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lidiya [134]
3 years ago
13

Suppose that the reserve ratio is 25% and that banks loan out all their excess reserves. If a person deposits $100 cash in a ban

k, checking account balances will increase by a maximum of
Business
1 answer:
Studentka2010 [4]3 years ago
7 0

Answer:

$400

Explanation:

Given that

Reserve ratio = 25%

Deposit cash in a bank = $100

So, the maximum amount of increasing the checking account balance would be

= Deposit cash in a bank ÷ Reserve ratio

= $100 ÷ 25%

= $400

We simply divide the cash deposited by the reserve ratio so that the accurate value could come i.e maximum increase checking account balance.

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Ivory is listening to a manager present statistics that they believe supports a new initiative. Which type of critical thinking
ioda

The type of Critical Thinking Questions that Ivory should ask at this point are:

  • What are the assumptions?
  • what are the issues and the conclusions?
  • Are there fallacies in the reasoning?
  • How authentic is the data presented?

<h3>What are Critical Thinking Questions?</h3>

Critical  Thinking Questions are questions that make inquiries into the veracity of a claim.

They help the evaluator to maintain a logical and rational line of thoughts so that they are able to connect clearly the relationship between facts and ideas.

Learn more about Critical Thinking Questions at:
brainly.com/question/6034421

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2 years ago
Which financial institution is known as a cooperative association?
Serhud [2]

Answer:

<em>Credit Unions</em><em> </em>is known as a cooperative association.

hope it helps!

5 0
3 years ago
utilizing the models of marketing communication-- tactic used in the one-to-one model which is a more personal level of marketin
Ghella [55]

Direct marketing tactic.

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6 0
3 years ago
Read 2 more answers
Which of the following is not a category of electrical burns?
Musya8 [376]
D, thermal contact would just cause a regular burn, not an electrical one.
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3 years ago
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Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t
Komok [63]

Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

Cash A/c.............................................Dr    $33,000

     Common Stock A/c........................Cr   $30

     Paid in Capital A/c...........................Cr   $32,970

Working Notes:

Cash = Number of shares × Issue Price

= 3,000 × $11

= $33,000

Common Stock = Number of Shares × Par Value

= 3,000 ×  $0.01

= $30

Paid in Capital = Cash - Common stock

= $33,000 - 30

= $32,970

3 0
3 years ago
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