Answer:
change in the Money supply = $2000
Explanation:
given data
deposit = $1,000
reserve ratio = 0.50
to find out
how much will checking deposits in the banking system increase as a result
solution
we get here change in the Money supply that is express as
change in the Money supply = Change in the Monetary base × Money multiplier ............................1
here
Money multiplier = ..................2
Money multiplier =
Money multiplier = 2
put value in equation 1
change in the Money supply = 1000 × 2
change in the Money supply = $2000
It expanded the credit industry because all americans credit was effected by the great depression
Answer:
$332,000
Explanation:
Initial investment refers to the cash outflow needed to begin a project or start a business. It includes capital expenditure, modification cost, and working capital needed.
Based on this, the initial investment outlay can be calculated as follows:
Initial investment outlay = Base price + Additional modification cost + Net operating working capital = $250,000 + $50,000 + $32,000 = $332,000
Answer: so when you think about it just know you can do it
Explanation:
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