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
Feliz [49]
4 years ago
9

The main feature of fractional reserve banking is that banks:

Business
1 answer:
Klio2033 [76]4 years ago
5 0

Answer:

c) keep a portion of deposits in reserves but lend out the rest.

Explanation:

Fractional reserve banking -

It is the system , where the fraction of the bank deposits are backed by the actual cash money on hand and is for the withdrawal purpose .  

This helps to expand economy of the country , by lending more .  

The bank reserves certain amount with itself and the rest amount is given for the lending purpose .

You might be interested in
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch
IgorC [24]

Answer:

price level fall and value of money is rises

Explanation:

given data

one year basket costs =  $10.00

two year two basket costs =  $9.00

one year buy baskets = $50

year two,buy baskets = $50

to find out

as the price level falls, the value of money  will be

solution

we see that when we compare to 1 year price go down from $10 to $ 9

so deflation at annual rate is \frac{10-9}{10} = 10%

so here

sum of $50 will be buy here = \frac{50}{10} = $5 in one year

and $ 50 buy in 2 year is = \frac{50}{9} = $5.56 in two year

so this is show here that price level fall and value of money is rises

4 0
3 years ago
Cash paid for which of the following activities would affect the amount reported for operating cash flows in the statement of ca
photoshop1234 [79]

Answer:

Paying electricity bill for the month

Explanation:

The operating activities are shown in the cash flow statement. It has two methods

1. Direct method: The direct method records all those expenses related to the cash receipts and the cash payments  

2. Indirect method: The indirect method records that transactions that impacts the working capital that means a change in the working capital which would come after reporting the net income.  

So, the electricity bill is a cash payment that is to be reported in the operating activities.

3 0
3 years ago
Which type of insurance has flexible premium payments? A. automobile liability insurance B. earthquake insurance C. index univer
vlada-n [284]
The best answer here would be
C.) index universal life insurance.
With life insurance it's not required by the state, therefore, you get to choose a specific plan that fits your desire for payments.

6 0
4 years ago
A consumer must decide between purchasing a new cell phone or renting a new car. Why might determining the opportunity cost be u
Daniel [21]

When a consumer has to decide between buying a new smartphone or renting a new car, the determination of opportunity costs is difficult, as both the expenses have different utilities.

<h3>What is opportunity cost?</h3>

The cost, which is undergone in order to let go of an alternative divestment of such cost, is known as an opportunity cost. An opportunity costs may be backed by emotions and other external factors.

Hence, the significance of opportunity costs is given above.

Learn more about opportunity cost here:

brainly.com/question/13036997

#SPJ1

4 0
2 years ago
What is a benefit of stock markets?
sleet_krkn [62]

Answer:

currently there will be no benifits because of the Corona Virus because the stock market is crashing.

6 0
3 years ago
Read 2 more answers
Other questions:
  • How does your credit score affect the price you pay for insurance? Discuss at least two methods for improving your credit score.
    9·1 answer
  • HURRY
    11·2 answers
  • What’s the correct answer?
    5·2 answers
  • J what is the definition of irritated?
    8·1 answer
  • a college in a metropolitan area wishes to increase its evening offerings of business-related courses such as marketing, account
    15·1 answer
  • The folowing information applies to the questions displayed below] Hoboken Industries currently manufactures 48,000 units of par
    15·1 answer
  • Your company will need a business plan in order to do what? A. Increase revenue. B. Identify an opportunity. C. Pay taxes. D. Ge
    10·2 answers
  • The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $88.71. The variable c
    6·1 answer
  • How does the trade adjustment assistance program attempt to help domestic firms and workers who are displaced as a result of imp
    7·1 answer
  • Equipment was acquired at the beginning of the year at a cost of $36,500. the equipment was depreciated using the double-declini
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!