1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lys-0071 [83]
3 years ago
13

In​ 2008, the required reserve ratio for a​ bank's first​ $9.3 million in checking account deposits was zero. It was 3 percent o

n deposits between​ $9.3 million and​ $43.9 million, and 10 percent on deposits above​ $43.9 million. In most​ cases, and for​ simplicity, we assume that the required reserve ratio is 10 percent on all deposits.​ Therefore, the simple deposit multiplier is 10. Is the​ real-world deposit multiplier greater​ than, less​ than, or equal to the simple deposit​ multiplier?
Business
1 answer:
Greeley [361]3 years ago
8 0

Answer:

In most cases the deposits have a reserve ratio of 10% but in some cases the ratio is 0% and 3%, both these numbers are lower than 10. This means that in most cases the ratio is 10% and in some cases the ratio is less than 10 % so the real word deposit multiplier will be less than 10.

Explanation:

You might be interested in
Firms pursuing global standardization or transnational strategies tend to prefer _____ arrangements.
astra-53 [7]

Wholly owned subsidiary arrangements are preferred by firms which pursue global standardization or transnational strategies.

This arrangement gives a firm an advantage since it is able to use profits from one market to improve its position in another competitive market.

Another few advantages of wholly owned subsidiary arrangements are tax benefits, limited liability, promotes diversification.

Learn more about wholly owned subsidiary arrangements here:

https://brainly.in/question/8819903

#SPJ4

8 0
2 years ago
He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0
3 years ago
Select the best answer for the question.
Lorico [155]

Answer:

QC

Explanation:

US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.

6 0
3 years ago
What is one difference between a vocational school and on-the-job training?
Gemiola [76]
Vocational classes provide job focus training for specific roles or careers
8 0
3 years ago
Read 2 more answers
A stationery company plans to launch a new type of indelible ink pen. Advertising for the new product will be heavy and will cos
stich3 [128]

Answer:

The advertising spend would reduce income taxes by $2.8 million

Explanation:

The advertising expense since it is allowable expense from profits made in the year would reduce income taxes next year by  $2.8 million ($8 million *35%)

This means that because of its tax deductibility,it would make a business sense to incur the advertising cost of $8 million coupled with the fact the it has the potential to increase sales revenue over and above the current level of $280 million

3 0
4 years ago
Other questions:
  • What is land as a factor of production?
    9·1 answer
  • how does money solve the problem of double coincidence of wants? explain with an example of your own.​
    10·1 answer
  • What is the expected return on this stock given the following information?
    9·1 answer
  • For each of the following depreciable assets, determine the missing amount. Abbreviations for depreciation methods are SL for st
    9·1 answer
  • If the returns on a stock index can be characterized by a normal distribution with mean 12% and standard deviation of 3%, the pr
    11·1 answer
  • What is the Internet?
    15·2 answers
  • which of the following countries had the highest per capita GDP in 2013? Iran, Malaysia, Poland, Turkey
    13·1 answer
  • Please help!! My 9th time posting this please actually help me!
    5·1 answer
  • What stock should I buy
    9·1 answer
  • Creating, developing, retaining, and obtaining products and services that meet consumer needs is called _____.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!