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scoundrel [369]
4 years ago
11

Suppose you have $10,000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for fu

ture use. If the required reserve ratio is 10%, what will be the maximum impact on money supply today as a result of your action?
Business
1 answer:
trapecia [35]4 years ago
8 0

Answer:

The Money supply will decrease by $4,500

Explanation:

What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.

Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.

Hence, you can easily calculate the effect by using the simple money multiplier.

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The project management institute initially published the _________ to address the need to bridge the gap between organizational
Zigmanuir [339]

The project management institute initially published the Organizational Project Management Maturity Model (OPM3).

<h3>What is management?</h3>

Management refers to the group of people working together in order to achieve the common goals of the organization. It involves certain activities such as planning, organizing, directing, staffing, commanding and controlling.

Organizational Project Management Maturity model,  which implies that procedures centered on a single discipline. The five-step approach covers fundamental to advanced procedures.

It bridges the gap between the organizational strategy and successful projects.

Learn more about project management here:

brainly.com/question/14488746

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4 0
2 years ago
Tyron is saving up money for a down payment on a motorcycle. He currently has $5648, but knows he can get a loan at a lower inte
Scilla [17]

Answer:

monthly  time  = 1.966

Explanation:

given data

final amount = $6355

initial principal = $5648

rate = 6 %

solution

we get here time by this formula

amount = principal × (1+r)^{t}    ............1

put here value and we get time t

6355 = 5648 × (1+\frac{0.06}{12})^{12\times t}    

1.125 = (1.005)^{12\times t}  

take ln both side

ln 1.125 = ln  (1.005)^{12\times t}  

0.1177 = 12 × t × 4.9875 × 10^{-3}  

monthly  time  = 1.966

4 0
4 years ago
A company pays a constant 6.5 dividend on stock. The dividend will maintain for the next 12 years and cease forever. The require
zalisa [80]

Answer:

$46.31

Explanation:

Calculation to determine the current share price

Using this formula

Current share price=6.5*Present value of annuity factor(9.1%,12)

Present value of annuity=Annuity*[1-(1+interest rate)^-time period]/rate

Let plug in the formula

Current share price=6.5*[1-(1+0.091)^-12]/0.091

Current share price=6.5*[1-(1.091)^-12]/0.091

Current share price=6.5*7.124793

Current share price=$46.31

Therefore the current share price will be $46.31

6 0
3 years ago
A certain town in the Midwest obtains all of its electricity from one​ company, Northstar Electric. Although the company is a​ m
Phantasy [73]

Answer:

False

Explanation:

Monopoly production will lead to a lower output at a higher price compared to the competitive production sice a smaller amount of service is produced and sold at a higher price. So it doesn't make sense to charge a monopoly price.

4 0
4 years ago
Compared with men, women would probably be better at
attashe74 [19]
According to psychologists, compared with men, women are better at detection people's true emotions and they show more empathy.
7 0
3 years ago
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