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svet-max [94.6K]
3 years ago
7

If the reserve requirement is 20% and commercial bankers decide to hold additional excess reserves equal to 5% of any newly acqu

ired checkable deposits, then the effective monetary multiplier for the banking system will be
Business
1 answer:
Romashka [77]3 years ago
8 0

Answer: 4

Explanation:

Based on the information provided in the question, the effective monetary multiplier for the banking system will be calculated as:

= 1/Reserve ratio

= 1 / (20 + 5%)

=1/(0.20+0.05)

= 1/0.25

= 4

Therefore, the effective monetary multiplier for the banking system is 4.

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Answer: $80

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Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:

= Fixed cost + Variable cost

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3 years ago
Once a civilization had a surplus of food, it could support which of the following?
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Jim Smith is a salesman who receives a $1,100 draw per week against his commission. He receives a 12% commission as an incentive
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$29,000

Explanation:

Given that:

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  • Commission rate: 12%
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3 0
3 years ago
The management team at Yum BBQ Brands has decided not to license its product because of concerns that this will create opportuni
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The choice represent internalization theory.

<h3><u>Explanation:</u></h3>

The outward movement of the operations of any firm can be defined as an internalization. Internalization is mainly carried out for the purpose of achieving advantages when a firm is located at foreign nations. This may be because there exists a larger market for a particular product in foreign nations.

Making investments at foreign regions also refers to internalization. The internalization theory of the firms that are multi nationally located has investments in intangible assets that has a public good properties. In the given example represents the internalization theory choice of economic theory.

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Which statement best describes a characteristic of a relational database?
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What is a relational database?

A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.

What are queries?

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