The money multiplier is the amount of money that is generated from the reserves of a bank: $100/0.10 - $100 = $900 billion The money supply is $100/0.10 = $1000 billion of $1 trillion If the reserves is changed to 20%, the money multiplier and money supply will decrease
the modern era? A. relationship marketing B. marketing mix C. relationship … ... mix. D. considering the short-term interests of society. E. customer service. 2.
Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.