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mr Goodwill [35]
4 years ago
13

In a 100-percent reserve banking system, if people decided to decrease the amount of currency they held by increasing the amount

they held in checkable deposits a M1 would not change. b M1 might rise or fall. c M1 would increase. d M1 would decrease.
Business
1 answer:
MariettaO [177]4 years ago
8 0

Answer:

a M1 would not change.

Explanation:

the checkable deposits are part of M1 as well as the currency and coins. Therefore, a component of M1 decrease (currency) while another of M1 (checkable deposits) increase.

As the banking system works with a 100-percent required reserve there is no multiplier effect from the deposit therefore M1 do not change.

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On March 3, Mauer Moving buys $7,500 of supplies from General Products. Mauer does not provide any payment at the time of purcha
Sav [38]

Answer:

B : In Mauer’s general ledger, the ending balances for both the Supplies account and the Accounts Payable account will be too low.

Explanation:

Supplies is an asset account, increase from debit and decrease from credit.  In this cae the purchase of supplies increase the balanc but, a mistake is made and is credited thus, decreases.

Account payableis an liability account, increase from credot and decrease from debit .  In this cae the purchase on account  increase the balance but, a mistake is made and is debited thus, decreases.

This makes b statement correct, both are lower than it should

8 0
3 years ago
1. Do you see Sony as an innovator in its industries of electronics, semiconductors, computers, video games, and telecommunicati
Alborosie

Answer: Question 1: I do see Sony as an innovator in its industries of electronics, semiconductors, computers, video games, and telecommunications because they have created several products in all of these industries.

Question 2: Sony is a company that inspires and fulfills my curiosity because they have made significant leeway in the world of technology and have created amazing and useful technical products.

Hope this helps!   :)

Explanation:

5 0
3 years ago
When opening a checking or share draft account, which would likely be the most important consideration?
Nonamiya [84]

Answer:

  • When opening a checking or share draft account, which would likely be the most important consideration?

The stability of the Union or bank in which you are opening your account.

  • What incentives are provided for you to open an account?

The interest rate. The easy access to my funds. The trackability of the transactions. The possible application for a credit in the future.

  • What is the current interest rate paid on funds left in the account?

In a High Rate account is 2,01% in a regular rate 1,90%

  • What are the terms and interest rates on their certificates of deposit (CDs)?

The terms may vary from 1 day until 2160 days.

6 months – 6 years: Goldman Sachs Bank USA – 0.60% APY – 2.35% APY; $500 minimum deposit to open.

30 days – 5 years: BrioDirect – 0.05% APY – 2.05% APY; $500 minimum deposit to open.

6 months – 5 years: Capital One – 0.60% APY – 1.60% APY; no minimum deposit to open.

  • What types of fees are charged for maintaining and using the account?

The $4 or $5 monthly maintenance fee.

The international withdrawls fee. (varies in each bank policy)

7 0
3 years ago
is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers
nikitadnepr [17]

Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.

In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.

There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.

Here you can learn more about Business buying process brainly.com/question/12496760

#SPJ4

5 0
1 year ago
Which of the following is TRUE about corporate​ culture? A. It is usually determined by outside forces. B. It is easy to change.
nataly862011 [7]

Answer:

D. It can direct​ employees' efforts toward goals.

Explanation:

Corporate culture of an organization refer to the values, beliefs, and behaviors shared and expected of the employees of the organization.

Corporate Culture is usually influenced by by the tone at the top which the trickles down to other employees of the organization.

It is a key element in driving the organization towards set goals and objective.

Hence, corporate culture can direct​ employees' efforts toward goals.

4 0
3 years ago
Read 2 more answers
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