Answer:
8%
Explanation:
<em>Following is the require reserve ratio:</em>
Required reserve ratio = Reserves/ Deposits
Required reserve ratio = $800/$10,000 * 100
Required reserve ratio = 0.08 * 100
Required reserve ratio = 8%
So, the required reserve ratio for YooHoo Bank’s is 8%.
Answer:
C. Ratification.
Explanation:
Ratification is the action of signing or giving formal consent to a treaty, contract, or agreement, making it officially valid.
Answer:
The capital gain is $3.30
Explanation:
Capital gain = Ending price - Initial price
Initial price = [$2.20(1 + .031)]/(.093 − .031) = $36.58
Ending price = [$2.20(1 + (.031*4))]/(.093 − .031) = $39.88
Capital gains = $39.88 − 36.58 = $3.30
Answer:
C
Explanation:
Yes if he is giving his opinions on Gensol just to increase the sales and he is not a medical doctor, and people will assume that he is, then he will enter in fraudulent activity. Obviously this is not a criminal offense but its not ethical.
Just to increase sales he must not introduce himself as doctor of anything, considering the fact that people will consider him medical doctor and rely on his opinion. Its purely unethical and immoral.
Marginal benefit <span>is the benefit received from consuming a good or service</span>. A persons maximum amount they are willing to pay for another unit of good or a service is set as the marginal benefit. The marginal benefit for each person varies because what each person is willing to pay for an additional unit is subject to their own.