Need some help with the 5,6 and 7 please. Thank you for your time :)

When a bank keeps $12 from a $100 deposit as legal reserves, it is using

vitfil [10]

When a bank keeps $12 from a $100 deposit as legal reserves, it is using <span>a fractional reserve system. The correct option among all the options that are given in the question is option "b".

</span>The Fed has defined different categories of money, M1 and M2, according to the money's function. The correct option among all the options <span>that are given in the question is option "b".</span>

6 0

2 years ago

A marine biologist is planning to move from Sydney, Australia to San Francisco. She has $5,000 Australian dollars (AUD) to make

natita [175]

Answer:

Now, if takes 0.765 USD to be equal 1 AUD. when the dollar increases, it will take fewer dollars to equal 1 AUD. for instance, it takes 0.5 dollars per 1 AUD. The conversion will change to:5,000 AUD * (0.5 USD/AUD)

5,000 * 0.5

= $2,500

so, her AUD will be worth more now.

Explanation:

Solution

Given that:

Her present $5,000 AUD is worth $3,825 USD.

Then

5,000 AUD * (0.765 USD/AUD)

5,000 * 0.765

= $3,825

So,

If the USD dollar increases against the AUD, then, the ratio will reduce.

For example, it takes 0.765 USD to be equal 1 AUD. when the dollar increases, it will take fewer dollars to equal 1 AUD. for instance, it takes 0.5 dollars per 1 AUD. The conversion will change to:

5,000 AUD * (0.5 USD/AUD)

5,000 * 0.5

= $2,500

Therefore, her AUD will be worth more now.

6 0

3 years ago

IF YOU WANT TO BE A VET READ THIS!!!

damaskus [11]

Yes! I am in going into 10th grade and am so excited to do vet school! I take a vet class and a marine biology class every week! I already started looking into colleges like UCDavis and the university of Colorado! I have birds fish and dogs as well!

6 0

3 years ago

Demand for bikes has suddenly increased, and the

soldier1979 [14.2K]

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

<h3>What is meant by profit?</h3>

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

Learn more about the economic profit in the related link:

brainly.com/question/15699405

#SPJ1

5 0

1 year ago

If the price level doubled in a 23-year period, we can conclude that the average annual rate of inflation over that period was a

galina1969 [7]

The given statement " If the price level doubled in a 23-year period, we can conclude that the average annual rate of inflation over that period was about 3 percent " is TRUE

Explanation:

Though prices doubled during the 23 years, the average annual inflation rate during that time could be inferred by approximately 3 percent.

The average inflation rate in the USA has been 3% over the last 100 years. That said, in measuring shorter periods starting in the 1950s, the average rates are much higher.

Many financial experts working with pending pensioners emphasize the importance of contributing to pension scheming an average inflation rate. Since inflation will reduce the value of savings considerably, it is important to determine how and when this powerful economic phenomenon will affect the savings.

3 0

3 years ago