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andrew-mc [135]
3 years ago
8

The following table shows a simplified consolidated balance sheet for the entire

Business
1 answer:
denis-greek [22]3 years ago
3 0

Answer:

Kindly check explanation

Explanation:

Excess reserve = (Actual reserve - required reserve)

Required reserve = reserve ratio × Checkable deposit

Required reserve = 0.25 × $400 billion

Required reserve = $100 billion

Excess reserve = $96 - $100 = - $4billion

B) money multiplier = 1/ required reserve ratio

1/0.25 = 4

Maxumum amount that can be Lent = 4 × 4 = $16 million

If reserve ratio = 15%

Required reserve = 0.15 × $400 billion = $60 billion

Excess reserve = $96 - $60 = $36 billion

Monetary multiplier = 1/ 0.15 = 6.667

Maximum amount of loan = 6.667 × 36 = $240 billion

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Answer:

An advertising agency

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3 years ago
I have been struggling with quizzes
Rudiy27

Answer:

same here

Explanation:

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4 years ago
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A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:
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A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

  • <u>Cartel</u>

According to the given question, we are asked to show the term which can be best used to <em>describe </em>a group of sellers who make an agreement to <em>reduce their collective output</em> so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

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3 years ago
Sharon is purchasing a food processor and has done extensive research on all the models available in the market. she is convince
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In tax year 2020, a married taxpayer with AGI of $300,000 had gross investment income of $6,150 (which included a long-term capi
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The amount of net investment income tax that the taxpayer is required to pay is $231.

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<h3>What is net investment income tax?</h3>

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