1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rosijanka [135]
3 years ago
5

Suppose that the required reserve ratio is 20 percent for commercial banks and there are currently no excess reserves. Then, one

bank in the bank system receives a cash deposit of $250,000 for a checking account. What is the maximum amount of money that will be created in the banking system as a result of that that deposit?
Business
1 answer:
zysi [14]3 years ago
4 0

Answer:

The amount of money created will be $1,250,000

Explanation:

In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.

Multiplier = 1/reserve ration = 1/0.2 = 5

The amount of money created = Multiplier *Initial deposit

Amount of money created = 5* 250,000

= 1,250,000

You might be interested in
Approximately how many free Americans remained loyal to the British during the war? a. 20 to 25 percent. b. 10 to 15 percent. c.
jekas [21]

Answer:

The Correct Option is A: 20 to 25 percent.

Explanation:

In a report by an American historian, it was stated that about 450,000 Americans did not stop being loyal to the British during the revolutionary period. This population represents about 20 percent of Americans having European Origin, or approximately 16 percent of the entire population.

6 0
3 years ago
Read 2 more answers
Select the correct answer.
TEA [102]
I would say C is the answer bc that’s would i would do in that situation.
7 0
2 years ago
What is the purpose of unconscious bias training? include an example of how unconscious bias training can affect who gets to att
Digiron [165]

Training on unconscious prejudice has become a well-liked method of diversity education. Such training is intended to help people recognize their unconscious prejudices, provide them tools to change automatic thought processes, and ultimately aid in the eradication of discriminatory practices in the workplace.

Demonstrations of how the mind functions in ways that are outside of our awareness and control are frequently the first step in unconscious bias training.

These examples demonstrate how people unintentionally form judgments based on factors like gender or ethnicity. Unconscious bias training is one of the diversity training techniques that has more and more support.

Attending such training may help people learn more about themselves that they might not have otherwise known. They might therefore be more aware of how their biases affect how they interact with others.

To learn more about Unconscious bias here

brainly.com/question/13177484

#SPJ4

4 0
1 year ago
What organization is charged with developing policies to protect u.s. transportation, especially in airport security and the pre
bogdanovich [222]
Department of transportation.
8 0
3 years ago
Which of these is a pro of being a wage earner? A. You usually do not get to choose which projects you work on. B. You have a de
gregori [183]

Answer:

The correct answer is letter "C": You are usually not in charge.

Explanation:

Wage-earners are the people who live mainly thanks to the salary they receive. Under this category fall low-range workers whose base income is their source of income. Hardly ever low-range employees are assigned major tasks since they are subordinates, so the success or failure of a project does not rely directly on them since they are not the ones in charge.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose that a country's annual growth rates over a 10-year period are as follows: year growth rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2
    11·1 answer
  • Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following informat
    6·1 answer
  • What is the name for a segment of a consumer market that has specialized product needs?
    12·1 answer
  • Because investors are often unwilling to buy stock in a company without any
    10·1 answer
  • Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net opera
    10·1 answer
  • A __________ is a group of customers who love their brand so much that they like to connect with other customers who think like
    15·1 answer
  • Suppose purchasing power parity holds. If the price level in the United States is 100 dollars per good and the price level in Ja
    14·1 answer
  • In the water and rocks analogy for JIT:
    13·1 answer
  • Drake is applying for a business loan on behalf of its company. before applying for the said loan, he draws up a road map of the
    11·1 answer
  • Disney’s my magic system, which enables visitors to swipe their magic band wristbands to get on rides, make purchases, and open
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!