Answer:
$17,000
Explanation:
Amount Deposited into checking account = $1,700 cash
Required reserve ratio = 0.10
Money multiplier = 1 ÷ Required reserve ratio
= 1 ÷ 0.10
= 10
Change in money supply = Amount deposited × Money multiplier
= $1,700 × 10
= $17,000
Therefore, the increase in total money supply would be $17,000.
Answer: The Consumer Credit Protection Act (CCPA)
Explanation:
In 1968, The Consumer Credit Protection Act was enacted was enacted so that people would only received fair credit practices and also to protect the consumers from harm
According to the CCPA, the total cost that is involved with regards to a loan must be disclosed. Therefore, the federal laws that protects you if you have a complaint regarding consumer credit is The Consumer Credit Protection Act (CCPA).
It’s basically manipulate
Answer:
d. preemptive right
Explanation:
Preemptive rights refers to the clause that is included in a merger agreement or security that allows an investor to buy a proportionate number of shares to be issued in the future in order to protects him from losing his percentage ownership of a company.
The aim a preemptive right is to avoid a situation whereby the management of the company take over the control of the company by issuing and buying extra shares of the corporation to themselves. It basically aims to prevent the dilution of the value of stockholders.
