Answer:
A. True
Explanation:
Large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Federal Reserve, and this has caused an increase in the money multiplier and the money supply.
This is true as an increase in the Federal reserves would lead to increased room for loan and lending facilities which would also help increase the money supply of the populace.
Capitalism is indeed an economic system in which privately owned businesses and individuals attempt to make a profit in the free market. The aspects of private ownership of businesses and working for profit are essential factors of capitalism as a theory and also as it is practiced.
Answer:
The profit margin controllable by the Central Valley segment manager is: $ 95,000.
Explanation:
Only items directly controllable by the Manager should be included in the divisional financial performance measure.
<u>Central Valley Division</u>
Revenues $ 405,000
Less Variable Costs :
Variable operating expenses ($ 230,000)
Controllable Contribution $ 175,000
Less Controllable fixed expenses ($80,000)
Controllable Profit $ 95,000
Answer:
The interest rate is "21.999%".
Explanation:
The given values are:
Amount lent,
= 10,000
Amount repaid,
= 27,027
Years (n),
= 5
As we know,
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
On subtracting "1" from both sides, we get
⇒ 
⇒ 
i.e.,
⇒ 
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
