1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IceJOKER [234]
3 years ago
13

Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the

bank lend?
Business
2 answers:
tatyana61 [14]3 years ago
6 0

Answer:

$1600

Explanation:

Deposit : $2000

Reserve ratio : 20%

Reserve amount : $400

Amount that can be lent : $1600

Reserve ratio is a central bank requirement  that a bank must retain a certain proportion of savings  in its reserve and not lent out or invest.This is necessary so that bank can always have the fund to meet sudden demand for withdrawals that might come up .It is also a way of managing excessive flow of money in circulation and guard against inflation.

irinina [24]3 years ago
3 0
It would be 1600 because the 20 percent keeps the bank from loaning the rest
You might be interested in
Cooley Landscaping Company needs to borrow ​$21 comma 000for a new​ front-end dirt loader. The bank is willing to loan the funds
kaheart [24]

Answer:

$ 4242.76

Explanation:

Annual payment = rP / (1 - ( 1 + r)^-n)

r = rate = 9.5%

P = the amount borrowed = $ 21000

n = number of years

Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) =  $ 4242.76

8 0
3 years ago
__________ is the manufacturing strategy that has the shortest / fastest lead time (i.e., the manufacturing strategy that will p
borishaifa [10]

Answer:

The answer that you need is: MTS

5 0
2 years ago
A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded
djverab [1.8K]

Answer:

A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded municipal airport. In order to be compensated for this loss, the owner could:

B.bring a suit alleging inverse condemnation

Explanation:

A law suit is a claim or legal problem taken to a court of law by an individual or organization rather than the authorities for a legal decision to be made. In the case above, the residential property diminished in value after constant noise of jets taking off from a recently expanded municipal airport. The loss in value is as a result of the recently expanded municipal airport and the property owner wants to be compensated for this loss.

In law, there are different terminologies and phrases that have specific meaning, some of them are as follows;

1. Inverse condemnation

Inverse condemnation is a case where a government entity takes private property or influences the value of that private property in one way or another then fails to compensate. In our case, this law suit can apply since the municipal airport is under the jurisdiction of the government and there action of expanding the airport caused a decline in value of neighboring residential property thus they should compensate the owner for this loss. The owner can bring a suit alleging inverse compensation.

3 0
3 years ago
In the context of investing, the term market refers to Select one:
Kamila [148]
The right answer for the question that is being asked and shown above is that: "d. the place where stocks, bonds, and securities are traded." In the context of investing, the term market refers to d. the place where stocks, bonds, and securities are traded.<span>
</span>
8 0
2 years ago
Read 2 more answers
Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi
Musya8 [376]

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP =  $14460 billion / 127 = $113.86 billion

I hope my answer helps you

7 0
3 years ago
Other questions:
  • Forge Right Inc., a manufacturing company, developed a strategic plan that assumed improved growth in its industry. Additionally
    10·1 answer
  • Storytime Park competes with Splash World by providing a variety of rides. Storytime sells tickets at $ 100 per person as a​ one
    11·1 answer
  • Tropetech Inc.’s FCFs are expected to grow at a constant rate of 4.62% per year in the future. The market value of Tropetech Inc
    11·1 answer
  • What will happen to the U.S. Housing Market?
    10·1 answer
  • The three things counselors should listen for are clients' concerns, feelings about the concerns, and​ a. ​ the expectation the
    15·1 answer
  • Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $1
    8·1 answer
  • On December​ 31, 2014​, Renda​'s common stock sold for per share. At that​ price, how much did investors say​ $1 of the​ company
    12·1 answer
  • Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.
    11·1 answer
  • XYZ Company manufactures several different products. Unit costs associated with Product ABC are as follows: Direct materials $87
    15·1 answer
  • What is structurally different between starch and cellulose that gives them different physical properties?.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!