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3 years ago

Which of the following is not a basic consumer right?

Business

2 answers:

faust18 [17]3 years ago

7 0

Answer:

the answer is the right to a refund

Kitty [74]3 years ago

4 0

Answer:

the right to be refunded

Explanation:

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When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help

RideAnS [48]

Answer:

Lower reserves increase the money supply in the economy.

Banks can either keep deposits in reserves or give them out as loans.

the lower the reserve ratio, the higher the money multiplier and the higher the money supply.

Lowering the reserves can be a form of expansionary monetary policy

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = 1 / reserve requirement

Increase in value of total deposit = amount deposited / reserve requirement

Assume 100 is deposited in a bank and the reserve requirement is 10%

Increase in value of total deposit = 100 / 0.1 = 1000

Imagine that the reserve is reduced to 5%

Increase in value of total deposit = 100 / 0.05 = 2000

reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy

7 0

3 years ago

Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th

melisa1 [442]

Answer:

The Journal entry is as follows:

Depletion expense - Coal Deposit A/c Dr. $280,000

To Accumulated depletion -Coal Deposit $280,000

(To record the depletion expense for the current year)

Workings:

Depletion per ton = (cost - Salvage) ÷ Total units of production

= ($900,000 - $100,000) ÷ 200,000

= $4 per ton

Depletion expense = Tonnage tons mined current year × Depletion per ton

= 70,000 tons × $4

= $280,000

6 0

3 years ago

After its success in Japan, Starbucks worked with local operators, collecting initial fees and then royalties on store revenues

kotykmax [81]

Answer:

Franchising.

Explanation:

Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.

One of the main advantages of a franchise is that, franchisers such as Starbucks do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee. For instance, Starbucks could give the authority to an individual or group of people which would enable them to do the same business in another geographical location.

Hence, this type of relationship best describes franchising because Starbucks worked with local operators while collecting initial setup fees and then royalties on store revenues generated by the franchisees as it entered other Asian countries.

7 0

2 years ago

The most common measure of inflation is a statistic called the

olga55 [171]

ANSWER: Consumer Price Index (CPI)
The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.

7 0

3 years ago

Read 2 more answers

Consider the following production function: q equals 8 LK plus 5 Upper L squared minus (one third )Upper L cubed . Given the fo

4vir4ik [10]

Answer:

Explanation:

The below picture attached shows all the explanation required for this problem. I hope it works. Thank you

8 0

3 years ago