Answer:
$30,000
$20,000
$10,000
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Reserves = Deposits - outstanding loans
$100,000 - $70,000 = $30,000
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.2 x $100,000 = $20,000
Excess reserves is the difference between reserves and required reserves
$30,000 - $20,000 = $10,000
Answer:
Statement 2 is true and 1 is false ( C )
Explanation:
From the statements given above we can deduce that statement 2 is true while statement 1 is false and this is because there isn't one pure Nash Equilibrium in a pure strategy game that will solve the game as portrayed in statement 1, instead there will be two(2) pure Nash equilibrium.
Having a job, and working well, you will earn efficient money. There are also other ways like birthdays and christmas and etc.
There are punishment for any offense. Selling alcohol to an intoxicated person is a misdemeanor offense and punishable by a maximum fine of $500 and sometimes about a year in jail.
- But sometimes, the effect often extend more than just criminal charges. The establishment or person that sold the alcohol could be given a fined or have their liquor license to be suspended.
<h3>What is the penalty for selling alcohol without a License?</h3>
One cannot sell alcohol without having the legal license or permit to do so.
There is a fines or jail time if a person sell alcohol without having authorization and one should not be selling/providing/delivering alcoholic beverages to an intoxicated person.
Learn more about maximum fine from
brainly.com/question/3521571
The answer is Promissory Note
Explanation:
The most common document used to register a loan and guarantee this is paid back is a Promissory Note. In this, the parties involved register the amount of money that was borrowed and the borrower promises through the document to pay this amount of money before a fixed specific date. Also, promissory notes register the rate of interest that will be paid by the borrower. Besides this, a promissory note is a legal document that registers the loan and can be used as a legal instrument in case the money is not paid back.
