Answer:
<u><em>24</em></u>
Step-by-step explanation:
Answer:
Option D.
Step-by-step explanation:
The total stock of currency and other liquid instruments circulating in the economy of a country as of a particular time is known as money supply.
If the reserve requirements of banks is least then banks are able to loan more money, that will increases the overall supply of money in the economy.
In 100% reserve banking system, 100% amount of each depositor's funds would be required to keep by bank for immediate withdrawal on demand.
100% reserve banking system is also known as Full-reserve banking system.
It means, if a customer deposits $100 of currency into a bank with 100% reserve banking system, then the money supply remains the same.
Therefore, the correct option is D.
<span>Data:
infinite geometric series
A1
= 880
r = 1 / 4
The sum of a geometric series in sigma
notation is:
n 1 - r^n
∑ Ai = A ----------- ; where A = A1
i = 1 1-r
When | r | < 1 the infinite sum exists and is equal to</span><span><span>:
∞ A
∑ Ai = ---------- ; where A = A1
i = 1 1 - r</span>
So, in this case</span><span><span>:
∞ 880
∑ Ai = -------------- = 4 * 880 / 3 = 3520 /3 = 1173 + 1/3
i = 1 1 - (1/4)</span> </span>
Answer: 1173 and 1/3
Our parabola open downward and therefore a is negative.
Explanation:
As value of a changes from positive to negative or from negative to positive, the direction of opening changes. For negative values of a we got negative parabolas that open downward. As the original formula y = x^2 we see that x^2 will always be positive because when you square a number it always gives positive value. Therefore the direction for which it will open, depends on value of a.
