Yes , it is true . when it is in a progressive tax system
Answer:
achieve economies of scope
Explanation:
Economies of scope -
It is the concept in economics , which is the reduction in the total cost of the production , when some products are produced collectively rather than individually , is known as economies of scope .
Same case is given in the question , where the management have organised medical and dental practices via some unique training program for the staff .
Reserves - $20,000
Checkable Deposits - $200,000
Reserves Ratio - 10
Household Deposit - $15,000
Level of Excess Reserves - ?
Solution:
Checkable Deposits = $200,000 + $15,000 = $215,000
Required Reserves = 0.10 x $215,000 = $21,500
Excess Reserves = Actual Reserves - Required Reserves
= $35,000 - $21,500 = $13,500
<span>The bureau of labor statistics, the principal fact-finding agency for the U.S. government, is the agency responsible for tracking changes in the composition of the U.S. labor force and forecasting employment trends. Collecting, analyzing, processing, and disseminating data to citizens, businesses and government agencies.</span>
