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Evgen [1.6K]
2 years ago
8

What is an example of a consumer good that you could also use as an industrial good to start a business?

Business
1 answer:
Karolina [17]2 years ago
6 0

Answer:

lets say the Sugar

Explanation:

Sugar is a consumable good as u can use to make tea, it also can be used in the production of many industrial goods eg beverage, brewery, etc

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If the banking system does NOT want to hold any excess reserves,  $250,000 will be <u>added </u>to the money supply.

<h3>What is an excess reserves?</h3>

Excess reserves is known to be the capital reserves that is said to be held by a bank or financial institution and it is one that is too much or is in excess of what is needed by regulators, creditors, or others.

Since there is  $25,000 worth of U.S. Treasury bills, one will multiply it times 10 = $250,000

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