Answer: The deposit-creation potential of the banking system is $500 million.
Explanation: To solve: take the money that the banking system has in excess reserves $50 million and multiply it by the reserve ratio of 10%. $50,000,000 x 10 = $500,000,000
B. Is the correct answer to this question.
Answer:For every football game there is a team that is expected to win by a certain number of points. In betting parlance, this is called the spread. If point spreads are accurate, we would expect about half of all games played to result in the favored team winning (beating the spread) and about half of all games to result in the team favored to not beat the spread. The accompanying data represent the results of 45 randomly selected games where a 0 indicates the favored team did not beat the spread and a 1 indicates the favored team beat the spread. Do the data suggest that sport books establish accurate spreads?
Explanation:
Answer:
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Explanation:
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We only know about extinct groups like dinosaurs, ammonites and trilobites through fossils. Some animals and plant are only known to us as fossils. By studying the fossil record we can tell how long life has existed on Earth, and how different plants and animals are related to each other.