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:
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
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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
The answer is C lowering taxes while easing spending
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