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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
Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by
tamaranim1 [39]

Answer: Asset allocation

Explanation:

Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by asset allocation.

It should be noted that asset allocation is simply referred to as an investment portfolio technique which balance risk through the division of assets among major categories like stocks, bonds, cash, real estate, and derivatives.

5 0
3 years ago
Question: You have recently been appointed as a marketing manager for a marketing consultancy firm, and you have been asked to c
Andreas93 [3]

This question is about the correct source of data for a Marketing Strategy Report. See the possible list of sources below.

<h3>What are the possible internal sources of data that one will refer to in your review of operations?</h3>

Sources to be used in this case are statistics relating to sales and marketing data. Examples are;

  • Demography of existing clients
  • Current Marketing strategies that have been deployed in the past

<h3>What are the possible external sources of data that you will refer to in your review of operations?</h3>

  • Business intelligence on the competition
  • Statistics related to the size of the market.

Learn more about marketing Strategy at;
brainly.com/question/25754149
#SPJ1

7 0
2 years ago
Shaw Company sells goods that cost $300,000 to Ricard Company for $410,000 on January 2, 2017. The sales price includes an insta
Shkiper50 [21]

Answer:

The revenue from sales to be recognized by Shaw is $390,000

Explanation:

A) Journal entry to record the sale on January 2, 2017

Date                               Particulars                      Debit        Credit

January 2, 2014      Accounts Receivable         $410,000

                                Sales Revenue                                      $370,000

                                 Unearned Service Rev                         $40,000

Being the recording of sales and unearned service revenue

                                Cost of Goods Sold            $300,000

                                 Inventory of Merchandise                       $300,000

B) Shaw should recognise the following Revenue from Sales to Ricard

Sales Revenue                                                        $370,000

Service Revenue (3/6 x $40,000)                            <u>$20,000</u>

Due to the fact that accounts end March 31st,       $390,000

2017, only 3 months will be accounted for under

service revenue for the year

Therefor the revenue from sales to be recognized by Shaw is $390,000

5 0
3 years ago
The American Opportunity tax credit:_____. A. is 50% of the first $1,200 of tuition and fees paid and 100% of the next $1,200. B
mamaluj [8]

Answer:

C. Is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents

Explanation:

American Opportunity tax credit was called the HOPE credit. It is available for the first four years of an individual's post secondary school education.

It covers 100% of the first $2,000 cost for tuition, fees, books, and course material.

Items that do not qualify are room and board, transportation cost and personal expenses.

The tax credit is available for qualifying expenses paid on behalf of the taxpayer and his or her spouse, in addition to those paid for dependents.

6 0
3 years ago
giannis corporation purchases debt investments as trading securities at a cost of $150,000 on december 1. this is its first and
trasher [3.6K]

In a condition given above where the Giannis Corporation sells a proportion of its trading securities, costing $9,000, for an amount of $10,000, the journal entry of the transaction would include a gain of $1,000. Therefore, the option C holds true.

<h3>What is the significance of gains?</h3>

The gains of a business organization can be referred to or considered as the surpluses earned by a company from the extraordinary and indirect operations, which are unrelated to its normal business activities. Any such gains are recorded under ''Other Revenues'' Accounts of the firm.

Therefore, the option C holds true and states regarding the significance of gains.

Learn more about gains here:

brainly.com/question/23542346

#SPJ4

The question seems to be incomplete. It has been added below.

Giannis corporation purchases debt investments as trading securities at a cost of $150,000 on December 1. This is its first and only purchase of such securities. On January 5, Giannis corporation decides to sell a portion of its trading securities (costing $9,000) for $10,000 cash. The journal entry to record this sale would include a:

A. Loss of $10,000

B. Gain of $10,000

C. Gain of $1,000

D. Gain of $9,000

3 0
2 years ago
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