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
lesantik [10]
2 years ago
10

When a bank keeps $12 from a $100 deposit as legal reserves, it is using

Business
1 answer:
vitfil [10]2 years ago
6 0
When a bank keeps $12 from a $100 deposit as legal reserves, it is using <span>a fractional reserve system. The correct option among all the options that are given in the question is option "b".

</span>The Fed has defined different categories of money, M1 and M2, according to the money's function. The correct option among all the options <span>that are given in the question is option "b".</span>
You might be interested in
1,1. What is a Fixed Asset Register.Explain how this document assists
alukav5142 [94]

Answer:

A fixed asset register is a detailed list of all fixed assets which are owned by a business. Its main purpose is to enable an organization to accurately record and maintain both financial and non-financial information pertaining to each asset and to easily identify and verify an asset when required.

Explanation:

4 0
3 years ago
The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balan
VMariaS [17]

Answer: d. $240,400

Explanation:

To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).

That would be,

= 233,000 + 31,600 - 24,200

= $240,400

$240,400 is the Cost of Goods sold for the year so Option D is correct.

8 0
3 years ago
Due to the rise of large-scale production, the influx of peasants to urban areas to find work, and the development of a system o
Strike441 [17]

Answer:

Barter system

Explanation:

Barter system - it is system of exchanging the good and service with others good and service in that return. the main point to note in this is that medium of offering services and goods is ignored i.e. money.

these type of system is used in society from centuries and long time back before money was introduced.

8 0
3 years ago
Many companies who deliver their own product to their stores through their own trucks are using ________ as a way to offset expe
sergij07 [2.7K]

Answer: E) backhauls.

Explanation:

Backhauls are known as the parcel delivery process used by the means of transport by which they collect packages at various stops while also delivering couriers so that the truck is not empty upon return.

For example, a truck must take a package from point A to point B, on the way to point B it picks up a 2nd package, after delivering the 1st package at point B it carries the 2nd package back to point A. Therefore the truck was never empty throughout the journey.

<em>I hope this information can help you.</em>

8 0
3 years ago
When studying abroad last year, Blake found that his U.S. dollars did not stretch as far as he had hoped. Each time he exchanged
rewona [7]

Answer:

C. the euro has gained strength against the dollar.

Explanation:

If Blake gives up more U.S. dollars in exchange for less euros every time, this means that the exchange rate is increasing. The exchange rate is the price of a currency in exchange for another. So, if the price is increasing that means that euro is getting stronger than dollars,  which is contrary to affirmation A and B, but is affirmation C. This could be because the demand for euro is stronger than the demand for dollars, which is contrary to affirmation D.

5 0
3 years ago
Other questions:
  • Notice that real GDP trends upward over time but experiences ups and downs in the short run. A period of declining real GDP, suc
    6·1 answer
  • Why does a diverse and inclusive workforce benefit a firm supporting a global market?
    15·1 answer
  • One consequence of the misuse of PHI is disciplinary action up to and including termination of .
    15·2 answers
  • Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free
    13·1 answer
  • Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti
    9·1 answer
  • The Sports Warehouse operates in two distinct segments; equipment and apparel. The income statements for each operating segment
    13·2 answers
  • Writing down that the National Entrepreneurship Foundation is available to
    13·2 answers
  • Paid $1,300 towards principal of the notes payable<br> What is the credit and debit for this?
    5·1 answer
  • Which of the following is NOT Considered personal information?
    7·2 answers
  • A customer asks about or expresses concern that the rogue vc-turbo has three cylinders. What are some ways to respond?.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!