Answer:
no idea but im pretty sure its 6 months
Explanation:
becuase i think so
PROFIT PERHAPS OR INCREASE IN SALES FOR THERE IS NO RIVALS ANYMORE AND HAVE TAKEN THEM OUT
Birthrate is the number of births while deaerate is the number of deaths
<u>Answer:</u>
Federal bank increase initial reserves (by purchase of government bonds) by $8 million, to increase money supply by $40 million
<u>Explanation:</u>
Open market operations refer to buying 7 selling of government securities, to regulate money supply. To increase money supply, central bank buys the government bonds. As, purchase transaction from commercial bank or public imply they have more liquid money supplied.
Money multiplier reflects the multiple change in total money deposits, due to increase in initial deposits.
Final Deposits = (1 / RR) x Initial Deposits; where RR = Reserve requirement
Needed increase in money supply = 40 million, Reserve requirement = 20%
∴ 40 = ( 1 / 0.20 ) x Initial deposits
40 = 5 x Initial Deposits
Initial Deposits = 40 / 5
Initial deposits = 8
Answer:
b. all banks whether or not they are members of the Federal Reserve System.
Explanation:
Banks subject to reserve requirements set by the Federal Reserve System includes all banks from commercial banks to savings banks, to savings and loans banks, credit agencies and also all foreign banks with branches in the United States.