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Nonamiya [84]
3 years ago
7

PLEASE HELP ASAP. Please

Mathematics
1 answer:
Dvinal [7]3 years ago
4 0
Ryans was more expensive cause 2/3 is 0.66... which is a repeating decimal. That is smaller than 0.8
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Suppose the required reserve ratio is 20 percent. If banks are conservative and choose not to loan all their excess reserves, th
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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 = 1+0.8 + 0.8^2 +0.8^3+...with common ratio 0.8<1

Hence infinite sum = \frac{a}{1-r} =\frac{1}{1-0.8} \\=5

So deposit multiplier is B) equal to 5

5 0
3 years ago
Cindy is purchasing a decorative ribbon in sections that each measure
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2 years ago
At Madison High school each student studies exactly one foreign language. Three fifths of the students taking Spanish, and one f
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3/5 = 0.6 = 60%

60% of the total take Spanish.

That leaves 40% for the other languages.

1/4 of 40% is 10% that take German.

40% - 10% = 30% take French.

4 0
3 years ago
What does unit rate mean and what is an example of a u it rate
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3 years ago
Christy bought a 9- foot piece of lumber trim bookshelf. Altogether, she needs 100 inches of lumber. Did Christy buy enough lumb
a_sh-v [17]

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Yes.

Step-by-step explanation:

because 9 feet converted to inches equals 108 inches, we know this because we can convert feet to inches via multiplication. To do this, simply multiply the given number (9) by 12 to get your answer.

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2 years ago
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