It would attract settlers because Pennsylvania is near the Atlantic coast which has wat r. This provides a lot of transportation to distribute goods, so it is a good thing.
Hello! The answer to your question would be as followed:
Lawmakers <u><em>often compete to get</em></u> federal grants and contracts for their states.
The correct answer is - Wisconsin.
Unlike Oklahoma, and much more New Mexico and California who were heavily influenced by the Mexican culture, primarily because they were part of Mexico and had large Mexican populations, the state of Wisconsin was out of the zone of influence of Mexico so it did not had cultural traits from it, nor had Mexican population back them to begin with.
Answer:
the money multiplier = 1/ reserve ratio in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5 %
What is the immediate impact of this transaction on the money supply? None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes. The maximum amount by which this bank will increase its loans from the transaction in part (a) • the bank will be able to loan = total deposit x (1 - reserve ratio) = $9,000
x (1 - 20%) = $7,200
The maximum increase in the money supply that will be generated from the transaction in part
• since the banks started to "create" money by lending the money, the money supply will increase by total deposit x ( money multiplier - 1) = $9,000 x 4 = $36,000 Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.
• The money supply will increase.
Explain what will happen to the money demand. • The money demand will also increase because aggregate demand and income will increase. Aggregate demand will increase by $9,000 x government multiplier. The government multiplier = 1/ MPS.