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Juli2301 [7.4K]
3 years ago
7

True or false? conversion optimization is not an iterative process.

Business
2 answers:
alisha [4.7K]3 years ago
7 0
False.  Conversion optimization is not an iterative process. The answer is false because a conversion optimization is an iterative process. An iterative process is used to calculate the mean of repetitive cycle of operations. As the number of iterations increases, it should be convergent to the desired optimization.  
nydimaria [60]3 years ago
7 0

The correct answer is:

False


Source and explanation:

https://www.certificationanswers.com/en/true-or-false-conversion-optimization-is-not-an-iterative-process/

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A bank currently has $50 million in deposits, $6 million in cash in the vault, $4 million on deposit with Fed, and $5 million in
yuradex [85]

Answer:

A) $800,000

Explanation:

Since the current reserve ratio is 20%, and the bank has no excess reserves, then the maximum it can lend if it receives $1 is $800,000.

The bank has currently $50 million in deposits and $10 million in reserves ($6 million in cash and $4 million in the Fed), so its reserves are exactly 20% of its total deposits. So if any new deposits are received, the bank will have to keep as reserves 20% of it (= $1,000,000 x 20% = $200,000).

This type of banking system is called the fractional banking system because banks are only required to keep a fraction of the money they receive as deposits and they can lend the rest to other clients.

8 0
3 years ago
Question 3 (1 point)
Neporo4naja [7]

Answer:

Bank tellers are responsible for handling customer financial transactions like deposits, withdrawals, transfers, money orders, and checking. ... A bank teller's duties also may include counting cash, answering phones, filing deposit slips and paperwork, managing ATM deposits, and balancing numbers at the end of the day.  umm sooo true I think.

Explanation:

5 0
3 years ago
Why would a large crop surplus be a problem for farmers? A. Surpluses are destroyed by the government. B. Surpluses drive down p
Vladimir79 [104]

Answer:

The answer is b. Surpluses drive down prices

Explanation:

If you have a large volume of crops, it would not drive up the price simply because there is not a lot of demand for the crop. In that sense, both c and d (even though d is relevant to the equipment) are incorrect. If there is a lot of surplus, farmers will have to lower their prices in order to sell it. They lose in profit which is why large crop surplus are a problem for farmers.

3 0
3 years ago
Smith buys and sells equity securities. On December 15, 2021, Smith purchased $542,000 of Jones shares and elected the fair valu
zimovet [89]

Answer:

$46,000

Explanation:

We can find out the the revaluation gain that need to be reported at the year end by just deducting the the cost of the investment by its current fair value .

DATA

Fair value = 588,000

Cost = 542,000

Revaluation gain = Current fair value - Cost

Revaluation gain = 588,000 - 542,000

Revaluation gain = $46,000

The revaluation gain of $46,000 will be reported in other compreensive income of smith's financial statements.

4 0
3 years ago
Dairy Wishes, a local ice cream store, finds
iragen [17]

Answer:

d. perfectly elastic.

Explanation:

Demand is perfectly elastic if it at the current price, the product is sold out but if there is a change in price demand falls to zero. the demand curve is horizontal

Demand in perfectly inelastic if there is no change in quantity demanded regardless of the change in price.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

8 0
3 years ago
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