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Pavel [41]
3 years ago
11

A bank has $8,000 in deposits and $6,000 in loans. It has loaned out all it can given the reserve requirement. It follows that t

he reserve requirement is a. 2.5 percent. b. 33.3 percent. c. 25 percent. d. 75 percent.
Business
1 answer:
Wittaler [7]3 years ago
7 0

Answer:

c. 25 percent.

Explanation:

The computation of the reserve requirement percentage is shown below:

Given that

Deposits made = $8,000

Loans = $6,000

So the required reserve is

= deposits made - loans

= $8,000 - $6,000

= $2,000

Now the required reserve is

= $2,000 ÷ $8,000

= 25%

Hence, the correct option is c. 25 percent

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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The answer to this question would be:
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Owen is experiencing <u>proactive interference</u> while Pippa is experiencing <u>retroactive interference</u>.</span>  

<span>Proactive interference means that Owen has the tendency to be distracted or hindered of past learning. While retroactive interference means exactly the opposite thing, past learning is hindered of new learning.</span>

7 0
2 years ago
Income elasticity of demand is
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Answer: Option (a) is correct.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded with change in the income level of an individual.

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Income of an individual has a positive relationship with the demand for normal goods and has a negative relationship with the demand for inferior goods.

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3 years ago
Read 2 more answers
When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one
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<h3>What are consumer preferences?</h3>

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Hence, option A holds true regarding consumer preference.

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6 0
1 year ago
1. How do customers judge the quality of a supermarket? 2. Indicate how and why each of these factors is important to the succes
kirza4 [7]

Answer:

1. How do customers judge the quality of a supermarket?

They judge the quality of a supermarket depending on their values and most urgent needs.

Customers who value quality, and even luxury, will say that a good supermarket is one that offers high quality products.

Customers who value price, will prefer a low-cost supermarket.

2. Indicate how and why each of these factors is important to the successful operation of a supermarket:

a. Customer satisfaction - a very important factor because it determines how well the supermarket is serving its customers.

b. Forecasting - the supermarket needs to forecast all sorts of things, from, sales forecasts, to profit forescasts, to costs forecasts.

c. Capacity planning - the supermarket needs to know what it is actually able to do, and what projects it can embark on, for this, it needs to do a lot of capacity planning.

d. Location - Location is extremely important for a supermarket. It determines a large part of the customer demand because customers prefer supermarkets to be close to where they live.

e. Inventory management - Supermarkets need to manage inventories carefully, specially because a lot of the goods that a supermarket sells, are perishables.

f. Layout of the store - The Supermakert needs to be careful when determining the layout of the store. Customers want a layout that is easy to navigate, and where goods are placed according to a coherent classification.

g. Scheduling - The supermarket needs to establish a convenient schedule for its customer base.

What are some of the ways Wegmans uses technology to gain an edge over its competition?

Wegmans is characterized for its early adoption of ground-breaking technologies. For example, recently Wegmans developed a mobile application to assist blind shoppers.

6 0
2 years ago
All of the following are true regarding the guaranteed insurability rider except
docker41 [41]

Answer:

Option (C)

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7 0
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