Answer:
$9 billion
Explanation:
Calculation to determine what The commercial banking system has excess reserves of
Using this formula
Excess Reserve= Net Worth Reserves -Required reserve
Let plug in the formula
Excess Reserve=$51 billion - (.30*$140 billion)
Excess Reserve=$51 billion-$42 billion
Excess Reserve=$9 billion
Therefore The commercial banking system has excess reserves of $9 billion
The answer to this is D. Hope this helped :)
Answer:
Product
Explanation:
When a person is developing a plan, he must understand the product he is selling.
He can only develop an effective plan if he knows the complete dimensions of the product at hand. An incomplete understanding would lead to developing an ineffective plan that might create the wrong perception of it in the minds of the consumer and eventually effect the sales negatively or maybe engage the wrong market in the process.
u get money back from what u brake or what is stolen that is the meaning
Answer:
Option b
Explanation:
In simple words, Decreased pay-up insurance program, minus fees and costs, enables the policy holder to obtain a reduced price of fully paying medical insurance. The claimant's hit age will assess the New Policy nominal value. As a consequence, the mortality payment is greater than those of the program which has expired.
The provision can involve restoring a percentage of the gross premiums charged, the plan's cash restitution cost, or a diminished reward dependent on premium collected until the policy has expired.
