Answer:
Bvlgari Hotel
Explanation:
Marriott international hotel brand has joined Bvlgari to launch a new luxury brand of hotels to provide the timeless glamour of its heritage in pristine locations while offering flawless luxury service. Marriot International, inc. is one of the largest hospitality companies in the world. They have announced a joint venture with Bvlgari hotel & resort. Bvlgari hotel & resort is famous for its unique Italian hotel design concept, it has a global footprint, its aims to convey the excitement about the Bvlgari brand and its heritage of magnificent Roman jeweller.
Answer: $2,400; $2,400
Explanation:
If a deposit of $6,000 is made, the reserve requirement is 20% so the bank will have to reserve this amount of:
= 6,000 * 20%
= $1,200
The bank will be left with:
= 6,000 - 1,200
= $4,800
The bank lends all of this out.
The public holds 50% of the currency so they will keep:
= 50% * 4,800
= $2,400
The rest - which is $2,400 - will be deposited as checkable deposits.
True.
I hope this helps! :)
