1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yanka [14]
3 years ago
14

Suppose a banking system receives a new deposit of $1,000. If the reserve requirement is 20%, by how much can the total volume o

f deposits in that banking system ultimately rise as a result, assuming all excess reserves are loaned out and all loan proceeds are re-deposited?
Business
1 answer:
AnnZ [28]3 years ago
7 0

Answer:

Increase in initial deposit will be $4000

Explanation:

We have given initial deposit = $1000

Required reserve ratio = 20 % = 0.2

We have to find the total increase in deposit

We know that total increase in deposit = \frac{intial\ deposit}{required\ reserve\ ratio}-initial\ deposit

So We know that total increase in deposit = \frac{1000}{0.2}-1000=$4000

So increase in initial deposit will be $4000

You might be interested in
Suppose that a local supermarket sells apples and oranges for 50 cents apiece, and at these prices is able to sell 100 apples an
dezoksy [38]

Answer:

e. price elasticities of demand for apples and oranges are the same over these price ranges

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Price elasticity = percentage change in quantity demanded / percentage change in price

Percentage change in price = (50-40) / 50 = 0.2 × 100 = 20%

Percentage change in quantity demanded of Apples = (120 - 100) / 100 = 0.2 × 100 =

20%

Percentage change in quantity demanded of oranges = (240 - 200) / 200 = 0.2 × 100 = 20%

Price elasticity of demand for oranges = 20% / 20% = 1

Price elasticity of demand for Apples = 20% / 20% = 1

When coefficient of elasticity is equal than one, elasticity of demand is unit elastic.

This implies that the elasticity of demand for Apples and oranges are the same. A change in the price of oranges and apples would lead to the same proportional change for each of the demand for Apples and oranges.

I hope my answer helps you

7 0
3 years ago
A registered representative wishes to give a speech to a group of 35 potential retail clients at a restaurant. The speech is scr
maksim [4K]

Answer:

Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction

Explanation:

Because the speech is to be givento 35 attendees, it is under the Retail Communication. Every speech should be honest and of good taste; and the speech must be informational, but far from promotional.

It is not required that the speech content has to be pre-filed with the SEC. A copy must be kept a period of f 3 years for inspection by FINRA examiners. The speech script would be kept on file in the firm's supervisory compliance office that is the Office of Supervisory Jurisdiction.

3 0
3 years ago
Worldwide Minerals Inc. wants to expand into the international market. It does not want to spend a very large amount of money fo
slavikrds [6]

Answer: Option A

                       

Explanation: In simple words, joint ventures refers to the business arrangement under which two or more independent parties join their operation for the purpose of doing business more effectively.

Worldwide can go for joint venture as it would be less costly then mergers and acquisitions since they have to buy a part of the entity also they can control the entity as per their share in it.

8 0
3 years ago
What are examples of explicit cost?A. the amount of money the owner could have made by investing in an alternative activity B. t
STatiana [176]

Answer:

B. the cost of the business owner’s time and labor paying for gas for a company vehicle

Explanation:

Explicit cost are known as actual costs. They are costs incurred in the running of a business or in the production process . They are usually reported in the financial statements.

Implicit costs are opportunity costs.

4 0
3 years ago
Name any five diversity issues that affect the fashion industry​
Natasha_Volkova [10]

Answer:

People of color, size, height. Even gender, I feel fashion is thrown more towards women than men, sexuality/trans and sexism.

Explanation:

People of color- The fashion industry over the year has become way more diverse in the subject of race, they have invited more models over the years with diffrent races and have made culture including clothes. I still feel it is not 100% perfect with eqaulity in the modeling industery but in the eyes of fashion, I think it's getting to a great point.

Size- Size is a big one why is a model always skinny, why is a must for the clothes. Why can't it be way more diverse from size 0 to size 30, it's about how you wear the clothes that matters, not the weight of the model. it would  be a huge boost in confidence to bigger people and show great diversity in the world of fashion. .

Height- This is the same thing as size, models who wear the clothes are always tall make clothes for short people. Be more diverse, serisoly make clothes for men/women/short/tall/size0/size30.

Gender- The fashion industy has always always gone more towards women. I mean, dresses, shoes, hats, gloves, skirts, shirts, thats a lot of money to bank on. I mean, I totally get why the fashoin industy would go towards women we are taught the fashion is only for women but it's 100% not just for women. which leads into my fith point-

Sexism- Why don't men wear dresses and women wear suits. i'm sorry but it is 2021 who the f cares what you are wearing as long as you look great. I can't even begin to tell you my exciment that Gucci designed a dress for Harry Styles. He looked amazing and it was a beautiful diverse way to show that men can wear dresses too. Fashion is an art that should be outside of the box and diverse, but we keep puting it into a tiny box with the same stuff.

Please don't take my grammer seriously or my spelling. Thank you!

7 0
3 years ago
Other questions:
  • An accountant increases the price he charges for his services by 14 percent. In​ response, the demand for his services decreases
    14·1 answer
  • Workers are constantly adjusting to changes in technology and society that affect work. In order to keep up with all of these ch
    14·2 answers
  • Which of the following is not a reason that the subject line should never be left blank
    14·2 answers
  • Bill wants to buy a bond whose face value is substantially higher than its market price. What kind of bond should he buy
    12·1 answer
  • A fixed asset with a cost of $41,000 and accumulated depreciation of $36,500 is traded for a similar asset priced at $60,000. As
    6·1 answer
  • Meeting conference everyone meet.
    6·2 answers
  • All of the following statements about flexible spending accounts (FSAs) are TRUE, EXCEPT:
    9·1 answer
  • You are valuing an investment that will pay you $28,000 per year for the first 4 years, $43,000 per year for the next 12 years,
    10·1 answer
  • From the video "the best stats you've ever seen "
    9·1 answer
  • When consumers are evaluating alternatives, they will clarify the information they have gathered in what three ways?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!