Answer:
0.10
Explanation:
The total deposits in last bank of commerce are $100,000
The total deposits set asides as reserves are $10,000
Therefore the required reserve ratio can be calculated as follows
= 10,000/100,000
= 0.10
Hence the required reserve ratio is 0.10
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Answer:
3.4%
Explanation:
According to the capital asset price model: Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
9.7 = 5.2 + 1.34(x - 5.2)
9.7 - 5.2 = 1.34(x - 5.2)
3.35 = x - 5.2
The real rate was 8.25%.
Real rate = 8.25%
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Please find below the answer
Statement showing Computations
Particulars
Fisher formula is (1 + nominal rate) = (1 + real rate) x (1 + inflation rate),
(1+.115) = (1 + realrate) *(1+.03)
(1.115) = (1 + realrate) *(1.03)
1.0825 = 1 + real rate
Real rate = 8.25%.
The nominal interest rate (or interest rate) is the rate of increase in money you pay lenders using borrowed money. Nominal interest rates are often used by banks to represent interest rates on various loans and investments. For example, if your loan has a nominal interest rate of 5%, you can expect to pay $50 in interest for every $1,000 you borrow. At the end of the year he will pay $1,050.
The real interest rate is the interest rate that takes inflation into account. This means it is adjusted for inflation and reflects the real interest rate of a bond or loan. Simply put, this rate reflects the rate of return after taking inflation into account.
Learn more about the inflation rate here: brainly.com/question/777738
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Answer:
Critique of advertising.
Explanation:
Advertising is a marketing strategy used by organizations or individuals to convince or persuade a consumer to buy their products.
It is used to promote goods and services using a multimedia channel such as television, radio, billboards etc.
Critique of advertising postulates that adverts usually urge or prompt consumers to buy products even when they don't need it.