The quantity of excess reserves that the Bank of Cheerton now hold is $210
From the attached table, the amount generated on the reserve is $4,200
If the Fed's reserve requirement is 5 percent, then the quantity of excess reserves that the Bank hold is given as:
Quantity of excess reserves = 5% of $4,200
Quantity of excess reserves = 0.05 * 4200
Quantity of excess reserves = $210
Hence the quantity of excess reserves that the Bank of Cheerton now holds is $210.
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Answer:
The answers are a, and d
Step-by-step explanation:
5(10+6) = 50x+30 or 30+50x.
Answer:
x=(10-k)÷6
Step-by-step explanation:
6x=10-k
x=(10-k)÷6
Answer:
Option B
Step-by-step explanation:
The Europeans moved to American colonies in order to increase their wealth and broaden their influence over world affairs.
Answer: Add, subtract, multiply, divide
Step-by-step explanation:
Terms must be like terms in order to add or subtract. Terms do not have to be like if we are multiplying or dividing.
You cant add unlike terms when adding or subtracting, but you can use the exponent rules when multiply or dividing.
