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dimaraw [331]
3 years ago
7

The three areas in which Americans spent most of their money are

Business
1 answer:
algol133 years ago
4 0
B clothing, entertainment, and health care
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Jon described that there are "Three Circles" when it comes to finding a job. Identify and describe each of the "Three Circles" i
Kay [80]

Answer:

well one is what your passion is. like what you like. what people will pay you to do and how much. and what you are good at.

Explanation:

3 0
3 years ago
Assume company x deposits $100,000 in cash in commercial bank. If no excess reserves exist at the time this deposit is made and
kodGreya [7K]

Assume company x deposits $100,000 in cash in a commercial bank. If no excess reserves exist at the time this deposit is made and the reserve ratio is 20 percent, the bank can increase loans by a maximum of $500,000.

Reserve ratio = 20% = 20/100 = 0.25

Initial Money supply = (1/Reserve ratio)*New Deposit = (100,000/0.25) = $ 400,000

Reserve ratio = Rerserve / Deposit

=> Reserves = 0.25*100,000 = 25,000

Max Increase in Money Supply = Initial Money Supply + Reserves/ Reserve Ratio

= $ 400,000 + 100,000

= $ 500,000.

The term commercial bank refers to financial institutions that accept deposits, provide checking account services, issue various loans, and provide basic financial products such as certificates of deposit (CDs) and savings accounts to individuals and small businesses. refers to

Learn more about the commercial banks at

brainly.com/question/1238952

#SPJ4

5 0
2 years ago
Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 and Rasheed is willing
Romashka [77]

Answer:

Mark's individual consumer surplus is $10.

Explanation:

Mark and Rasheed are at the bookstore buying new calculators for the semester.

Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.

The price for a calculator at the bookstore is $65.

The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.

Mark's individual consumer surplus

= Price mark was willing to pay - Price he actually has to pay

= $75 - $65

= $10

4 0
3 years ago
Question 4 of 10
LenaWriter [7]
The answer is C lowering taxes while easing spending
4 0
3 years ago
Read 2 more answers
The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common
BlackZzzverrR [31]

Answer:

Total stockholders' equity $ 594,435

Explanation:

Goodale Properties Inc.

Stockholders' Equity

June 30

Common stock at $15 par $219,000

Paid in capital in excess of par-Common stock $17,520

Paid in capital from sale of treasury stock$9,500

Total paid in capital $246,020

Add: Retained earnings $362,000

Total $608,020

Less: Treasury stock $ 13,585

Total stockholders' equity $ 594,435

8 0
3 years ago
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