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gavmur [86]
3 years ago
11

Why do banks retain a fractional reserve?

Business
1 answer:
nevsk [136]3 years ago
7 0
Because banks hold reserves in amounts that are less than the amounts of their deposit liabilities, and because the deposit liabilities are considered money in their own right, fractional-reserve banking permits the money supply to grow beyond the amount of the underlying base money.
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Interno Computers Inc., together with subsidiaries, designs, manufactures, and markets personal computers and mobile communicati
natita [175]

Answer:

the best way to plan and implement a product launch a high-end portable digital music player worldwide is by digital Launch.

Explanation:

Digital Launch is a cutting edge marketing entity that uses its innovative strategies to effectively market brands and entertainers through both the conventional and rich media worlds.

Use the steps outlined below:

  • Be strategic by finding your target audience
  • Go overboard with outreach via the media space by introducing pre-order and promo codes.
  • Do targeted social media ads.
  • Use Lead generation to create a mailing list.
  • Use brand ambassadors in the digital music space to drive engagement
  • Make the launching proper an experience by creating an event around it.
6 0
4 years ago
Technoblade is better than Dream. You better say techno for 100 Coins
artcher [175]

Answer:

Techno won and dream lost so which means dream lost his dreams on being the best and techno won his dreams on being the best!

Explanation:

5 0
3 years ago
Read 2 more answers
Your firm has $45.0 million invested in accounts receivable, which is 90 days of net revenues. If this value could be reduced to
Leokris [45]

Solution :

Number of days = 90 days

Amount invested = $45 million

So the current earnings is $\$45 \text{  million }  \times 1.075 \text{  in}\ \ 90 \text{  days}$

The number of days is reduced to 50 days. So we can now make the same amount in just 50 days.

So the net increase is what we will make in the remaining 40 days.

If in 50 days, we earn 0.075 return, then we can consider 50 days as t=1.

Then the 50 days = 45 \times 0.075^1  return, and

40 days = 45 \times (0.075)^{40/50}

             =45 \times (0.075)^{4/5}

              = \$ 5.66580371 million increase

              = $ 5.7 million

6 0
3 years ago
How long will it take for a $4000 investment to grow to $6000 at an annual rate of 15%, compounded monthly? Assume that no withd
Inessa05 [86]

Answer:

It will take 2.72 years and 32.64 months.

Explanation:

Future value is the sum of principal amount and compounded interest amount invested on a specific rate for a specific period of time.

Use following formula to calculate the time period.

FV = PV x ( 1+ r )^n

FV = Future value = $6,000

PV = Present Value =  $4,000

r = rate of interest = 15% yearly = 15% / 12 = 1.25%

n = time period = ?

$6,000 = $4,000 x ( 1 + 1.25% )^n

$6,000 = $4,000 x ( 1.0125 )^n

$6,000 / $4,000 = ( 1.0125 )^n

1.5 = ( 1.0125 )^n

Log 1.5 = n log 1.0125

n = Log 1.5 / log 1.0125

n = 32.64 months

n = 2.72 years

6 0
3 years ago
Producer surplus is defined as the:difference between a price floor and the market price.gap between the supply curve and the ma
klemol [59]

Answer:

Gap between the supply curve and the market price.

Explanation:

Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.

Producers surplus = Actual market price - Willingness to accept the price

Graphically, it is the area between the upper portion of supply curve and the market price.

7 0
3 years ago
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