<span>Representative money is portable, durable, divisible, and acceptable.</span>
Answer:
See below.
Explanation:
To compute the change in money supply, we first calculate the credit multiplier,
Credit multiplier is calculated as,
Multiplier = 1 / reserve ratio
When the Bank of Tazi loans 10 million to bank while their reserve requirements stay the same, this additional 10 million will be loaned out and the total change in money supply would be
= 10 million * Multiplier
For example if the reserve ratio was 4% then the multiplier = 1 /0.04 = 25
Then the total change in money supply would be 10 * 25 = 250 million.
Hope that helps.
Terp Bank obtains a relatively large portion of its funds from conventional demand deposits as it creates many branches with many employees to attract demand deposits. Its interest expenses should be relatively low while its noninterest; expenses should be relatively high.
Option B
<u>Explanation:</u>
A withdrawal deposit is a banking or any other financial institution balance whereby the depositor may, without any notice or notification, remove the deposited funds from those in the account within seven days.
An example of demand deposits is checking accounts. We require the depositor to withdraw money at any moment. The volume of transactions a creditor is allowed on these transactions is infinite (even though each transaction might be paid by a bank).
For buyers, deposits of demand are essential because sometimes they house funds for daily expenses. Under no scenario, depositors could not purchase items on-demand without informing the bank first.
That which is used by a seller to deceive a buyer is: a. Bait and switch
Bait and switch is a tactic that is used by entrepreneurs to attract customers. They tell them to purchase a good at a low price.
However, when they come to buy, they are encouraged to buy a good that costs more.
So, in this way, the bait and switch tactics is used by sellers to deceive the buyers.
Learn more about the bait and switch tactics here:
brainly.com/question/981097
