Answer:
Economic conditions
Explanation:
Based on the scenario being described within the question it can be said that this is an example of Economic conditions influencing jobs in the future. These conditions are the different aspects that affect the overall economy of a country which include GDP growth potential, the unemployment rate, inflation, as well as policy orientations.
Answer:
The bank is holding $19.5 million in excess reserves.
Explanation:
If the bank has $300 million is deposits and the reserve ratio is 8.5% then the bank needs to have minimum reserves of 8.5% of 300 million so the minimum reserves are 0.085*300 million = 25.5 million
How ever the actual reserves of the bank is the difference between deposits and loans. The deposits are 300 million and loans are 255 million so the actual reserves are 300 million-255 million= $45 million
Excess reserves is the difference between the actual reserves and the minimum reserves so 45 million - 25.5 million = 19.5 million.
I believe it is the B. troubleshooting focuses on how to fix the problem
Amount of bad debts adjusting entry = 0.7% * 945,000 = 0.7/100 * 9450,000 = $6,615
The amount of the bad debts expense adjusting entry = $6,615
There are different kinds of draft. Once you are signed up for overdraft protection, you cannot opt out is a false statement.
<h3>Can one opt out of overdraft protection?</h3>
When a person have already signed up for overdraft protection, The person can contact the bank so as to opt out.
Here, Your debit card will be rejected once you exceed your balance, but you will not be able to be hit with overdraft fees.
learn more about overdraft from
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