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
Inessa [10]
3 years ago
14

Suppose you deposit ​$2 comma 5002,500 cash into your checking account. By how much will checking deposits in the banking system

increase as a result when the required reserve ratio is 0.11​0? The change in checking deposits is equal​ to: ​$nothing ​(enter your result rounded to the nearest dollar​).
Business
1 answer:
algol133 years ago
3 0

Answer:

The change in checking deposit is equal to $22,727.27.

Explanation:

An amount of $2,500 is deposited in a checking account.

The required reserve ratio is 0.11 or 11%.

A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.

The change in the checking deposits will be

= \frac{1}{RR} \times amount deposited

= \frac{1}{0.11}\times \$ 2,500

= $22,727.27

You might be interested in
A high level of energy consumption indicates _____.
zepelin [54]
A high level of industrialization.
4 0
3 years ago
Read 2 more answers
Which of the following retirement vehicles provide income tax-advantages? (check all that apply)
faust18 [17]

The 403(b) and 401(k) are the the retirement vehicles that provide income tax-advantages.

<h3>What is an income tax-advantages?</h3>

These advantage means the item one can subtract from your taxable income to lower the amount of taxes you owe.

Hence, the 403(b) and 401(k) are the the retirement vehicles that provide income tax-advantages.

Therefore, the Option A, C is correct.

Read more about tax advantages

<em>brainly.com/question/877887</em>

#SPJ1

5 0
2 years ago
You have been asked to analyze the Value Net of the craft brewing and distilling industries in your state, and you have observed
NARA [144]

Answer:

Those local hospitality businesses can be said to be Cooperators.

Explanation:

Co-operation: <em>Cooperation is an art, which is not so easy to be mastered.</em> The primary <em>purpose </em>of the <em>cooperation </em>is to gain <em>mutual benefit.</em> Yet because not everyone can understand the true sense of forming alliances (even if some do understand), it is difficult for them to create or manage those alliances because there are several factors which affect the relationships between associates. So, to have healthy and strong cooperation there is a need to get a grasp over those influencing factors.

<em>Now</em> there are reasons to believe that what the analysis implies (that there is a close relationship between these 2 industries) is true. Although how? let's get into those reasons.

  1. Both industries come in the same domain that is of consumption.
  2. Both can do their business separately without cooperating.
  3. But still, if they do cooperate they can get more than they do get separately.

An example to have a close look on the relationship: Consumer A has to go to 2 different places to get these 2 different services or products, consumer B just go to the one place and get all the service as well as get the product if he desires. So, Which one would be more satisfied? Consumer B for sure.

3 0
4 years ago
Two methods can be used for producing expansion anchors. Method A costs $15,000 initially and will have a $5000 salvage value af
kolbaska11 [484]

Answer:

The explanation is attached in the file below

Explanation:

Download docx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>
5 0
4 years ago
Natasha had a $922. 93 balance on her credit card at the beginning of September. Her credit card has an APR of 9. 89%, compounde
lapo4ka [179]

Answer:

I think the answer is C but i'm not sure

5 0
3 years ago
Other questions:
  • Miguel is doing a research paper on new york city's stonewall riots of 1969. he visits the scene of the riots, interviews people
    6·1 answer
  • Which of the following statements about the debate over stabilization policy are correct? Check all that apply. Advocates of act
    6·2 answers
  • A trademark can help your company do what?
    12·2 answers
  • A $1,000 par value bond was issued five years ago at a 8 percent coupon rate. It currently has 25 years remaining to maturity. I
    6·1 answer
  • If you are interested in working for a specific company, what type of job site should you look at for opening?
    7·1 answer
  • Arnold​ Marion, a firstminus year economics student at Fazer​ College, was given an assignment to find an example of price discr
    10·1 answer
  • Which of the following is true regarding GASB's definition of the financial reporting entity?
    6·1 answer
  • Calculating Economic Value Added East Mullett Manufacturing earned operating income last year as shown in the following income s
    15·1 answer
  • Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
    7·2 answers
  • Given on the balance sheets given for Just dew It, calculate the following financial ratios for each year:_________.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!