Answer:
ii) in a fractional-reserve banking system, each dollar of reserves can support more than one dollar of deposits, thereby increasing the money supply by more than $1.
Explanation:
In a fractional-reserve banking system, banks only keep a fraction of total deposits on hand. They will usually only keep the amount required by the Fed, which is called the required reserve ratio. Banks will lend the rest of the money to customers, since they make money by borrowing from customers and lending it at higher rates.
E.g. you deposit $1,000 in the bank. The bank is required to keep 10% in reserves, but lends $900 to another client. That client will spend the money and purchase something. The seller of that good or service then deposits the money into his/her bank. That second bank will then separate $90 as reserves and lend $81 to a different client which will again purchase something, and the cycle goes on...
Answer:
producers of the bags of popcorn because they will sell more to the movie theater
Answer: Directive Leadership
Jody manages the sales team for a sports equipment manufacturer. Sales have been slipping downward at an alarming rate thus Jody called a department meeting and set sales goals that the team need to meet. She doesn't care how they meet their goals; she just wants them to do it. Based on this path-goal theory, Jody is using a <span>directive style of leadership.</span>
Answer:
Wally and Pay More Incorporated
The loan resulted in any income to Wally of $3,960 ($4,320 - $360), which would have been a cost he would have incurred had he borrowed the loan at the prevailing federal interest rate.
On the other hand, it resulted in a lost revenue (expense) of $3,960 ($4,320 - $360) which Pay More Incorporated could have earned if it had loaned it at the prevailing federal interest rate. This expense is a compensation expense.
Explanation:
Pay More's Loan to Wally = $36,000
Interest rate = 1%
Prevailing interest = $4,320
Interest paid = $360
Difference between prevailing interest and interest paid by Wally = $3,960 ($4,320 - $360).
The correct answer for the question that is being presented above is this one: E. One reason that Chinese peasants were ready to rebel is that the emperor had used them as forced labor to achieve his goals. <span>B. The Sui dynasty reunited China in the sixth and seventh centuries by combining existing laws into a single legal code. </span>
