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4 years ago

A currency drain occurs when

Business

1 answer:

gogolik [260]4 years ago

5 0

Answer:

The correct answer is: non-bank public increases its holdings of currency outside the banking system.

Explanation:

A currency drain refers to the situation where there is an increase in currency held outside the banking system. When the public holds more money outside the banking system, it reduces the total reserves of the banks. The excess reserves get reduced as well.

The currency gets drained from the banking system, so banks can create less money. This causes a reduction in the money supply.

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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago

What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suita

aalyn [17]

The part of wildlife management that overseas the trapping animals in areas where they are much and get them release to where they are not abundant is : D Hunting regulations

Hunting regulations can be regarded as the measures that are put in place to save the life of wildlife from going into extinction.

This body usually trap animals in areas they are much they released them to areas they are not much.

The body dictate the hunting seasons that the hunter should hunt, and not to hunt.

It gives the bag limits as well as poaching laws on the hunting proces

Therefore, the correct option is D

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brainly.com/question/19115257?referrer=searchResults

3 0

3 years ago

Holiday Tree Farm has a cash balance of $34 and a short-term loan balance of $180 at the beginning of Q1. The net cash inflow fo

Simora [160]

Answer:

$184.27

Explanation:

initial cash balance $34

initial short-term loan balance $180

net cash inflow Q1 = $36

repaid $50 to short term loan including interests ($3.60)

initial cash balance $20

short-term loan balance = $133.60

net cash outflow Q2 = $48

short term loan was taken to cover this deficit plus $2.67 in interests ($133.60 x 2%)

short term loan balance at the end of Q2 = $133.60 + $48 + $2.67 = $184.27

8 0

3 years ago

According to statistics, a person will devote 33 years to sleeping and watching tv. the number of years sleeping will exceed th

zepelin [54]

Let n represent the number of years watching TV.

Then let sleeping represent as n+19.

Solution for this problem is:

n+n+19=33

2n=14

n = 14 divided by 2

n=7

7 years are spent watching TV while 26 years are spent in sleeping.

Other solution:

To figure out how many years you spend sleeping and watching TV, you first need to take the number in total, which is 33, and subtract the number that you will exceed sleeping.33 – 19 = 14. Now that you have the number 14, you can see that 14 divided in 2 = 7. 7 +19 = 26. This leaves you with a remainder of 7 hours watching TV and 26 hours sleeping. 26 is 19 greater than 7. 7 + 26 = 33.

6 0

4 years ago

A monopsonistic employer in an unorganized (nonunion) labor market will: Group of answer choices pay a wage rate in excess of la

pogonyaev

Answer:

pay a wage rate less than labor's MRP

Explanation:

A monopsonistic employer in an unorganized (nonunion) labor market will: "pay a wage rate less than labor's MRP"

The above statement is based on the idea that Monopsony is a market situation whereby a single buyer or firm is the only purchaser of a good or service, which in most cases has to do with the purchase of labor.

And given the fact that the firm is the sole purchaser of labor, where there is no labor union, there is a high tendency that such firm or employer pays a wage rate less than labor's marginal revenue productivity.

3 0

3 years ago