Answer:
Every time a dollar is deposited into a bank account, a bank's total reserves increases. The bank will keep some of it on hand as required reserves, but it will loan the excess reserves out. When that loan is made, it increases the money supply. This is how banks “create” money and increase the money supply.
Explanation:
Answer:
Minutes, also known as minutes of meeting, protocols or, informally, notes, are the instant written record of a meeting or hearing
Explanation:
hope this helps
Answer:
The answer is: C) Approving vendors’ invoices for payment.
Explanation:
Within an organization, the duties of authorizing payments, record keeping and asset custody have to be assigned to separate business units or departments. One single department shouldn't authorize payments and make them. There would be no possible control over what they are doing.
For example, if the treasury department is able to authorize payments, instead of paying $1,000 for an invoice they could pay $50,000 and no one would be able to discover the fraud committed.
D. to obtain goods they cannot produce efficiently is the only option that makes sense in the context of the question.
Answer:
Yes
Explanation:
It is possible for an investor to be attracted to holding gold as a part of his portfolio despite that it appears stocks dominate gold.
An investor may elect to hold gold if there is a low correlation between stocks and gold. However, if the correlation between gold and stocks is high, gold will not be attractive and no investor will hold god.
Therefore, an investor will hold gold when there is a low correlation between stocks and gold.
