Answer:
B. False
Explanation:
The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).
The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio. The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio. With this multiplier factor, banks can increase the currency in circulation. This is why central banks use the reserve ratio to monitor the supply of money in their economies.
An import tariff would increase the price of certain foreign-made goods.
Answer:
Labor unions can use the power of collective bargaining and strikes to make management listen. Instead of using the power of one, easily replaced worker, the union uses the power of all workers for leverage.
Explanation:
If something goes wrong, the company will make sure you're not completely screwed.
Answer:
the amount that she have to donate is $166,666.70
Explanation:
The computation of the amount that she have to donate is shown below:
Donation amount is
= Annual scholarship ÷ (interest rate - inflation rate)
= $2,500 ÷ (5.5% - 4.0%)
= $2,500 ÷ 1.5%
= $166,666.70
hence, the amount that she have to donate is $166,666.70
We simply applied the above formula so that the correct value could come
And, the same is to be considered
