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Nataly [62]
3 years ago
13

The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change

Business
1 answer:
Hatshy [7]3 years ago
7 0

Answer:

$510

Explanation:

Calculation for By how much do excess reserves change

Using this formula

Change in excess reserve= Bank Deposits-(Reserve requirement*Deposit)

Let plug in the formula

Change in excess reserve=$600-($600*15%)

Change in excess reserve=$600-$90

Change in excess reserve=$510

Therefore By how much do excess reserves change is $510

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Answer:

b. Force majeure

Explanation:

Force majeure simply refers to unavoidable accident, unexpected incidents, or chance occurrence that impede the fulfillment of a contract by a party it.

Force majeure is a common clause that is usually included in contracts in order to free both parties to the contract from liability or obligation that may occur due the occurrence of unforeseen circumstance beyond their control.

Examples of these unforeseen incidents include a new government regulation or law, riot, war, or an act of God like earthquake, flood, hurricane, and among others.

From the question, Anker is relying on force majeure because it had sent a letter to Allegheny in 2006 claiming physical difficulties at the mine and a change in the enforcement of regulations relating to coal mining near gas wells hampered their ability to extract coal from the mine.

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3 years ago
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777dan777 [17]

Answer:

Results are below.

Explanation:

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2 years ago
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Paraphin [41]

A U.S. government agency that works to assist small businesses is called the Small Business Administration(SBA).

<h3>What does the Small Business Administration do?</h3>

The Small Business Administration was established under the Eisenhower tenure in order to boost the nation's economy.

They work to help small businesses by offering them several types of support such as management training and loans.

Find out more on the Small Business Administration at brainly.com/question/13424073.

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Write adiary of a shopping day write down adetailed reflecion of that using guidline of reflective writing
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Answer:

b Write adiary of a shopping day write down adetailed reflecion of that using guidline of reflective writing

Explanation:

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2 years ago
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NikAS [45]

Answer:

the interest rate is missing, so I looked for similar questions and found that the semiannual interest rate is 3%.

first of all, we must determine the amount of money that we need to have in our account in order to be able to withdraw $25,000 in 10 years.

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