1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Papessa [141]
3 years ago
14

Suppose Ginger deposits $12,000 in cash into her checking account at the Bank of Skidoo. The Bank of Skidoo has no excess reserv

es and is subject to a 4 percent required reserve ratio.
Business
1 answer:
Alborosie3 years ago
5 0

Answer:

The question is incomplete since the requirements are missing, but I guess that it deals with the bank's ability to create money.

When you deposit money into a bank account, the bank will then lend most of that money to other clients. This is possible due to the money multiplier = 1 / required reserve rate = 1 / 4% = 25

the total increase in money supply = $12,000 x 25 = $300,000

You might be interested in
The growth of the drug industry in canada represents which shift in organized crime? why is this important
Harrizon [31]
As the drug industry in Canada grow, Drugs that usually could be obtained only through criminal organization now can be easily obtained over the counter (as long as the requirements are met)
This make many major criminal organizations to lose their power and profits from their operation in Canada
8 0
3 years ago
The advantages of litigation are that it is private, quicker and less costly than alternative dispute resolution. True False
Aneli [31]

False

Explanation:

  • With litigation issues they don't get private, because every one can go to the court and will have knowledge of the dispute resolution process.

  • It is not always quicker also, it sometimes could take even more than a year before there will be a ruling over the dispute by the court. Mostly appealing to the court by both parties makes the resolution longer.

  • It is costly also, in terms of both time and money, a lawyer will have to be hired if the firm or individual doesn't have one and up and down transportation to and fro the court is all costly.

#learnwithbrainly

8 0
3 years ago
Âa black box does not want or need outside interference. true or false
ale4655 [162]
True maybe hope this helps
have a nice day

5 0
3 years ago
Blaser Corporation had $1,075,000 in invested assets, sales of $1,243,000, income from operations amounting to $216,000 and a de
lawyer [7]

Answer:

Rate of return is 20%

Explanation:

Rate of return is the actual return received on a investment. In this question Blaser Corporation invested $1,075,000 in asset and earned a income of $216,000. So the rate of return is as follow

Rate of return = Income received / Investment in Assets = $216,000 / $1,075,000 = 0.200 = 20%

6 0
3 years ago
Read 2 more answers
Which one of the following statements is TRUE? a. Company sponsorship of a local charity is an example of a nonpecuniary benefit
mojhsa [17]

Answer: c. An inside director is a board member who also holds a managerial position in the company

Explanation:

Inside Directors are indeed Board members who are employees/ hold managerial positions in the company.

They are in a unique position to help the board in Corporate Governance because as they are on the ground, they have specialized knowledge of the company and as such can provide complete information to the Board.

They typically include a Company's top executives such as the CEO, CFO and the COO.

5 0
3 years ago
Other questions:
  • Whatever the quality improvement approach, what key concept(s) is/are common between each approach?
    11·1 answer
  • The belief that culture is held together by a series of important elements such as economy, education, religion, kinship, and po
    10·1 answer
  • Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
    9·1 answer
  • The fact that mothers in Japan feed their babies freeze-dried sardines and rice and most mothers in the United States would not
    9·1 answer
  • The tragedy of the commons results when​ ___________. A. too many public goods are provided.B. common pool resources are overuse
    5·1 answer
  • President Bigego is running for re-election against Senator Pander. Bigego proclaims that more people are working now than when
    13·1 answer
  • Lisa sells business property with an adjusted basis of $130,000 to her son, Alfred, for the fair market value of $100,000.
    13·1 answer
  • For each of the three independent situations below determine the amount of the annual lease payments. Each describes a finance l
    11·1 answer
  • Kelly is a self employed tax attorney whose practice primarily involves tax planning. During the year she attended a 3-day semin
    12·1 answer
  • Global Stores is downsizing and must let some employees go. Employees volunteering to leave are being offered a severance packag
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!