Answer:
A. closed-end credit
Explanation:
Closed-end credit is a loan or a credit type where the funds would be dispersed at the time when the loan is closed and it would be paid back by involving the interest & finance charges
Since in the question it is mentioned that she would make the payment in 12 equal payments so here she is using closed-end credit
hence, the correct option is a.
Reserve ratio was 15% at the balance sheet the whole commercial banking system rather than for a single <u>lend out or invest.</u>
<h3>What is
commercial banking ?</h3>
A financial institution that accepts deposits, provides checking account services, makes different loans, and provides fundamental financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses is referred to as a "commercial bank." Most people conduct their financial business at commercial banks.
Commercial banks generate revenue through making loans, including mortgages, vehicle loans, business loans, and personal loans, and charging interest on those loans. The money needed to fund these loans is provided by customer deposits to banks.
- Commercial banks provide basic banking services, such as deposit accounts and loans, to individuals and small to medium-sized businesses.
- Commercial banks profit from a range of fees as well as from the interest they get on loans.
To learn more about commercial banking from the given link:
brainly.com/question/27793323
#SPJ4
Answer:
$196448
Explanation:
Since the central bank has increased the money supply by $231115 but the reserve ratio is maintained at 15%, this means that 85% of the money is being injected in the form of money supply.
Hence, the maximum increase in money supply, the 85% of $231115 is: $196448.
Hope this helps.
Thank you and Good luck.
Answer:
B. structural unemployment will exist in an economy that is innovative
Explanation:
Based on the information provided within the question it can be said that the relevant issue he is ignoring is that structural unemployment will exist in an economy that is innovative. This is because innovative economies tend to constantly be going through industrial change to implement the new innovations, this causes a need for only individuals that are specifically skilled and leaving unemployed the people who are not.
Answer:
I think letter A is the right answer
