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
White raven [17]
3 years ago
10

If the required reserve ratio is 20 percent and commercial bankers decide to hold additional excess reserves equal to 5 percent

of any newly acquired checkable deposits, then the effective monetary multiplier for the banking system will be:
Business
1 answer:
Fofino [41]3 years ago
5 0
The effective monetary multiplier that will be used in the banking system given the data provided would be 4. A money multiplier is defined as the output of the reserve dollars the bank produces. To find the multiplier, just take into consideration the amount of deposit and the reserve ratio.
You might be interested in
Open innovation’ can only operate across web-based platforms – true or false?
gizmo_the_mogwai [7]
I am not very sure but I believe that the correct answer is True.

6 0
3 years ago
Partnership records show the following capital balances at the date of Hopkin's withdrawal: M. Hammel, $80,000; D. Hopkins, $210
Anestetic [448]

Answer:

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

Cr M. Hammel, Capital 10,000

Cr Cash 230,000

Explanation:

Preparation of the December 31 journal entry for the partnership.

Based on the information given the December 31 journal entry for the partnership will be :

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

(100,000-80,000/2)

Cr M. Hammel, Capital 10,000

(100,000-80,000/2)

Cr Cash 230,000

3 0
3 years ago
Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning operating asse
STALIN [3.7K]

Answer: 0.22

Explanation: Return on total assets is calculated by dividing net income or operating income from average total assets. It is a profitability ratio which is used by analysts to evaluate the ability of the firm to generate revenue from the given level of assets it have.

=\:\frac{operating\:income}{Average\:total\:assets}

where,

Average\:total\:assets=\frac{410,000+\:440,000}{2}

= $425,000

Now,putting the values into equation :-

=\:\frac{92,000}{425,000}

= 0.22

8 0
3 years ago
Despite the danger to his career what did edward r. murrow, fred friendly and the staff at cbs accomplish with their truthful re
Liula [17]

Murrow had become a big superstar from his WWII reporting, so he was a big ratings asset for CBS. In reserve to See it Now, he also did a celebrity interview show called Person to Person. Both performances got high ratings by today's criteria, but Person to Someone was more popular.

<h3>How did Edward R Murrow end his broadcast?</h3>

The blitz gave Murrow the signature phrases that he used to open and close his broadcasts. He started by saying “This is London.” He completed his reports with “Goodnight and good luck.” That was a phrase Londoners used to end their discussions when they were not sure they'd be able to see each other the next day.

<h3>Who was Edward R. Murrow ?</h3>

Edward Roscoe Murrow was an American broadcast correspondent and war correspondent. He first attained prominence during World War II with a series of live radio broadcasts from Europe for the news section of CBS.

To learn more about Edward Roscoe, refer

brainly.com/question/14433468

#SPJ4

7 0
1 year ago
A wedding services company changes its marketing strategy to reflect the fact that more LGBTQ​ (lesbian/gay/bisexual/transgender
solmaris [256]

Answer:

The answer is: Cultural environment

Explanation:

Cultural environment is the set of values, behaviors, attitudes, customs and aspirations of people.  

They are continuously changing and evolving, for instance 100 years ago gays weren´t allowed to marry, in many places being gay was outlawed. All businesses should change their marketing strategies to reflect cultural changes. Imagine if the TV ads from the 1980s were still running today, many would be considered scandalous, misogynistic or sexist.

4 0
3 years ago
Other questions:
  • Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw
    7·1 answer
  • How does decision making help a farm business grow?​
    14·1 answer
  • Company policy for internal control should include all of the following except
    14·1 answer
  • After an ems run, your partner suggests you write down vital signs differently than the ones obtained
    7·1 answer
  • What contribution did beer production make to the process of bread making?
    7·1 answer
  • An alternative form of the accounting equation is:_______.
    14·1 answer
  • Ben quit his job as an economics professor to become a golf professional. He gave up his $30,000 salary and invested his retirem
    7·1 answer
  • Bok advises campus officials (and students) simply to "ignore" offensive words, flags, and so forth (para. 13). Do you agree wit
    6·1 answer
  • Harvey and Liza are discussing ethics. Harvey says that ethics is a range of moral principles that steers our behavior. Liza say
    11·1 answer
  • Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $300,000, vari
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!