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
AveGali [126]
3 years ago
15

A single commercial bank must meet a 25% reserve requirement. If it initially has no excess reserves and then $2,000 in cash is

deposited in the bank, it can increase its loans by a maximum of
Business
1 answer:
Marrrta [24]3 years ago
7 0

Answer:

The bank can increase loans by a maximum of $1500.

Explanation:

There is no excess reserve.  

The reserve requirement is 25%.  

The total reserves are increased by $2,000.  

The required reserve will be 25% of $2,000.

=(25/100)*2000

=0.25*2000

=500

So, the required reserve is $500.  

The loan can be increased by

=Increase in total reserve-required reserve

=$(2000-500)

=$1,500

So, the banks can increase loans up to $1,500.

You might be interested in
Maziarz Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 220
cupoosta [38]

Answer:

(D) 3,815 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $220 - $72.60

= $147.40

And, the other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= ($548,328 + $14,000) ÷ ($147.40)

= ($562,328) ÷ ($147.40)

= 3814.97 units

4 0
3 years ago
the supply of a good will be more elastic, the a. more the good is considered a luxury. b. broader is the definition of the mark
EastWind [94]

The correct answer is Option D.

The longer the time period under consideration, the more elastic the supply of a good will be.

<h3>What is supply of goods ?</h3>
  • The following are included in a supply of goods: the agreement-based transfer of property rights over things. the commission-based sale of tangible things because of an auctioneer or dealer acting under his and her own name but following another person's instructions. delivery of items under a hire-purchase agreement.
  • In general, supply refers to the complete amount of goods and services that such a producer is ready to provide at a specific price and location.
  • Even as a profession, selling products or services counts as a supply under the GST. Therefore, the sale would represent supply even if a well-known politician created paintings for charities and sold them, even once.

To learn more about supply of goods refer to :

brainly.com/question/4804206

#SPJ4

8 0
1 year ago
The _____ requires that executive agencies and subcontractors and contractors of the federal government receiving more than $2,5
mariarad [96]

The Vocational Rehabilitation Act of 1973 requires that executive agencies and subcontractors and contractors of the federal government receiving more than $2,500 a year from the government engage in affirmative action for disabled individuals.

<h3><u>Explanation:</u></h3>

The law that grants the states for the independent living, vocational rehabilitation services,  client assistance and supported employment is The Rehabilitation Act of 1973. There are lot of programs that receives  federal financial assistance and are held by many federal agencies. The main aim of this act is to eliminate the discrimination that prevails based on disability.

The Rehabilitation Act has Section 501 which mainly focus on the prohibition of discrimination that exists in employees and  job applicants mainly on the basis of disability. This also makes the agencies to be engaged in affirmative action for individuals who has disabilities. They are providing them $2,500 a year for engaging with these activities.

8 0
3 years ago
Please help I will give branniest and I upped the points
9966 [12]

Answer:

which country r u from?cuz I would have to research the banks according to your country.

3 0
3 years ago
"ned sets up an arrangement where some of his property is managed by a trustee for the benefit of beneficiaries. ned reserves th
Irina18 [472]

I believe the answer is:  An Revocable Living Trust

Revocable living trust refers to a form of planning that help you determine the person who would obtain your properties when you die. A revocable living trust would cover three phases of the maker's life:   his lifetime, possible incapacitation, and what happens after his death.

8 0
3 years ago
Other questions:
  • As the marketing vice president of her firm, Jana is considering implementing a companywide pricing policy that all products mus
    7·1 answer
  • An extended warranty contract (Select all that apply.) provides protection beyond the manufacturer's original warranty. is consi
    8·1 answer
  • Widely varying consumption ratios: work against the implementation of activity-based costing. indicate an out-of-control product
    11·1 answer
  • According to Keynesian theory, which of the following is not true at each short-term macro equilibrium?
    7·1 answer
  • Limon, an agent for Mindwonder Games LLC, executes an unau-thor-ized contract with NOW Marketing, Inc The deal is highly ad-vant
    11·1 answer
  • Lower-of-cost-or-market as it applies to inventory is best described as the:
    7·1 answer
  • Multiple Choice Question The following selected information pertains to Wilson Company. Current liabilities: $100; long-term lia
    8·1 answer
  • Find the EAR in each of the following cases (Use 365 days a year. Do not round intermediate calculations. Enter your answers as
    6·1 answer
  • Amtrak is promoting and upgrading passenger rail service. All but one of the following are facts Select one: A. It has high-spee
    9·1 answer
  • The purpose of making a learning document is to
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!