The answer is B. The shape is staying the exact same, it’s just moving.
You have a 4/ 6 chance
then you have a 2/6 chance if the number is an odd number then reducing you would get
1. 2/3
2. 1/3
Let x be the unknown number.
<span>7x + 668 </span><<span> 2000</span> => 7x plus 668 is less than 2000
where:
7x => x represents the number of cans to be collected in 7 days
668 is the number of cans already collected.
2000 is the target number of cans.
7x + 668 < 2000
- 668 -668
7x < 1332
÷7 ÷7
x < 190.30
or
x < 190
To check:
7x + 668 < 2000
7(190) + 668 < 2000
1330 + 668 < 2000
1998 < 2000
Given:
Reserve requirement = 10%
Deposit = $5400
Find:
money the supply could expand = ?
Solution:
Money Supply =
Monetary Base × Money Multiplier
Before we determine the money supply, the money multiplier must
already be determined. Therefore:
$5400 (0.10) = $540
In this case, adding the two will give us the money supply
$5400 + $540 = $5940
Nevertheless, not all money is lent out or spent. Kept money
reduces the money supply.
The restrain to the growth of the money supply when deposits
expand are identified by 2 factors:
1.
The amount above (excess reserves) what they are
required to hold are being kept.
2.
Their income rises as the public has the
penchant to hold more cash as their income.
