It controls the money supply
The value of a bank's assets is than its liabilities, the bank is said to be <u>solvent</u>
<h3>What is assets?</h3>
Any resource that a company, an organization, or an economic body owns or controls is considered an asset. It encompasses everything that has the potential to generate gains in the economy. When turned into money, assets indicate the worth of ownership.
<h3>What do you mean by solvent in accounting?</h3>
A company's capacity to fulfill its short-term and long-term financial commitments is known as its solvency. One indicator of a company's financial health is its level of solvency, which reveals whether it will be able to continue running its business into the near future. Ratio analysis is a tool investors can use to assess a company's solvency.
To know more about solvent in accounting visit:
brainly.com/question/17373453
#SPJ4
Answer:
Self reference criterion ( C )
Explanation:
The cultural differences seem strange to Jackie because she is relying on her self reference criterion
self reference criterion is the influence one's culture will have on the person when the person is exposed to a situation that is suppose to portray the culture the person is used to, but the situation portrays a different culture, hence based on her cultural values and experience she believes that small talks makes the meeting unnecessarily long
Answer: Approximately 2.37
Elastic over this range
Explanation: As we know that, as per the midpoint method elasticity of supply is calculated as :-
where,
Q2 = 19
Q1 = 10
P2 = 65
P1 = 50
now, putting the values into equation we get :-
= 2.37
So, we can say that over this range Ginny's supply is elastic .
