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xxTIMURxx [149]
3 years ago
6

Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00

0 property 200,000 the accompanying balance sheet is for the first federal bank. assume the required reserve ratio is 20 percent. the monetary multiplier is
Business
1 answer:
Free_Kalibri [48]3 years ago
5 0

the answer i got was 960000

Tell me if right

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Fill in the blanks
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GrogVix [38]
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i am in a business class about to go to college to major in business :)
3 0
3 years ago
Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case
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Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case, the $500 price acted as an anchor.

A cognitive bias known as the anchoring effect describes a common human tendency to excessively rely on the initial piece of information proposed when making a decision.

Anchoring occurs when people base subsequent judgments on an earlier piece of information during decision-making. Once an anchor is established, subsequent decisions are made by moving away from it, and there is a bias toward framing subsequent data in relation to the anchor.

To learn more about  anchor click here :

brainly.com/question/24182125

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1 year ago
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