Answer:
no it is not bad to have hair painted on the id
Answer:
B) reserves lost by any particular bank will be gained by some other bank.
Explanation:
Banks "create" money when they make loans or buy securities from private parties. This money creation is the result of the money multiplier = 1 / reserve ratio.
This money creation process is not affected by which specific bank may hold the deposits, since money withdrawn from a bank will end up in another bank. The money multiplier applies to the whole banking system, not just an individual bank or group of banks.
This is an example of ''An implicit or social contract not to cut wages''
What this means is that if the company wanted, it could have freely cut the wages of their workers.
However, there is an 'unwritten contract' or a gesture of the company towards it's workers, which helps to develop trust and improve morale
Answer:
rate of return 9.22%
Explanation:
15% return on fund value - 2.4% fund expenses = 12.6% net fund gain
then, the shares were purchased with a loan which required to paiy 3% of interest up-front
therefore, we didn't invest 100% of the loan but 97%
0.97 x .126 = 0,12222
now, we subtract the 3% paid of interest:
.1222-0.03 = .0922 = 9.22%