidance which helps to make decision in certain situations.

8 0
3 years ago
In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
Nat2105 [25]

Answer:

The answer to this question is  (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.  

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good  

Hence the answer is the third option, Labour, Labour intensive

5 0
3 years ago
Rage, a leading motor vehicle manufacturer, introduces a new superbike model. it invites proposals from independent dealers who
uysha [10]
<span>This is most likely an example of a franchise opportunity. It could also be considered to be a hybrid type of franchise where the indepenent dealers have more leeway in how the business looks and how it is run. This would be a win/win for many independent dealers as the would still be making most of the local decisions.</span>
6 0
3 years ago
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