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Maslowich
3 years ago
10

A bank's actual reserve ratio is the percentage of total deposits a bank actually holds on to. It is made up of the percentage t

hey are required to hold on to, known as the required reserve ratio, plus any extra they choose to hold on to. Suppose Dave's bank has an actual reserve ratio of 12%, and his bank makes a loan to Darlene based on the funds from Dave's deposit. How much does the money supply increase as a result of this second step
Business
1 answer:
Vsevolod [243]3 years ago
5 0

Answer:

The increase in the money supply will be "833333.33".

Explanation:

  • The real reserve ratio of either a lender seems to be the proportion of overall reserves another bank currently occupies onto another.
  • It consists of the proportion they become required to secure forward with, referred to that as the reserve requirement expected, including whatever extra those who happen to retain onto this.

According to the question,

The multiplier will be:

⇒ \frac{1}{RRR}

⇒ \frac{100}{12}

⇒ \frac{25}{3}

So the increase will be:

⇒ 100000\times \frac{25}{3}

⇒ 833333.33

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Answer:

$81.52

Explanation:

In this question, we are asked to state the price to pay for a stock at this present day.

To calculate this, we compute it mathematically.

Mathematically, we have;

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we then add together

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7 0
3 years ago
Are all warranty costs accounted for under the accrual basis of​ accounting? explain.
stich3 [128]

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8 0
3 years ago
Stuart works on an auto assembly line. Last year he was responsible for welding the upper panel of the wheel well onto the left
Ronch [10]

Answer:

d, job enlargement

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From the above question, Stuart used to weld just the upper panel area of the wheel to the left rear wheel. Now, by jo enlargement, Stuart now has the welding of every part of the entire left wheel area of the vehicle.

I hope this helps.

3 0
3 years ago
A sneaker manufacturing company targets teenagers. It sells the sneakers to these teenagers at a price which is lower than what
sladkih [1.3K]

Answer:

The correct answer is a. best-cost.

Explanation:

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7 0
3 years ago
come here if we can be freinds im a girl im 14 i like being freinds with boys and girls ill give brainleist to whoever wants to
natita [175]

Answer:

ur my fren now ΔωΔ

Explanation:

cuz u asked

8 0
3 years ago
Read 2 more answers
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