Given:
Reserve requirement = 10%
Deposit = $5400
Find:
money the supply could expand = ?
Solution:
Money Supply =
Monetary Base × Money Multiplier
Before we determine the money supply, the money multiplier must
already be determined. Therefore:
$5400 (0.10) = $540
In this case, adding the two will give us the money supply
$5400 + $540 = $5940
Nevertheless, not all money is lent out or spent. Kept money
reduces the money supply.
The restrain to the growth of the money supply when deposits
expand are identified by 2 factors:
1.
The amount above (excess reserves) what they are
required to hold are being kept.
2.
Their income rises as the public has the
penchant to hold more cash as their income.
The second statement is correct. x represents the hours logged, so there were four hours logged. y represents the number of laptops built, so there would be 15 built.
(x, y) ——> (4, 15)
Answer: 28
Step-by-step explanation: Im taking the same class here is a photo of the work, divide 56/2 than you get 28
Answer:
The sum of all of the interior angles can be found using the formula S = (n - 2)*180.
Answer:
your going to do super good and get %100
Step-by-step explanation:
