Answer:
Provide a device through which the credit-creating activities of banks can be controlled
Explanation:
The legal reserve requirement is the minimum amount mandated by Central banks for banks to have as their minimum reserves.
The legal reserve requirement is used by the government as a means to control the supply of money in the economy.
If the central bank wants to reduce money supply, it increases the legal reserve requirement and if it wants to increase money supply, it reduces the legal reserve requirement.
A high reserve requirement reduces the amount that banks can make available for loans.
I hope my answer helps you
<u>Answer:</u>
<em>Format Painter copies the text or graphics from the selected format and replicates it to the desired one. But F4 key copies the previous actions and may copy all the commands. </em>
<u>Explanation:</u>
These are the two basic shortcuts of editing any text or graphics. Format painter is a tool on the task bar which copies the properties of one text or graphic and transfer it to the desired format.
Answer:
D
Explanation:
D is the answer sjkrkdrir
For most people, the most effective way to save is to deposit extra money into a savings account. Using budgets is great, but not a lot of people can create and adhere to them.
Answer:
cost of goods sold = $2,310
Explanation:
beginning inventory 20 units at $30 each = $600
purchases during the month = 80 units at $31 each = $2,480
ending inventory = 25 units
using the weighted average cost method, each unit will be valued at ($600 + $2,480) / (20 + 80) = $3,080 / 100 units = $30.80
ending inventory = 25 units x $30.80 = $770
cost of goods sold = (100 - 25) x $30.80 = $2,310
