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
ipn [44]
3 years ago
9

Suppose you deposit ​$ cash into your checking account. By how much will the total money supply increase as a result when the re

quired reserve ratio is 0.​0?
Business
1 answer:
amid [387]3 years ago
7 0

Answer:

If the required reserve ratio is 0, that means that the money multiplier will be infinite. I guess the question is incomplete.

I looked for similar questions to fill in the blanks:

If you deposit $2,400 and the required reserve ratio is 0.4, then by how much does the money supply increase?

first we must determine the money multiplier = 1 / required reserve ratio = 1 / 0.4 = 2.5

to determine the total effect on the money supply we just multiply the deposit by the multiplier = $2,400 x 2.5 = $6,000 increase.

You might be interested in
Newmark & Co. Real Estate, Inc., (the broker) contacted 2615 East 17 Street Realty, LLC, (the landlord) to lease certain rea
Marta_Voda [28]

Answer: D. a promise made in consideration of a marriage

3 0
3 years ago
Read 2 more answers
A surplus can be best defined as:
ohaa [14]

Answer:

c) Having money left over after meeting your expenses

Explanation:

Surplus refers to having an excess of something. A surplus is when a person or a country has more of an item than they require.

From the choices provided, a surplus will be having money left over after meeting your expenses. This individual has more money than they need. The surplus amount is the remainder after meeting all the expenses. In business, excess money is saved or invested to generate more income. A country with surplus products exports to other countries.

8 0
3 years ago
Congress has the power to create special courts. True False
IrinaK [193]

Answer:

false

Explanation:

7 0
3 years ago
1. If the current allocation of resources in a market for a certain good is efficient, then it must be the case that
sweet-ann [11.9K]

Answer:

D

Explanation:

6 0
2 years ago
The data given below are from the accounting records of the Kuhn Corporation:
charle [14.2K]

The net cash provided by operating activities using the indirect method would be:  c. $50,000.

Net Cash From Operating Activities

Net income $45,000

Depreciation expense $9,000

Decrease in accounts payable ($2,500)

Decrease in inventory $3,000

Increase in accounts receivable ($4,500)

Net cash provided by operating activities $50,000

Inconclusion the net cash provided by operating activities using the indirect method would be: c. $50,000.

Learn more about operating activities here:brainly.com/question/25530656

3 0
2 years ago
Other questions:
  • Safty nets should be provided where the falling distance is 25 feet or more
    12·1 answer
  • Match the banking term with its definition.A. List currency coin and checks deposits into an accountB. A document signed by the
    5·1 answer
  • The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain
    10·1 answer
  • Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
    8·1 answer
  • A PR firm was awarded an account for a cereal manufacturer’s new children’s cereal. The firm is tasked with creating a campaign
    14·1 answer
  • Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play
    9·1 answer
  • Cala Manufacturing purchases land for $489,000 as part of its plans to build a new plant. The company pays $35,300 to tear down
    10·1 answer
  • Pls help i need help fast pls
    6·1 answer
  • Olivia bakes cakes and Andrew grows corn. Olivia and Andrew both like to eat cake and eat corn. In which of the following cases
    15·1 answer
  • Classify the items as to whether or not they would be included in calculating the GDP for Canada. If a country is not specified,
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!