Answer: $500 million
Explanation:
The required reserve ratio is the fraction of the total deposit that a bank recieves which is mandated by the central bank to be kept and should not be given out.
If the entire banking system has $50 million in excess reserves and a required reserve ratio of 10 percent. The deposit-creation potential of the banking system will be:
= $50million/10%
= $50million/0.1
= $500 million
Answer:
C. Ethnocentrism
Explanation:
Ethnocentrism is defined as the evaluation of other cultures according to preconceived ideas that originate in the standards and customs of one's own culture.
In this case Sridhar is sensitive to the idea that his classmates will evaluate what he says because of the preconceptions they have.
Answer:
press relations
Explanation:
According to my research on public relations functions, I can say that based on the information provided within the question this is an example of the press relations function. This function refers to forming and maintaining a good relationship between a business/company/organization and the press/media by communicating regularly and providing information, help and access where needed, such community events and fundraisers.
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The answer to this question is Price
The amount of price of a certain products usually indicates the amount of expense the consumers are willing to pay considering the value that the product will give to them.
This will really vary depending on the rarirty of the products and the purchasing power in the market.
