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3 years ago

The money multiplier formula _____.

Business

2 answers:

ANEK [815]3 years ago

5 0

determines the amount of new money that will be created with each demand deposit

Galina-37 [17]3 years ago

3 0

The money multiplier formula tells us the ratio of increase or decrease in the money supply that banks should generate corresponding to each dollar of reserves. This also tells the maximum amount the money supply could increase based on an increase in reserves within the banking system. The answer to this item is letter C.

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1. Why is it important for entrepreneurs to know their market?

tatyana61 [14]

Answer:

Entrepreneurs must know their market because the information is power in the business environment. An entrepreneur who has perfect information about their customer, competitors and suppliers will grow very fast.

Explanation:

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4 years ago

Read 2 more answers

Brenda says her assets are definitely greater than her liabilities. which explains whether brenda is correct? brenda is correct

yuradex [85]

Brenda is not correct because the total value of her assets could be less than the liabilities.

<h3>What are liabilities?</h3>

A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.

Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.

Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.

An obligation between two parties that has not yet been fulfilled or paid for is generally referred to as a liability.

Learn more about liabilities

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2 years ago

Amanda Green sold her property to Sally Fay. Amanda will retain title to the property until Sally has paid in full. What kind of

Lorico [155]

Answer: A land contract.

Explanation:

A land contract is a method of property sales where, the seller of the property, finances the sales of his property to the buyer, but keeps possession of the property until the buyer has completed payments on the property's purchase.

Land contract involves the buyer paying by installments for the property until full payment is made.

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3 years ago

Davidson Software Technologies believes in hiring only the best programmers in the industry. As a result, it uses a comprehensiv

Vladimir [108]

Answer:

The correct answer is C

Explanation:

HRM system is the system which is designed in order to automate the business process of human resource, compliance, transactions and payroll. This system allows the business to focus on the people through streamlining all the software workforce into the business intelligence solution.

Recruitment and selection is the procedure of identifying the requirement of job and defining the need of the position, advertising the position and selecting the appropriate person for the position.

Therefore, the recruitment and selection is the component of HRM system which uses the hiring procedure that comprise of testing and interviewing the professionals.

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3 years ago

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and

dusya [7]

Answer:

The answer is Letter A.

Explanation:

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is 37.9%______, which is __lower___ than that for the highest quintile of the U.S. income distribution in 2005.

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4 years ago