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
Setler79 [48]
3 years ago
12

If the reserve ratio increased from 10 percent to 20 percent, the money multiplier would a. rise from 10 to 20. b. rise from 5 t

o 10. c. fall from 10 to 5. d. not change.
Business
1 answer:
MArishka [77]3 years ago
6 0

Answer:

c

Explanation:

Reserve ratio is the percentage of deposits that is required of commercial banks to keep as reserves. The lower the ratio, the higher the increase in money supply

Money multiplier = 1 / reserve requirement

Money multiplier  when reserve ratio is 10% = 1/10 = 0.1 = 10%

Money multiplier  when reserve ratio is 20% =1/20 = 0.05 = 5%

there is a decrease of money multiplier from 5% to 10% when reserve ratio is increased from 10 percent to 20 percent

You might be interested in
Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these de
Mashutka [201]

Explanation:

Note, for private spending, <em>consumption</em> refers to purchases usually made for present needs, while <em>investment</em> refers to purchases that may provide. For government spending, <em>consumption </em>refers to purchase made to care for the immediate welfare or needs of those governed without any monetary benefits, while <em>investment </em>purchases are done with the perceived future benefits in mind.

<u>Private Spending</u>

  • Laundromats buying washing machines =  Investment
  • People buying houses  = Investment
  • People buying newspapers  = Consumption
  • People buying food = Consumption

<u>Government Spending</u>

  • Payment for public safety employees = Investment
  • Building hospitals = Investment
  • Building roads = Investments
  • Buying military equipment = Investment
4 0
3 years ago
Calico Corporation produced 2 comma 500 units in Job 903. The following data is provided for Job 903 for the​ year: Direct mater
geniusboy [140]

Answer:

The total cost of Job​ 903 is $5,073.20

Explanation:

The computation of the total cost is shown below:

= Direct material used + Direct labor cost + overhead cost  (Predetermined manufacturing overhead rate per direct labor hour ×  Direct labor hours used in Job 903)

= $3,200 + $1,092 + ($18.60 × 42 labor hours)

= $3,200 + $1,092 + $781.20

= $5,073.20

7 0
3 years ago
Uma has been given the task of arranging for five-day conference
Dmitry_Shevchenko [17]

Answer:

I think option planning

5 0
2 years ago
The partnership contract for Hanes and Jones LLP provides that Hanes is to receive a bonus of 20% of net income (after the bonus
bogdanovich [222]

Answer:

pre-bonus income is $33600

Explanation:

given data

bonus = 20% of net income

income before the bonus = $57600

to find out

pre-bonus income

solution

we know pre income bonus is express as

pre-bonus income = bonous + share of income    ............1

so bonus = 20/120 × 57600 = $9600

and share of net income = 1/2 × ( 57600 - 9600)

share of net income = $24000

so from equation 1

pre-bonus income = bonous + share of income

pre-bonus income =9600+ 24000

pre-bonus income is $33600

3 0
3 years ago
Company is considering introducing a new compact disc player model at a price of $ 105 per unit. Santos ​'s controller has compi
FinnZ [79.3K]

Answer:

flkdsahogherojgklaexijgu

Explanation:

3 0
3 years ago
Other questions:
  • At the beginning of the month, Bobcat Boards and Skis received $800 in advance for future services to be performed. At the end o
    13·1 answer
  • What are examples of withdrawals from the circular flow of income? Check all that apply. A sharp increase in taxes affects many
    15·2 answers
  • Amesha will only purchase stock in corporations that practice and support social justice. which term refers to Amesha's type of
    11·1 answer
  • Paul is an analyst at an investment bank. He notices that many of the senior executives at his office go on European cruises, so
    7·1 answer
  • The CEO of your company asks you to hire her nephew, Dave, who has been struggling to find a job. This is _________ because Dave
    7·1 answer
  • Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?
    10·1 answer
  • When living off campus, one way to save money is to rent an apartment where:?
    5·1 answer
  • A company makes a credit sale of $750 on June 13, terms 2/10, n/30, on which it grants a return of $50 on June 16. What amount i
    11·1 answer
  • Full-service advertising agency refers to
    10·1 answer
  • The first mall in mumbai, india​ was successful. Builders proceeded to construct three more right away. However, they have more
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!