Solution:
The reserve ratio is 10%.
Money multiplier = 
= 
= 10.
So, the money multiplier increases by 10.
Money supply = amount x money multiplier = 1,000 x 10 = 10000
Therefore, because any certain items are equivalent, the rise in the currency supply is 10000 dollars.
When the FED sells 1,000 million worth of debt, this would further increase the monetary market, as the investments are fresh funds and the income from the bank is now used in the money supply.
Answer:
A business invitee
Explanation:
A business invitee is any person or group of people who enters another person's commercial property to do business. A business invitee's purpose is to engage in a commercial transaction with property or landowner. The landowner is liable to any injuries or harm suffered by a business invitee due to dangerous conditions on the property.
Commercial property or premises refers to land or building designated for business transactions such as a retail store or a restaurant. In law, customers are business invitees. The assumption is that customers enter commercial premises to do business with the business owner.
Answer:
Explanation:
I would recommend the following financial services:
- Using a debit card: this will eliminate the need for Kim to move around with cash or physical checks in order for her to make purchases directly from her savings.
- The use of mobile banking services: this is a service that her bank provides, in which Kim can carry out transactions remotely, using her phone. It is called mobile banking because transactions can be performed on the go. Kim can access her accounts anytime, and she can also be alerted via text messages about her bank account status.
- The use of online banking services: this will also be a convenient method for Kim to carry out financial transactions, because this can be conducted over the internet, and at Kim's convenience.
The total value of goods and services produce annually within the boarders of a country
