Answer:
$5,000
Explanation:
New total reserve = Existing reserve + Increase in reserve = $20,000 + $5,000 = $25,000
Required reserve still remains at $20,000 because the sale of securities does not change the checkable deposits,
Therefore, we have
Excess reserves = Actual reserve - Required reserve = $25,000 - $20,000 = $5,000
.
Therefore, level of excess reserves the bank now have is $5,000.
Answer:
A
Explanation:
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Consumer surplus = willingness to pay – price of the good
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Producer surplus = price – least price the seller is willing to accept
Because price is below equilibrium price, consumer surplus would increase and producer surplus would reduce
Answer:
I would reccomend her, but I would tell the other company to be careful. She may not have been proven guilty, but it doesn not mean that she did not do it. Now, it is all up to the company to make the choice.
Explanation:
Using Tuckman’s stages of group development, we know that Elaine’s group is going through a stage called storming.
In this stage of group development, aside from having difficulties in adjusting to their roles, Elaine’s group and group members would also experience disagreements regarding priorities, tensions between one another, hostility with each other, and there would also be cliques forming inside the group.
Answer:
c)
Explanation:
The costumer has no spouse or dependents. This negates the value of the death benefit. The founds has no liquid due to the surrender fees, and there is also 10% penalty on withdrawals before age 59.5
