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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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Which of the following is an example of a non-profit organization?
Anna007 [38]

Answer: Salvation army

Explanation: Non profit organisations are those organisation, which perform their operation with the objective of social welfare or charity.

Salvation army is a charitable organisation having more than 1.7 million members all over the world, whom they refer to as soldiers. This organisation mainly serves to the poor and hungry.

Thus, we can conclude that the right option is D.

8 0
3 years ago
You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th
lara [203]

Answer:

E. You should accept the $200,000 because the payments are only worth $195,413 to you today

Explanation:

We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 1,400.00

time 240 (20 years x 12 month per year)

rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)

1400 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\

PV $195,413.0804

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3 years ago
For a monopolistically competitive firm, at the profit-maximizing quantity of output,
elena-s [515]
The rest of it will be: price equals marginal cost. But this indeed is not true. The most accepted idea is that for a monopolistically competitive firm the average revenue and price are the same quantity. Now, when a monopolistically competitive firm is in long-run equilibrium, then the marginal revenue is equal to marginal cost. 
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What do you mean by Producer's Equilibrium ?????​
Alika [10]

Answer:

it is refered to as profit maximization condition

6 0
3 years ago
Read 2 more answers
One of the most useful ways to break the glass ceiling in organizations is to _____. Select one: a. eliminate status-blind emplo
kobusy [5.1K]

(A) Eliminate status-blind employment practice.

What is a glass ceiling?

  • A glass ceiling is a metaphor used to represent an invisible barrier that prevents a given demographic from rising beyond a certain level in a hierarchy.
  • The metaphor was first coined by feminists in reference to barriers in the careers of high-achieving women.
  • In the United States, the term is sometimes extended to include barriers to minority women's and minority men's advancement.
  • Minority women in white-majority countries frequently face the greatest challenges in "breaking the glass ceiling," because they are at the convergence of two historically marginalized groups: women and people of color.
  • The phrase "bamboo ceiling" was coined by East Asian and East Asian American news outlets to describe the barriers that all East Asian Americans encounter in furthering their careers.

After reading all the questions option (A) is the most useful way to break the glass ceiling.

Therefore, the correct option is (A) Eliminate status-blind employment practice.

Know more about organizations here:

brainly.com/question/19334871

#SPJ4

3 0
2 years ago
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