Answer:
Option B
Step-by-step explanation:
Given that the required reserve ratio is 20 percent.
Since banks are conservative they choose not to loan all their excess reserves
i.e. only 20% of deposits is kept as reserve and 80% lent.
This 80% will again be deposited in a bank and 80% of 80 i.e.64% would be lent. Thus this will form a geometric progression infinitely as
deposits
with common ratio 0.8<1
Hence infinite sum = 
So deposit multiplier is B) equal to 5
Answer:
0.6836
Step-by-step explanation:
(weight - mean weight) = 48
Variance, s² = 204,304
Sample size, n = 89
We need to obtain the Zscore :
Zscore = (X - mean) / standard Error
Zscore = (weight - mean weight ) / (s/√n)
s = √204304 = 452
The difference from the meanncoukdnbe either to the right or left :
Zscore = - 48 / (452/√89) OR 48 / (452/√89)
Zscore = - 48 / 47.911904 OR - 48 / 47.911904
Zscore = - 1.002 or 1.002
P(Z < - 1.002) = 0.1582 (using Z table)
P(Z < 1.002) = 0.8418
P(Z < 1.002) - P(Z < - 1.002)
0.8418 - 0.1582
= 0.6836
Answer:
slope = -3
Step-by-step explanation:
slope is: (delta y)/(delta x)
so slope = (15-3)/(0-4)
= -3
16*7.96=127.36
127.36ft of steel will be required.
988
A year later will depreciate $294
The following year $253
On the third year $217
The fourth year. $187
And the 5th year. $161