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Bond [772]
3 years ago
10

Suppose that the banking system has $100,000 in total deposits and actual reserves on hand in the amount of $35,000. If the lega

lly required reserve ratio is 20 percent, the maximum amount the banking system can add to the money supply is:
Business
1 answer:
Wewaii [24]3 years ago
8 0

Answer:

$75,000

Explanation:

If the legally required reserve ratio is 20%, then the money multiplier = 1 / 20% = 5.

Since the bank's excess reserves are $15,000 (= $35,000 - $20,000), the total amount of money it can add to the money supply = excess reserves times money multiplier = $15,000 x 5 = $75,000

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If a company is considering the purchase of a parcel of land that was acquired by the seller for $90,000 is offered for sale at
Lelechka [254]

Answer:

$147,000

Explanation:

According to the historical cost principle, the assets of the company should be recorded at the purchase price or acquisition price in the financial statements

Since in the given situations many values are given with respect to the acquisition done by the seller, for tax turquoises, etc

But it is recorded at the purchase price i.e $147,000

8 0
4 years ago
Adams County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their ow
pashok25 [27]
Explain this better plz
6 0
3 years ago
Suppose that widgets are produced by a monopolistically competitive industry. If each firm in this market has the same cost stru
natulia [17]

Answer:

The equilibrium number of firms is 20.

Explanation:

Q = SH × b

   = 2,400 × (1/20)

   = 2,400 × 0.05

   = 120

Also given, Q = S / n

                120 = 2,400 / n

                  n = 20

3 0
4 years ago
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
4 years ago
Which career professional sets up, runs, and maintains equipment such as lights? Camera Operator
mylen [45]
I would say camera operator
3 0
4 years ago
Read 2 more answers
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