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3 years ago

7

Country A has required reserve ratio of 20% and currency drainage of 15%. Calculate the money multiplier. If total deposit is $2

0
million, what will be the total money supply in the economy?

Select one:
a. $55 million
b. $45 million
c. None
d. $50 Million

= None

1 answer:

Klio2033 [76]3 years ago

4 0

Answer:

None

Explanation:

= U.S. exports increase, shifting U.S. aggregate demand to the right

= U.S. exports increase, shifting U.S. aggregate demand to the right

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Current ratio is a comparison of current assets to current liabilities, calculated by dividing your current assets by your current liabilities.

The quick ratio compares the total amount of cash + marketable securities + accounts receivable to the amount of current liabilities.

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D. Low current and quick ratios are actually signs of good management not poor management.

All of the above are correct EXCEPT answer D.

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4 years ago

Murljashka [212]

Answer:

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Explanation:

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3 years ago

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On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the

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Answer:

Explanation:

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Answer:

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