Answer:
The first bank will be short of reserves in the amount of $1,000
Explanation:
According to the given data, we have the following:
bank excess reserves=$5,000
reserve ratio=20%
Total Reserve= $5000+(20%*$5,000)= $6,000
Therefore, to calculate the reserve shortage we would have to make the following calculation:
reserve shortage=$6,000 - $5,000 = $1,000
The first bank will be short of reserves in the amount of $1,000
Answer:
a. supporting leader style
Explanation:
in a supporting leadership style, the head of the team is aim at developing his or her team member (sub ordinate), training them to be independent and guide them on how to achieve a given task.
in this scenario, Julia shows a supporting leadership style by:
providing aid and guidance to her subordinates and
acknowledging their accomplishments and allows them to provide suggestions.
She is trying to help her subordinate to achieve the challenge tasks given to them.
In 2017, $26,000 was the maximum amount of money most employees throughout the united states could invest in either a 401(k) or 403(b).
401(k) plans may exclude workers who work less than 1,000 hours per year. This equates to approximately 19 hours per week for one year of employment. GAO found that 20 of the 80 plans it surveyed required an employee to work certain hours to participate in her 401(k) plan.
A defined contribution (DC) plan is a retirement plan, usually tax-advantaged, like his 401(k) or his 403(b), in which an employee contributes a fixed amount or percentage of salary. Pay into an account intended for funding purposes—their retirement benefits.
Learn more about employees at
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Emerson, inc, reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asia, 46% from the United States and 13% from the other parts of the world. Clearly, emerson exemplifies multinational corporation.