Answer: So sorry come back later
Step-by-step explanation:
My adress is 1402 92nd Street, NYC
Answer:
2/3
Or two thirds
Explanation:
1-1/3 is 2/3
Please mark brainliest.
Answer:
See below
Step-by-step explanation:
The phrase itself is a famous few lines extracted from "The Road Not Taken" by poet Robert Frost. The statement "taking the road less traveled" means that someone is acting independently, freeing themselves from the conformity of others (who choose to take 'the road more often traveled.'), generally making their own choices, and perhaps leaving a new trail that will become the road more often traveled
Given:
Reserve requirement = 10%
Deposit = $5400
Find:
money the supply could expand = ?
Solution:
Money Supply =
Monetary Base × Money Multiplier
Before we determine the money supply, the money multiplier must
already be determined. Therefore:
$5400 (0.10) = $540
In this case, adding the two will give us the money supply
$5400 + $540 = $5940
Nevertheless, not all money is lent out or spent. Kept money
reduces the money supply.
The restrain to the growth of the money supply when deposits
expand are identified by 2 factors:
1.
The amount above (excess reserves) what they are
required to hold are being kept.
2.
Their income rises as the public has the
penchant to hold more cash as their income.