South africa’s is a cool place,
Answer: $2,400; $2,400
Explanation:
If a deposit of $6,000 is made, the reserve requirement is 20% so the bank will have to reserve this amount of:
= 6,000 * 20%
= $1,200
The bank will be left with:
= 6,000 - 1,200
= $4,800
The bank lends all of this out.
The public holds 50% of the currency so they will keep:
= 50% * 4,800
= $2,400
The rest - which is $2,400 - will be deposited as checkable deposits.
Sorry you never got an answer and are only getting one after 2 years :(
But for everyone in the future who wants to use this for help the answer is Stocks!
Answer:
The correct answer is letter "D": Payment poster.
Explanation:
Payment posters are employees in charge of handling the payment systems for medical assistance. Among their duties, payment posters process payments for patients whether in cash or electronically and must have a wide knowledge of how insurances work in regards to benefits and refund requests.
