Answer:
Actual reserve ratio = Money that bank holds per deposit
= 10 / 100
= 10%
Desired reserve ratio = Money banks wants to hold per deposit
= 9 / 100
= 9%
Excess reserves = Actual reserves - desired reserves
= 12,000 - 7,000
= $5,000
The main mechanism that regulates the market system is the
government. It is because they are the one that sets up and regulates the
system and allows the mechanism of the system to continue as the government is
the one that enforces and controls the demand and supply in the market system.
Answer:
D. Level of optimism about the future
Explanation:
According to 2005 study of high school students in Wisconsin, the primary motivator today for high school students' decision to participate in community or service work is the edge it gives them during college admission. Students see community service as a mean of enhancing their eligibility for college admission, because it is one of the criteria that college admission committee consider during admission process.
Answer:
$0.745
Explanation:
GIven that
Current stock price 
= $40
strike price X = $50
time to expiry of option = 3 - month
put price option 
= $11
call price option 
= $1
and the risk-free rate r = 6%
The amount that can be made on the arbitrage can be evaluated as a function of the Put-call parity.
i.e For parity ;
50.255 = 51
the difference in both values above illustrates that there is no parity taking place and the arbitrage estimation here = 51 - 50.255 = $0.745
