Answer:
1] act as an intermediary between those who have surplus funds and those who have deficit funds.
Explanation:
Answer:
LLC Description C Corp. Description
(1) Pretax earnings $18,000 4%*$450,000 $18000 4%*$450,000
(2) Entity level tax 0 $2,700 15% × (1)
(3) After-tax entity earnings $18,000 (1) – (2) $15,300 (1) – (2)
(4) Owner tax $5,040 (3)*28% $2,295 (3)* 15%
(5) After-tax earnings $12,960 (3)- (4) $13,005 (3) – (4)
Answer:
$30,000
$20,000
$10,000
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Reserves = Deposits - outstanding loans
$100,000 - $70,000 = $30,000
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Required reserves = reserve requirement x deposits
0.2 x $100,000 = $20,000
Excess reserves is the difference between reserves and required reserves
$30,000 - $20,000 = $10,000
Answer:
False
Explanation:
Monopoly production will lead to a lower output at a higher price compared to the competitive production sice a smaller amount of service is produced and sold at a higher price. So it doesn't make sense to charge a monopoly price.
The correct answer is a yellow dashed line. I hope that this helps!!!
