1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
3 years ago
14

If a commercial banking system has $200,000 in checkable deposits, actual reserves of $70,000, and a reserve ratio of 20 percent

, then the banking system can expand the supply of money by a maximum of $180,000.
A. True
B. False
Business
1 answer:
Solnce55 [7]3 years ago
4 0

Answer:

B. False

Explanation:

The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).

The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio.  The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio.  With this multiplier factor, banks can increase the currency in circulation.  This is why central banks use the reserve ratio to monitor the supply of money in their economies.

You might be interested in
Seeking to obtain as high a financial return on their investments (ROI) as possible, firms will often set __________ goals
Llana [10]

Answer:

Profit

Explanation:

Profit goals is very essential in business in order to meet the set target. It is important to set a profit goals under to have a good returns for the business as well as the investors involved, it gives an insight to device the best strategy for great returns financially. theoretically, profit goals= summation of all sales / Units of sales

It should be noted that Seeking to obtain as high a financial return on their investments (ROI) as possible, firms will often set profit goals.

7 0
3 years ago
Crawford Fishing had a net income of $35,640 in 2017. They decided to pay $3,000 in dividends and keep the rest to help expand t
Lady bird [3.3K]

Answer:

'Retained income'.

Explanation:

We have been given that Crawford Fishing had a net income of $35,640 in 2017. They decided to pay $3,000 in dividends and keep the rest to help expand their production line.

We know that the net income that remains after paying dividends is known as 'Retained income'.

We also know that retained income can be used to pay off debts or it can be invested into business activities.

Therefore, the profit that Crawford Fishing keep to reinvest in the business is recorded as retained income.

8 0
3 years ago
What is the meaning of accounting.
DiKsa [7]
The action or process of keeping financial accounts is what accounting means
5 0
3 years ago
Read 2 more answers
which management theory uses time-motion studies to find the one best method for workers to perform each task and then teaches t
sergij07 [2.7K]

Taylor's Scientific management theory employs time-motion research to determine the best approach for personnel to execute each task and then teaches them that method.

Taylor's Scientific Management seeks the most effective approach to execute every task. He believed in universal rules that governed efficiency and that these laws were independent of human judgment. The purpose of Scientific Management was to find the "one best way" to accomplish things as effectively as possible. Frederick Winslow Taylor was an American mechanical engineer who lived from 1856 to 1915. He was the first management consultant and the first to examine work and production scientifically.

He is regarded as the father of Scientific Management and the efficiency movement. Taylor's Incentive Theory, often known as Scientific Management, was one of the first workplace motivation theories.

Learn more about teaches here

brainly.com/question/28591852

#SPJ4

7 0
1 year ago
If A, B, and C are three activities connected with SS and FF (combination) relationships with 2-day lag on the SS relationships
damaskus [11]

Answer:

22 days

Explanation:

number of activities : 3 ( A,B,C)

connected via : SS and FF combination.  days lag on SS and F = 2

Durations : 5,10 and 3

A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended

i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days

while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days

i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS

hence the project will end in 19 + 3 = 22 days ( i.e when C ends )

7 0
3 years ago
Other questions:
  • Timmy can edit 2 pages in one minute and he can type 80 words in one minute. Olivia can edit 1 page in one minute and she can ty
    8·1 answer
  • The demand for all carbonated beverages is likely to be ________ the demand for dr. pepper. more elastic than perfectly elastic
    14·1 answer
  • Fitzgerald Company wrote checks totaling $34,160 during October and $37,300 during November. $32,480 of these checks cleared the
    15·1 answer
  • Total product is the total​ _____ of a good produced in a given period.
    10·1 answer
  • Vulcan Company’s contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ende
    11·1 answer
  • Accountants focus on creating financial statements, whereas finance professionals use these statements to evaluate a firm and an
    14·1 answer
  • How is poverty anywhere a threat to prosperity everywhere?​
    13·1 answer
  • The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organiz
    15·1 answer
  • The market shares of the top five firms in the dishware industry are 18%, 32%, 11%, 14%, and 8%. What is the four-firm concentra
    11·1 answer
  • The following are the transactions for the month of July.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!