M1 is reserves which can easily be converted to cash. Such amounts should always be reserved as liquid in the banks.
A. The deposit of $20,000 increases M1 by 10% of the amount deposited. That is,
M1 increase = 0.1*20,000 = $2,000.
B. Part 1
Amount to be loaned out = Deposit - (Total reserve*Deposit) = 20,000 - [(2*0.1)*20,000] = 20,000 - 4,000 = $16,000
B. Part 2
Increase in money supply = 20% of deposit - 10% of deposits = Deposit (20%-10%) = 20,000 (0.2 -0.1) = 20,000(0.1) = $2,000
Answer:
Choice A: 0.4
Step-by-step explanation:
We are given the the equation that relates the height and width by a constant:
Therefore
From the points given on the graph we find
or
So the constant is 0.4.
Im pretty sure its 1.09375
Answer:
55x+33
Step-by-step explanation:
A = L*W
L = 5x+3
W= 11
A = (5x+3)*11
A = 55x+33