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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

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Research could be on things like medical studies, semester tests, policial topics for news articles, or making a diagram or chart because you have use only key information.

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3 years ago
The administrator may, by order, cancel the registration of a broker-dealer, agent, investment adviser:____.
frosja888 [35]

The answer is the registrant or applicant no longer exists, has ceased doing business, or cannot be located.

If a broker dealer, investment adviser, or agent no longer exists, has ceased conducting business, or cannot be traced, the administrator may cancel their registration. If a person is declared incompetent, their registration may be revoked.

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4 0
1 year ago
Which of the following is false? a. ​ In the long run, demand curves become more elastic b. ​ Products with many complements hav
matrenka [14]

Answer:

d. ​ The demand for any individual brand is less elastic than industry aggregate demand

Explanation:

A consumer will change brand before leaving the market

as considering the consumer wants to maximize their utility it will always consume for that goal as the bran is a premium which provides utility as the price of that particular brand cuts form their competitors it will make the demad more elastic as i is cheaper to move toother suppliers

7 0
3 years ago
the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle​
alexandr1967 [171]

Given:

Area of a rectangle is 600 \text{cm}^2.

Breadth is two-third of its length.

To find:

The length and breadth of the rectangle​ .

Solution:

Let x cm be the length of the rectangle.

Then, Breadth or width of the rectangle = \dfrac{2}{3}x cm

Area of a rectangle is

Area=Length \times Breadth

600=x \times \dfrac{2}{3}x

600=\dfrac{2}{3}x^2

Multiply both sides by 3.

1800=2x^2

Divide both sides by 2.

900=x^2

Taking square root on both sides.

\pm \sqrt{900}=x

\pm 30=x

Length cannot be negative. So, x=30.

Now,

Length = 30\text{ cm}

Breadth = \dfrac{2}{3}\times 30\text{ cm}

             = 2\times 10\text{ cm}

             = 20\text{ cm}

Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.

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3 years ago
16. Demographics are
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Answer:

statistical data relating to the population and particular groups within it.

Explanation:

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