1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
An example of an entrepreneur would be someone who opened up a gourmet popcorn store in the local mall.
Mumz [18]
This is True. 

Being an entrepreneur means starting a business venture by placing a new product on the market and then profiting from it.<span />
3 0
3 years ago
Read 2 more answers
1. What is the difference between fixed, variable, and periodic costs?
lisov135 [29]

Answer:

The difference is in how they response to the level of production of the firm.

Variable cost are directly associated with the production level, therefore changes with the number of units produced.

Fixed costs do not change with the level of production and remains fixed. Usually, fixed cost changes with the time.

Periodic Costs are the costs that cannot be capitalised and are incurred for a period of time. Such as administrative costs.

Explanation:

4 0
3 years ago
an effect of the sarbanes-oxley act of 2002 was to: multiple choice reduce the circumstances in which one may file securities wi
mixer [17]

An effect of the Sarbanes-Oxley Act of 2002 was to reduce the accounting profession’s level of self-regulation.

<h3>What did the Sarbanes-Oxley Act of 2002 do?</h3>

The Sarbanes-Oxley Act of 2002 was passed in the wake of the Enron and WorldCom financial sagas in order to reduce the incidence of companies misleading their stockholders.

The Sarbanes-Oxley Act of 2002 led to more regulation over the accounting profession and a reduction in their self-regulation because large accounting companies had been implicated in the saga.

Find out more on the Sarbanes-Oxley Act of 2002 at brainly.com/question/13398903

#SPJ1

4 0
1 year ago
Key inputs to the verification process include?
Citrus2011 [14]

The purpose of verification, as a normal motion, is to become aware of the faults/defects introduced at the time of any transformation of inputs into outputs.

Verification is a pleasant manage technique that determines if a machine meets its gadget-stage necessities. Inspection and demonstration is the principle testing technique used in Verification.

The Verification procedure offers the evidence that the gadget or machine detail plays its meant capabilities and meets all performance requirements listed inside the machine overall performance specification and functional and allotted baselines.

Learn more about verification method here:brainly.com/question/14513832

#SPJ4

5 0
2 years ago
Which of the following is not a measure of the reliability of the supply chain?
Pachacha [2.7K]

Answer:

Option B, Supply chain response time

Explanation:

The reliability of the supply chain represents the amount of good performance of the distribution chain. The highest priorities for supply chain practitioners are rising trust, decreased inventory and market readiness.

The overall response time for the supply chain is the capacity of the supply chain to react to market demand rapidly. When a market demand transition is observed, the supply chain has to stabilise.  

The response time of the supply chains is sometimes characterised by minimal changes in market demand.

Examples of operations in the supply chain involve processing, manufacturing, architecture, development, shipping and transportation.

6 0
3 years ago
Other questions:
  • In the 2000s, Venezuelan President Hugo Chàvez instituted economic policies that caused smuggling and hoarding of food. What did
    9·2 answers
  • Exercise 22-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The fol
    10·1 answer
  • Deep Mines has 43,800 shares of common stock outstanding with a beta of 1.54 and a market price of $51 a share. There are 10,000
    9·1 answer
  • What is the impact on the non-controlling interest of a subsidiary when there are downstream transfers of inventory between the
    15·1 answer
  • Joint costs of $ 11 comma 000 are incurred to process X and Y. Upon​ splitoff, $ 4 comma 500 and $ 5 comma 700 in costs are incu
    15·1 answer
  • Would a firm with low degree of operating leverage need to sell more units of products to reach break-even point or less? Why?
    5·1 answer
  • Brief Exercise 18-5 a1-a2 Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months. U
    8·1 answer
  • Read the attached file
    12·1 answer
  • Company Company A Company B Forecasted return 7% 11% Standard deviation of returns 8% 23% Beta 1 3 The market risk premium is 6%
    12·1 answer
  • Sudoku Company issues 26,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $235
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!