1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
3 years ago
14

What is the money multiplier when the reserve requirement is

Business
1 answer:
Katyanochek1 [597]3 years ago
3 0

Answer:

Money multiplier= 1 / reserve requirement

a. Reserve requirement = 0.09

Money multiplier = 1 / 0.09

Money multiplier = 11.11

b. Reserve requirement = 0.25

Money multiplier = 1 / 0.25

Money multiplier = 4

c. Reserve requirement = 0.12

Money multiplier = 1 / 0.12

Money multiplier = 8.33

d. Reserve requirement = 0.04

Money multiplier = 1 / 0.04

Money multiplier = 25

You might be interested in
Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest. Which one of the following statements is c
lyudmila [28]

Answer:

If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.

Explanation:

Giving the following information:

Jessica invested $2,000 today in an investment that pays 6.5 percent annual interest.

The correct answer is:

She could have the same future value and invest less than $2,000 initially if she could earn more than 6.5 percent interest.

If the interest rate is higher, to earn the same amount, she will need to invest a lesser amount of money.

4 0
3 years ago
Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,
Lisa [10]

Answer:

Increase on cost of goods sold by $215, decrease in merchandize by $215.

Explanation:

With regards to the above information, the cost of goods sold will increase by $215, while the merchandize value would also decrease by $215.

Here, the books will be even out so that it would show there was a shrinkage at year end and beyond that which was purchased to have taken place.

4 0
2 years ago
Which one of the following is not true concerning socializing in the workplace? <br> A. Socializing can keep you from reaching y
postnew [5]
The correct answer is D. Socializing can actually increase productivity. Although socializing outside of work can be productive for the work itself later on, socializing in the workplace can deter you from working and can ultimately be bad for the company. If you're always running around form office to office having fun and not working you're not doing your company a favor.
6 0
3 years ago
Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars
lilavasa [31]

Answer:

78%

Explanation:

Able has an awareness level of 78%.

Next year, it will lose a third of its awareness level.

78% * 1/3 = 26%

78% - 26% = 52%

So the base awareness level of able for next year will be 52%, however, even if the company reduced the promotion budget, it still has 1 million dollars to invest, and the question is telling us that 1 million in promotion investment results in a 26% increase in awareness, therefore

52% + 26% = 78%

Thus, after investing the 1 million dollars, Able's awareness level next year will be the same as the current year: 78%

4 0
3 years ago
A market economy is regulated between two things?
sleet_krkn [62]
Producers and Consumers
4 0
3 years ago
Other questions:
  • On March 31, 2015, Cars, Inc. owes Preston Devices, one of its suppliers, $25,000 for previous purchases. During April 2015, Pre
    5·1 answer
  • What's the difference between a debit card and a cash card
    8·2 answers
  • (a) On March 2, Shamrock Company sold $897,900 of merchandise to Pharoah Company on account, terms 2/10, n/30. The cost of the m
    7·1 answer
  • During February 2018 its first month of operations, the stockholders of Bonita Enterprises invested cash of $49500. Bonita had c
    15·1 answer
  • Trendsetters has a cost of equity of 14.6 percent. The market risk premium is 8.4 percent and the risk-free rate is 3.9 percent.
    12·1 answer
  • You are marketing manager for a company that packages and markets vacations to exotic locations. You use a variety of media to p
    6·1 answer
  • Consider the following information about a simple country that produces two different goods: Year PriceMilk QuantityMilk Price C
    11·1 answer
  • Jonathan is applying for a new credit card. His credit rating is average. Which APR should he expect after the introductory peri
    10·1 answer
  • Norton loans a customer $500 on January 1. On July 1 of the same year, the customer must repay Norton $525. The amount of intere
    7·1 answer
  • Suppose labor's share of output is 60% and capital's share of output is 40%. If labor grows at a rate of 5%, then this will caus
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!