If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.
<h3>What is an excess reserves?</h3>
Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.
Since there is $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000
Therefore, If the banking system does NOT want to hold any excess reserves, $250,000 will be <u>added </u>to the money supply.
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Answer:
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Explanation:
Answer:
It emphasize on applicant's continued interest because when you create a follow up letter after rejection, candidate should be confident and persistent . He should show confidence in meeting the job requirements.
Explanation:
It seems that you have missed the necessary options for us to answer this question, so I had to search for it. Anyway, here is the answer. The one that is not included in the balance sheet is the SALES. Sales is seen in the income statement. Hope this helps.
Answer:
1 Cash $60000
Common Stock $4000
Additional Paid in Capital $56000
2 Cash $60000
Common Stock $60000
Explanation:
When stock issue at Market value the cash generated above the par value will consider as Additional Paid in Capital while cash common stock no par value it will consider as share issued at market value when share issued at no par value.