Answer:
independent, chain are the answer
Explanation:
Answer:
B
Explanation:
Because you are going over the limit therefore overdrafting money you dont have
Answer:
D. 5.00
Explanation:
The calculation of current ratio is given below :-
Current Ratio = Current Assets ÷ Current Liabilities
where,
Current Asset = cash + account receivable + office supply
= $400 + $1000 + $600
= $2,000
and the Current Liabilities is
= Account payable + salary payable
= $300 + $100
= $400
So, the current ratio is
= $2,000 ÷ $400
= 5 times
Answer:
20; $1 billion
Explanation:
Given that,
New funds = $20 billion
Required reserve ratio = 5%
Money multiplier:
= 1/Required reserve ratio
= 1/0.05
= 20
Initial money increase by:
= Funds wants to be in the money supply × Required reserve ratio
= $20 billion × 5%
= $1 billion
Therefore, the Fed should initially increase $1 billion in the money supply.