Answer:
500 divided by 2/3 = 500 * 3/2= 750
Explanation:
You have to interchange the fraction 2/3. The denominator becomes the numerator and vice versa.
2/3 becomes 3/2
500 divided by 2/3 = 500 * 3/2
500 divided by 2/3 = 750
500* 3/2 is the same as 500 x 1.5 = 750
Answer: A) Business.
I hope this helped :)
Answer:
Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.
Explanation:
if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:
increase in money supply = additional funds x money multiplier
- money multiplier = 1 / reserve ratio = 1 / 50% = 2
- desired increase in money supply = $1 million
$1,000,000 = additional funds x 2
additional funds = $1,000,000 / 2 = $500,000
The answer would be B as government regulations are put in place to protect employee's and customer's rights
Answer:
Explanation:
final loan amount = $18,455.86
so correct option is c. $18,455.86
Explanation:
given data
loan = $18000
rate = 10%
time = 3 months
to find out
total amount that Rahul owes the bank at the end of the loan
solution
we know that number of day in 3 months is
number of day = 3 ×
number of day = 91.25 days
loan rate =
loan load = 0.00027397
now final loan amount will be
final loan amount = loan amount ×
final loan amount = $18000 ×
final loan amount = $18,455.86
so correct option is c. $18,455.86
