Answer:
Money Multiplier= 1/ reserve ratio = 1/10% = 10
Change in Money Supply = Change in Reserves * Money Multiplier
= 1,000 * 10 = 10,000
So, option d is the correct option.
Answer:
Noise
Explanation:
Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique dialect and delivery style. This is an example of _noise_.
Noise refers to anything that interferes the communication between the speaker and the audience. It can be both external as well as internal. It can disrupt the communication process at any instant.
False.
Explanation:
in addition to the service charges applicable to the no frills account was substantially lower than that of the regular savings accounts as a result the zero balance requirement that most banks offered,the account became commonly known as ZERO BALANCE ACCOUNT.
Answer:
(a)
Dr Investment in Gordon Corp. 230,400
Cr Cash 230,400
( to record investment in Gordon Corp.; calculated as 10 x 23,000 + 400)
(b)
Dr Investment in Gordon Corp. 18,400
Cr Share of Gordon Corp earning 18,400
( to record share of profit in Gordon Corp, calculated as % of Gordon Corp share owned x Gordon Corp's earnings = 23,000/100,000 x 80,000)
(c)
Dr Cash 45,000
Cr Investment in Gordon Corp. 45,000
( Record dividend receipt from Gordon Corp)
Explanation:
Further explanation, as Morgan Co. acquires 23% of Gordon Corp. ( 23,000/100,000); equity method should be applied.
