Answer:
the money multiplier = 1/ reserve ratio in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5 %
What is the immediate impact of this transaction on the money supply? None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes. The maximum amount by which this bank will increase its loans from the transaction in part (a) • the bank will be able to loan = total deposit x (1 - reserve ratio) = $9,000
x (1 - 20%) = $7,200
The maximum increase in the money supply that will be generated from the transaction in part
• since the banks started to "create" money by lending the money, the money supply will increase by total deposit x ( money multiplier - 1) = $9,000 x 4 = $36,000 Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.
• The money supply will increase.
Explain what will happen to the money demand. • The money demand will also increase because aggregate demand and income will increase. Aggregate demand will increase by $9,000 x government multiplier. The government multiplier = 1/ MPS.
Answer:
It clarified Christian teachings.
Explanation:
The Council of Nicaea help to spread Christianity by clarifying some Christian teachings in the Bible. They helped clarify the aspect of the teaching of God being a trinity which comprises of the Father, the Son and the Holy Spirit. These three components are what makes up God the Almighty.
They also helped to purge out denominations with false doctrines to prevent negative influence and corruption.
C) The Responsibility To Protect
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The battle began badly for the Americans when Lee botched an attack on the British rearguard at Monmouth Court House. A counter-attack by the main British column forced Lee to retreat until Washington arrived with the main body.
