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kenny6666 [7]
4 years ago
11

If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acqu

ired checkable deposits, then the effective monetary multiplier for the banking system will be:
a. 3
b. 4
c. 5
d. 6
Business
1 answer:
coldgirl [10]4 years ago
8 0

Answer:

B) 4

Explanation:

the monetary multiplier before this newly acquired checkable deposit was 1 / required reserve ratio = 1 / 20% = 5. Since the banks decided to increase the reserve ration to 25%, then the money multiplier will decrease to 1 / 25% = 4.

The monetary multiplier shows the money creating effect of the fractional banking system. E.g. you deposit $1,000 at bank A. Bank A will lend $750 to Bill. Bill then purchases a bike from Tom and Tom deposits the $750 in bank B. Bank B will then lend $562.50 to Sarah. Sarah purchases a TV from Alex, and Alex deposits the money in bank C. Then bank C will lend $421 to Frank, and the cycle goes on.

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Greg was looking at different websites to complete his paper for his accounting class. He found several websites that ended in .
Masteriza [31]

In this question the options are missing; here are the options:

Which best describes how Greg could find more information about the website to check for its  validation?

Greg could assume it is valid because it is a .net.

Greg could look at the contact page to validate Frank's expertise.

Greg could look to see if the website was updated recently,

Greg could assume it is valid since Frank is not selling anything.

The answer to this question is B. Greg could look at the contact page to validate Frank's expertise.

Explanation:

One of the key factors that make a source to be credible is the expertise of the author because if the author is an expert in the area, the source is generally considered as credible. For example, the words of Isaac Newton are a credible source if these are related to areas such as maths, physics, or astronomy because he was an expert in this area. In this context, one way Greg could validate this source is by checking who is Frank Smith to verify if he is an expert in the topic. This makes option B correct.

3 0
3 years ago
What was the main goal of the Farmers’ Alliance?
Radda [10]
Higher quality planting" is the one among the following choices given in the question that was <span>the main goal of the Farmers’ Alliance. The correct option among all the options that are given in the question is the second option. I hope that this is the answer that has actually come to your great help.</span>
3 0
3 years ago
At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $314,000 and in Allowance for Uncollectible A
Alex787 [66]

Answer:

$11,750

Explanation:

The computation of bad debt is shown below:-

Bad debt expense = Estimated allowance for uncollectible at the year end - Existing balance in allowance for uncollectible account credit balance

= ($314,000 × 4%) - $810

= $12,560 - $810

= $11,750

Therefore for computing the bad debt expenses we simply applied the above formula.

8 0
3 years ago
Many years ago, Sprint Telecommunications aired an advertisement intended to demonstrate the clarity of reception Sprint custome
Misha Larkins [42]

The question is incomplete:

Many years ago, Sprint Telecommunications aired an advertisement intended to demonstrate the clarity of reception Sprint customers could expect. The ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. The mix-up was probably due to the presence of _____ in the communication process.

A.  noise

B.  poor encoding

C.  poor medium choice

D.  improprer network choice

E.  process loss

Answer:

A.  noise

Explanation:

-Noise refers to something that affects the communication process like a sound.

-Poor encoding  refers to not being able to use a medium to communicate.

-Poor medium choice  refers to picking the wrong channel to communicate.

-Improprer network choice  refers to picking the wrong transmission system to communicate.

-process loss refers to inefficiencies that affect the process.

According to this, the answer is that the mix-up was probably due to the presence of noise in the communication process because the statement indicates that the advertisement was intended to demonstrate the clarity of reception Sprint customers could expect and because of that, you can inferred that on the situation on the ad the probleem was due to noise that interfered with the clarity of the communication and because of that, the rancher received 100 dachshunds instead of 100 oxen.

7 0
4 years ago
Which of the following measures how the level of well-being in a country has changed over time? a. level of nominal GDP per pers
Taya2010 [7]

Answer:

d. growth rate of real GDP per person.

Explanation:

The level of well being of a country can be found by considering the price-index, i.e The real GDP per person and not nominal GDP per person.

4 0
3 years ago
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