Answer: The deposit-creation potential of the banking system is $500 million.
Explanation: To solve: take the money that the banking system has in excess reserves $50 million and multiply it by the reserve ratio of 10%. $50,000,000 x 10 = $500,000,000
Answer: True
Explanation:
Inflation rate actual measures an increase in the consumer price index (CPI) which is based on average prices of various goods.
The goods which are considered under inflation are based on whether they fall under the prevalent consumption basket in that country.
The index therefore has various goods based on what goods that country consumes the most some goods are responsible for price increase whilst some for price decrease depending on how heavy does each good weigh on the overall consumption basket of that country.
A price index refers to an average price of particular good or services in a particular region at a certain period.
In America, in order to become a citizen, the person has to either be born or naturalized in the country of the United States. A non-citizen; however, is anyone from a different country that does not owe allegiance to the U.S.
There are two ways by which a person can become a U.S citizen by birth: Jus Solis and Jus Sanguinis. Jus Solis is when a person has the right to citizenship for being born in the State or territories. Jus Sanguinis is the right to citizenship when the person has at least one American parent.
Naturalization is the legal process by which non-natives become American citizens. A person who is not a citizen, but wants to become one, has to meet the requirements and go through the U.S naturalization process.
To move a flashlight across the paper, you first need a flashlight, a piece of paper, and at least one functioning hand. Then you put the light in your hand and slowly pull your hand in any direction you wish above the sheet of paper.
