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wel
3 years ago
8

Let’s suppose that a bank has $600 million in total deposits. This bank is subject to a 20% required reserve ratio and has $100

million in reserves. Which of the following statements is correct?
Choose one:
A. The bank has insufficient reserves. It needs an additional $20 million to meet the reserve requirement.
B. The bank has no excess reserves.
C. The bank has insufficient reserves. It needs an additional $480 million to meet the reserve requirement.
D. The bank has $20 million in excess reserves.
E. The bank has $100 million in excess reserves.

Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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Mamont248 [21]

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I think I should ask in English language

4 0
3 years ago
One approach to understanding corruption perceptions is to compare information across a variety of countries. Your company has h
Ne4ueva [31]

Explanation:

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4 0
4 years ago
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
Vaselesa [24]

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.

7 0
3 years ago
Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in
Nataly_w [17]
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
</span>
$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
6 0
4 years ago
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kifflom [539]

Answer:

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3 years ago
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