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iVinArrow [24]
3 years ago
10

Suppose you win on a scratch‑off lottery ticket and you decide to put all of your $ 3,500 winnings in the bank. The reserve requ

irement is 5 % . What is the maximum possible increase in the money supply as a result of your bank deposit?
Business
1 answer:
Katarina [22]3 years ago
5 0

Answer:

$3,325

Explanation:

Reserves are maintained to fulfil the customers withdrawal requirement. It is imposed by the State bank over the Banks to hold a specific percent of cash as reserves. Bank hold the reserves and invest or utilize the residual in the market.

In this question 5% of $3,500 will be reserved and the remaining $3,325 will be available for the money supply in the market in different forms.

the maximum possible increase in the money supply as a result of your bank deposit is $3,325.

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Thank you for coming to Brainly with your questions :)

Here's my answer:

1. No hurtful gossip.
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3. Do not publish anything untruthful.
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7. Avoid stereotyping, including race, ethnic, gender, sexuality, etc.
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10. Support others views besides their own.


I hope this helps you. Please mark Brainliest :) Lemme know if I can do anything else to help you.

-Belle
7 0
3 years ago
Select three aspects that must be considered when analyzing assets.
serious [3.7K]

Answer:

Explanation:

Living expenses

Income

Financial plan

3 0
2 years ago
One of the​ trade-offs Tesla faces is between safety and the maximum range someone can drive an​ all-electric car before having
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<u>Answer:</u>

<em>A creation conceivable outcomes outskirts demonstrates the most extreme sum that an economy can deliver.</em>

<u>Explanation:</u>

The creation plausibility outskirts is a marginalist model that mirrors the most extreme amounts of merchandise and ventures that a nation or endeavour is fit for delivering in a given period and dependent on certain generation factors and innovative learning. Hence there are three circumstances in the profitable structure of a nation or endeavour:

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7 0
3 years ago
Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have d
nadezda [96]

<u>Full question:</u>

Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have done a considerable amount of research on this product, and think it would be successful in the U.S. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a

Multiple Choice

corporation.

limited partnership.

general partnership.

sole proprietorship.

<u>Answer:</u>

They should organize their firm as a   corporation.

<u>Explanation:</u>

A corporation is a kind of business process that represents the business as a separate, legitimate entity managed by a group of directors identified as the board of directors.

An essential component of a corporation is confined liability, which indicates that shareholders may practice share in the profits by dividends and stock recognition but are not individually responsible for the company's shares. A corporation's purposes can be for-profit or not, as with donations. Still, the huge preponderance of corporations intends to afford a return for its shareholders.

8 0
3 years ago
In employee is taking part in a performance appraisal process that requires the employee to rate a coworker's performance. In th
faust18 [17]

Performance appraisal is peculiar to establishments to better improve such. When a situation as the above is the case, then, tge situation is an example of Halo and Horn Effect.

<h3>Halo and Horn Effect</h3>

Halo and Horn Effect is when our first impression of somebody leads us to have a biased positive or negative opinion of their work or company. Hence, the relationship will most likely reflect in such situation.

Therefore, the answer is Halo and Horn Effect.

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4 0
2 years ago
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