Answer:
B. False
Explanation:
The banking system can expand the supply of money by a maximum of $1,000,000 ($200,000/0.2).
The maximum currency creation by the banking system is a function of the checkable deposits and the reserve ratio. The formula for this is called the money multiplier, and is given as the checkable deposits divided by the reserve ratio. With this multiplier factor, banks can increase the currency in circulation. This is why central banks use the reserve ratio to monitor the supply of money in their economies.
Answer:
The Dependent or the Beneficiary collect $1000 every month pay income tax
Explanation:
Bonita is the policyholder that pay premium .
The mother is the dependent and the beneficiary ,who takes the trust monthly
The bank is the trustee that disburse the trust fund to the beneficiary month .
Answer:
correct option is b.0.50
Explanation:
given data
computer shop = 100 customers
purchased computer = 25
solution
we know that past data does not affect the probability of next outcome
so when they buying computer or net
so here
probability of customer buy computer is =
= 0.5
and
probability of customer not buy computer is =
= 0.5
so here chance of buying as they buying or not buying is 50 %
so correct option is b.0.50