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2 years ago

Suppose that banks decide to hold fewer excess reserves relative to deposits. Other things the same, this action will cause the

Business

1 answer:

marysya [2.9K]2 years ago

4 0

Answer:

c. money supply to rise. To reduce the impact of this the Fed could sell Treasury bonds.

Explanation:

Since in the question it is given that the bank has decided to hold fewer reserves that contain excess reserves as compared to deposits so for this they have to borrowed the amount or the saving amount should be invested

This results in declining in interest rate which causes the money supply risen also the demand and the investment for the nation has risen that develop the inflation but for declining the inflation the FED has to sell the bonds so that it comes at equilibrium point again

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Empirical evidence from 1960 to 2010 shows that convergence in economic growth is occurring in which of the following cases?

kaheart [24]

Answer:

Correct Answer:

c. Low-income developing countries are catching up to high-income industrial countries.

Explanation:

The evidence which shows that low income developing countries are catching up to high-income industrial countries could be found in the series of developmental strides made by some countries like Rwanda, Kenya, Tanzania, Indonesia, Vietnam etc over the years. <em>Most of their achievements is at par with most European countries in different sectors such as educational, and social sectors.</em>

7 0

2 years ago

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be $x$

No. of scheduled work hours $=$ $80$

So,

Total money earned for the month $=$ $80$ × $x$

$= 80x$

As we know,

Money left = Total money earned - expenses

$= 80x$ - $$600$ ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

$80x - 600 = 1500$

Now, solving for $x$

$80x - 600 = 1500$

$+600 = + 600$

_______________

$80x = 2100$

$x = 2100/80$

∵ $x = 26.25$

Thus, the required sales are $ $26.25$ per hour or ( $26.25$ × $80$ = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

4 0

2 years ago

Certain contracts, such as those involving the sale of personal property for $500 or more:_______.

djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0

2 years ago

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici

Inga [223]

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

3 0

2 years ago

Demand pull inflation can be started by A. an increase in the price of oil B. a decrease in the quantity of money. C. an increas

devlian [24]

Answer:

Option "C" is correct.

Explanation:

An increase in government expenditure causes more money inflow on demand over supply.

6 0

2 years ago