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r-ruslan [8.4K]
3 years ago
10

Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. Ifit accepts a $1,000 cash

deposit, then, excluding the $1,000 initial deposit, the banking system can increase the money supply by:a.$900.b.$910.c.$1,000.d.$9,000.e.$10,000.
Business
1 answer:
lyudmila [28]3 years ago
4 0

Answer:

a.$900

Explanation:

The required reserve is the amount of reserve required by the Central bank for banks to keep as reserves.

If the reserve ratio is 10% and $1000 is deposited, the required reserve is $100.

$1000 - $100 = $900 would be available to banks to give out as loans. Thus , money supply increases by $900.

I hope my answer helps you.

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A broker followed the instructions in an escrow disbursement order. However, one of the parties to the contract sued the broker
densk [106]

The amount that should be associated with the given case is $16,000.

The computation is as follows:

= Money damages + cost of the court + attorney fees associated

= $8,000 + $3,500 + $,4500

= $16,000

In order to determine the value i.e. associated we add the above 3 items.

Therefore we can conclude that The amount that should be associated with the given case is $16,000.

Learn more about the broker here: brainly.com/question/1752402

4 0
3 years ago
4. Noah paid all of his bills and put a bit of money in savings for the month. He has a little bit of money left-over to spend o
Semenov [28]

Answer:

Disposable Income

Explanation:

dis·pos·a·ble in·come

/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/

Learn to pronounce

noun

income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.

"the rents of tenants in work reached 21 percent of disposable income"

6 0
3 years ago
Bill plans to open a self-serve grooming center in a storefront. The grooming equipment will cost $425,000, to be paid immediate
Rudik [331]

Answer:

1.075

Explanation:

The computation of the profitability index is shown below:

= Net Present value ÷ Required investment

where,

Net Present value

= Annual cash inflows × PVIFA for 8 years at 12%

= $92,000 × 4.9676

= $457,019.2 0

Refer to the PVIFA table

And, the required investment is $425,000

So, the profitability index is

= $457,019.2 0 ÷ $425,000

= 1.075

8 0
4 years ago
What is a significant part of the step of evaluating controls and determining which controls to implement?
Kisachek [45]

Answer:

"CBAs" would be the appropriate answer.

Explanation:

  • The CBAs system was intended to incorporate various business practices and knowledge across multiple security experts as well as provide a structured process to match application development policies and procedures with either the institution's threat analysis.  
  • As either a consequence, a structure is developed to enhance their safety infrastructure of business process development.
6 0
3 years ago
.Consumers are better off with pricing in the following order: 1)________; 2)________; 3)________.
rosijanka [135]

Answer:

Option (A) is correct.

Explanation:

(i) Competitive market

(ii) Single price monopoly

(iii) perfect price discrimination

Consumer surplus are the highest in the perfectly competitive market conditions as compared to single price monopoly because prices are determined by the market forces and firms are the price taker.

Consumer surplus is zero when there is a perfect price discrimination because price is charged according to the willingness of the consumer.

6 0
4 years ago
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