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
Andreas93 [3]
2 years ago
5

Suppose that the public holds 50% of the money supply in currency and the reserve requirement is 20%. Banks hold no excess reser

ves. A customer deposits $6,000 in her checkable deposit. Assume that after receiving the deposit, the bank lends out its excess reserves. When the loan is spent, _____ of the loan will be a checkable deposit and _____ will be held by the public as cash. $6,000; $0
Business
1 answer:
astra-53 [7]2 years ago
4 0

Answer: $2,400; $2,400

Explanation:

If a deposit of $6,000 is made, the reserve requirement is 20% so the bank will have to reserve this amount of:

= 6,000 * 20%

= $1,200

The bank will be left with:

= 6,000 - 1,200

= $4,800

The bank lends all of this out.

The public holds 50% of the currency so they will keep:

= 50% * 4,800

= $2,400

The rest - which is $2,400 - will be deposited as checkable deposits.

You might be interested in
Bubba is a shrimp farmer. In an ironic​ twist, Bubba is allergic to​ shellfish, so he cannot eat shrimp. Each day he has a​ one-
attashe74 [19]

Answer and Explanation:

In the absence of sufficient information about the expenses and other factors, which related to money, we have to consider market price as the value of shrimp.

The value of Shrimp is $10,700 per ton because, In this scenario, we have only market rate to consider the value of shrimp.

Therefore $10,700 is the price of 1-ton shrimp.

6 0
3 years ago
In the context of contemporary approaches to management, the _____ theory was developed in the early 1950s by researchers from t
faltersainse [42]
In the context of contemporary approaches to management, the sociotechnical systems theory was developed in the early 1950s by researchers from the London-based Tavistock Institute of Human Relations. This sociotechnical theory states that <span>the design and performance of any organisational system can only be understood and improved if both ‘social’ and ‘technical’ aspects are brought together and are working together.</span>
8 0
3 years ago
Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome. What is the next step she should
Olenka [21]

Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

<h3>What is counterfactual thinking?</h3>

Counterfactual thinking is done when an individual needs alternative methods or way to do a thing that has been done.

The initial method may not be as productive as the individual expected.

This will make an individual think of all the factors that may have hindered the desired result.

Therefore, Indra is using counterfactual thinking to discover alternatives for a past unexpected outcome the next step for her is to identify other factors that may serve as hindrance and need to be overcome.

Learn more on Counterfactual thinking below

brainly.com/question/13844623

#SPJ1

7 0
1 year ago
As the CEO of a pharmaceutical company, Simone learned that the government was about to block the import of one of the company's
Galina-37 [17]

Answer:

She is guilty of Insider trading.

Explanation:

Insider trading is an illegal practice where a person indulges in trading activities for his own benefit with the help of confidential information.

In the above case, Simone took park in insiders trading because she had rights to some confidential information. She made use of that information towards her benefit and sold her shares before time.

I hope the answer was helpful.

3 0
3 years ago
Someone who diversifies investments is more likely to
AnnZ [28]

Answer:

offset their losses with gains.

Explanation:

8 0
2 years ago
Read 2 more answers
Other questions:
  • Answer the following questions about the (real) inflation tax, assuming that the price level starts at 100.
    14·1 answer
  • Clay Corporation manufactures two styles of lampslong dasha Bedford Lamp and a Lowell Lamp. The following per unit data are​ ava
    5·1 answer
  • Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $ 25,
    5·1 answer
  • Jane transferred a piece of real estate to her son Christopher 6 months ago. Jane purchased the real estate for $90,000 six year
    8·1 answer
  • A _____ orientation explicitly invokes the concept of value such as when a firm uses a no-haggle pricing structure to make the p
    10·1 answer
  • Lesley has a gift card worth $500 for a local entertainment store. movies cost $20 each and newly released video games cost $50
    11·2 answers
  • What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket cont
    14·1 answer
  • “Gambler fallacy” is the Believe that if people keep gambling they will eventually win big
    9·1 answer
  • Today, _______ recognize LLCs and provide both procedural (formation) and internal default rules (in the event the parties are u
    8·1 answer
  • The interest rate that should be used when evaluating a capital investment project is sometimes called the ______________. i. in
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!