Answer:
C. decreased by $40 billion
Explanation:
For computing the lending ability, first we have to determine the money multiplier which is shown below:
We know that
Money multiplier = 1 ÷ reserve ratio
= 1 ÷ 20%
= 5
So, the total cash would be
= $10 billion × $5
= $50 million
Now the lending ability would be
=$50 billion × (1 - 20%)
= $50 billion × 0.80
= $40 billion
Answer:
B
Explanation:
Elasticity of demand is the degree of responsiveness of the quantity demanded of a commodity to change in the price of the commodity.
It is of 3 types
1. Price elasticity of demand
2. Income elasticity of demand
3. Cross elasticity of demand
Answer:
D1 = 2.39
Explanation:
Expected Dividend can be found out by solving the following equation attached in the image.
In the formula D1 = expected dividend, Gs = 26%, Gm = 16%, gL = 7%, r =12%
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.
The problem is
missing some parts but nevertheless here is the solution:
Given:
Mean is 28
Standard deviation is 5
So we denote the problem as x <= 2
For X ~ N (28, 5^2)
we are looking for the percentage:
P{X>24} = P {Z>z}
Where z = (24-28)/5 =
4/5 = - 0.80.
P {Z> -0.80} = 1 - P{Z< -0.80} = 1 - 0.2119.
Or in percentage, it is replaced as P{Z< -0.80} = 0.2119,
21.19%.
Answer:
An example of when I imposed my own views and feelings about life based of the experience of others is when a friend from mexico told me there experience migrating to the US. What they experience and the struggles they faced made me feel more appreciative of things.
Explanation:
