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kifflom [539]
1 year ago
14

Look at the scenario money creation. how much of the $1,000 deposit is the bank required to keep in reserves?

Business
1 answer:
madam [21]1 year ago
3 0

The quantity of the $1,000 deposit is the bank required to keep in reserves is 20%.

<h3>What is a reserve deposit?</h3>

A reservable deposit would be any bank deposit subject to bank reserves established by the Federal Reserve Bank of the United States.

Some key features of reserve deposit are-

  • Through the mechanism of fractional reserve banking, such a deposit could be used in part as a loan.
  • The remaining portion, as established by the Fed's bank reserves, must be kept by bank & made available for prompt withdrawal upon request.
  • A reservable bank is a banks deposit that is subject to the reserve requirement guidelines of the Federal Reserve.
  • Transaction (checking) savings account, savings accounts, as well as non-personal time deposits are all examples of reservable deposits.
  • Sweep accounts, often known as money market funds, is non-reservable deposit account that generate a greater rate of interest than reservable deposit accounts.

To know more about the reservable deposit, here

brainly.com/question/13758092

#SPJ4

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Answer:

Prototype

Explanation:

-Commercialization refers to introducing a product to the market.

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-Protocol is a document that helps all the departments involve in the development of the product to coordinate the job.

-Prototype is an initial model of a product that is created to evaluate a concept.

According to this, the answer is that in the development stage, GoPro engineers and designers use a 3-D printer to turn an idea into a product prototype.

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Article 2 of the Uniform Commercial Code simplified and streamlined commercial transactions involving the sale of goods. Which e
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Complete Question:

Article 2 of the Uniform Commercial Code simplified and streamlined commercial transactions involving the sale of goods. Which element of traditional contract law formation was modified or relaxed by the UCC?

a.         Requirement of consideration for contract modifications.

b.         Offers must have reasonably certain and definite terms to be valid.

c.          The terms of the acceptance must exactly match those of the offer (“mirror image rule”).

d.         All of the above.

Answer:

The element of traditional contract law formation that was modified or relaxed by the Uniform Commercial Code (UCC) is:

c.          The terms of the acceptance must exactly match those of the offer (“mirror image rule”).

Explanation:

The "mirror image rule" specifies that when a contract offer is accepted, the terms must be the same as those in the initial offer.  However, Article 2 of the UCC modified this "mirror image rule" by specifying that the offeree's acceptance is based on the offeror's terms unless otherwise specified by the offeree.  Any additional terms are regarded as some proposed additions and do not become part of the contract unless both parties are merchants.

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An investment will pay $50 at the end of each of the next 3 years, $200 at the end of Year 4, $400 at the end of Year 5, and $50
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Answer:

Present value=Cash flows*Present value of discounting factor(rate%,time period)

=50/1.07+50/1.07^2+50/1.07^3+250/1.07^4+400/1.07^5+600/1.07^6

=$1006.94(Approx)

Future value=1006.94*(1.07)^6

=$1511.14(Approx).

Explanation:

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

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Question 7
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Question 7
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