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denis-greek [22]
3 years ago
12

The only liability of the bank is deposits that households keep at the bank.The only two assets of the bank are the loans it ma

kes out and the reserves it keeps.Banks are profit maximizers and keep only the required reserves (i.e. excess reserve = 0)When loans are made, households will redeposit this loan in their checking accounts and use checks.The reserve ratio is 20%.
Business
1 answer:
Arisa [49]3 years ago
6 0

Answer:

The banking industry is one of the fast growing industry globally.

The major liability of the bank is the total deposit made by various individual, household, and firms.

The basic assets of a bank is the loan it lend out to its customers and the reserve it keeps with the the central bank. For instance, in Nigeria, all commercial banks are expected to be #25 billion naira with the central bank of Nigeria.

Banks are profit maximize, each banks constitutes its management with well-trained finance practitioners who specializes in wealth maximization. The bank keeps minimum reserve for profit maximization.

Explanation:

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Edmund must pay $6 each for punk rock video cassettes, ????. Edmund is paid $24 per sack for accepting garbage, ????, and his re
Reil [10]

Answer:

The equation for Edmund's budget line is 6C - 24G = 48

Explanation:

A budget line shows all possible combinations of two commodities that a consumer can buy at a given income level and at given market prices of commodities. The equation of the budget line is as follows.

M = (Px).X + {Py).Y where

M = Income

Px = Price of commodity X

X = Units of commodity X purchased

Py = Price of commodity Y

Y = Units of commodity Y purchased

In this question, Edmund's income is $48. Let C represent the units of punk rock video cassettes that he buys. Each one costs $6.

In addition, rather than spending on another commodity, he earns $24 per sack for accepting garbage. Let G represent the number of garbage sacks he accepts. Putting these values in the above equation, we have:

48 = 6C - 24G

Rearranging the equation, we have the final answer, which is:

6C - 24G = 48

7 0
3 years ago
Why do employers prefer employees with good work ethics? A. because an employee with good work ethics will always be a team play
ivann1987 [24]

D. because an employee with good work ethics can prove to be an efficient resource overall ( because its common sense)

5 0
3 years ago
An agreement between two adults to pay $300 cash for a bicycle is an example of a contract that is
SIZIF [17.4K]
The answer is a valid contract. A valid contract occurs when both parties has expressed or had shown agreement when engaging to certain services or products as means of showing that they both have negotiate and came to an understanding of agreement with what they are pertaining to in which is shown above as the adults involved has an agreement of paying the bicycle that shows a valid contract.

5 0
3 years ago
Kameron, Candice and Leo were members of an LLC, Printing Unlimited, LLC (PU). They leased a digital printing press for their co
dybincka [34]

The requirement of Kameron, Candice, and Leo should be for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

The information related to the pledged asset is as follows:

  • A pledged asset is a valuable possession that could be transferred to the lender in order to secure the debt or a loan.
  • The pledged asset should be considered as collateral that could be held by a lender and in return, it is for lending the funds.
  • Also, it can decrease the down payment that should be needed for the loan along with this if there is any change in the interest rate so the same should be decreased.

Therefore we can conclude that, the requirement done by these three people is needed for pledging the personal assets in order to give the guarantee for the payment obligations with respect to the PU.

Learn more about the LLC here: brainly.com/question/1214636

8 0
2 years ago
NOVA Chemicals is a plastics and chemical company whose products are used in a wide variety of applications, including food and
telo118 [61]

Answer:

a) targeting.

Explanation:

Targeting -

It refers to the marketing strategy , where some selected or specific type of people are targeted to market the goods and service produced , is referred to as targeting .

In the process of targeting , the people are distributed according to some specific characteristics .

Hence , from the given scenario of the question,

The correct option is a) targeting .

3 0
3 years ago
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