Answer:
The answer is $1,875
Explanation:
Money multplier effect = 1 / required reserve ratio .
And the required reserve ratio is 8 percent
Deposit into the checking account is $150.
Money multplier effect = 1 / 0.08
12.5
Therefore, the largest amount (in dollars) by which the money supply can increase as a result of the deposit of $150 is:
12.5 x $150
=$1,875
Answer:
a. total money ; quantity of money
Explanation:
Money multiplier
Under the fractional - reserve banking system , the closely related ratios of the commercial bank money to the central bank money or the monetary base , is called the money multiplier .
It measures the maximum amount of money , that a commercial bank can make , on ignoring leakage in the currency by the non - bank public .
The value of money multiplier can be calculated as the total money in present in the economy , divided by the original quantity of money .
Answer:
I think your talking about Brainly Plus, so here's the instructions:
1. Visit your account settings.
2. Click “Cancel Subscription.”
3. You can continue to use subscription benefits until the end of your billing period.
4. After your renewal date has passed, you’ll still have access to your content.
If your talking about deleting your account in general, here's the instructions as well:
1. Visit your account profile settings.
2. In the Privacy section, click the “Delete Account” button.
Answer:
A finance reporting accountant prepares periodic financial statements required for external reporting. They collect and analyze financial data, ensuring that all reporting complies with SEC and GAAP reporting regulations and guidelines. They also prepare internal reports as required.
Explanation:
Please mark Brainliest!
What would be different is The money she has
