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
dedylja [7]
3 years ago
9

In a fractional reserve banking system: Group of answer choices banks create money by printing it. banks create money by making

loans. the size of M1 can only be a fraction of checkable deposits. banks are required to hold 100% of deposits as reserves.
Business
1 answer:
r-ruslan [8.4K]3 years ago
3 0

Answer:

the size of M1 can only be a fraction of checkable deposits.

Explanation:

fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.

M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.

You might be interested in
What is the difference between a checking account debit card and a gift card?
vekshin1
A gift card is something that anyone, of any age, can buy. This card works only at the certain business it is for. Such as a Burger King gift card, you can only use that card at Burger King. A checking account debit card is a card you can use in any situation, as long as they have the proper equipment. This card extracts money from your banking account, whereas the gift card has a set amount of money on it. Also, a checking account debit card is only given to people 18 and over, since signing a check is technically signing a contract, and using a debit card goes along the same lines as signing a check. 
6 0
3 years ago
In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc
dlinn [17]
A. the revenue cycle

5 0
3 years ago
The famous designer, Isaac Mizrahi, made a scheduled appearance at Borders bookstore in Mall of America to sign copies of his bo
Anna007 [38]

Answer: A.  Special event

Explanation:

Special events are occasions where the customers and the company get to meet face to face and talk about products and services on offer. Special events are very ideal for product launches, or trade shows where the company aims to sell more of what it has.

Isaac Mizrahi most probably just launched the new book and so this special event is a way of marketing it to the public through face-to-face contact.

6 0
3 years ago
What is the maximum IRA contribution that Mr. Janson can make under each of the following assumptions? He is age 20 and single.
vladimir1956 [14]

Answer:

He is age 20 and single. His only income item is $12,100 interest from a trust fund. NO CONTRIBUTION SINCE HE HAS NO EARNED INCOME

He is age 40 and single. His only income item is a $34,900 share of ordinary income from a partnership. MAXIMUM CONTRIBUTION OF $6,000

He is age 60 and single. His only income item is $21,300 wages from his job. MAXIMUM CONTRIBUTION OF $7,000

He is age 46 and files a joint return with his wife. His sole proprietorship generates a $7,790 loss, and his wife’s salary is $46,700. MR. JANSON CANNOT CONTRIBUTE ANY MONEY TO THE IRA ACCOUNT, BUT HIS WIFE CAN CONTRIBUTE $6,000 ON HER ACCOUNT AND $6,000 ON MR. JANSON'S ACCOUNT.

Explanation:

In 2019, the limit for RA contributions increased by $500 to:

  • under age 50 ⇒ $6,000 per year
  • over age 50 ⇒ $7,000 per year

only earned income can be contributed

you cannot contribute more than what you earn

8 0
3 years ago
Read 2 more answers
Milton friedman argued that consumers are more likely to alter their behavior based on.
Bess [88]

The Right Response is Option C which is Long Term Changes in the Economy.

<h3><u>Why Did Friedman Argued So?</u></h3>
  • The concept of monetarism, which refers to the management of money in the economy, was developed by Milton Friedman. According to Friedman, changes in the money supply can have both long- and short-term consequences.

Friedman suggested that long-term changes in the economy had an impact on consumer behavior. Long-term economic developments have an impact on how consumers behave while making purchases. For instance, if long-term economic trends are favorable, consumer spending will rise; otherwise, it would fall.

Therefore, "long-term changes in the economy" is the right response.

To learn more about Long Term Changes in the Economy. Click the links.

brainly.com/question/20822981

#SPJ4

Correct Question - Milton Friedman argued that consumers are more likely to alter their behavior based on

a) changes in the unemployment rate.

b) short-term changes in the economy.

c) long-term changes in the economy.

d) changes in the inflation rate.

4 0
1 year ago
Other questions:
  • Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay i
    10·1 answer
  • In its income statement for the year ended December 31, 2022, Pina Colada Corp. reported the following condensed data. Operating
    6·1 answer
  • The work process involved in providing the service involves the physical presence of the customer in the system. Group of answer
    5·1 answer
  • A company buys ten shares of securities at $1,000 each on January 15, year 1. The securities are classified as available-for-sal
    10·1 answer
  • When it comes to negative public relations, it’s pretty tough to top the sight of a United Airlines passenger being dragged, blo
    6·2 answers
  • A candidate may apply to multiple jobs at the company Universal Containers by submtting a single application per job posting. On
    7·1 answer
  • Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of go
    6·1 answer
  • After the instructor has agreed to grant an Incomplete Grade, the student will have the whole academic year to complete the miss
    14·1 answer
  • A 2-year Treasury security currently earns 1.94 percent. Over the next two years, the real risk-free rate is expected to be 1.00
    12·1 answer
  • Cattell’s personality test identified ________ personality traits that were scored on a continuum from high to low.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!