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omeli [17]
2 years ago
7

Suppose you win on a scratch‑off lottery ticket and you decide to put all of your $3,500 winnings in the bank. The reserve req

uirement is 10%. What is the maximum possible increase in the money supply as a result of your bank deposit? Which events could cause the increase in the money supply to be less than its potential?
A. Banks decide to keep some excess reserves on hand.
B. Banks choose to loan out all excess reserves.
C. All money loaned out is deposited back into the banking system.
D. Some loan recipients choose to hold some cash instead of depositing all of it in banks.
Business
1 answer:
Semenov [28]2 years ago
7 0

Answer:

35000

A, d

Explanation:

Reserve requirement is the portion of deposit received by banks that the central bank requires to be kept as deposit.

If $3500 is deposited and reserve requirement is 10%

reserves would increase by $3500 x 0.10 = $350

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = amount deposited / reserve requirement

3500 / 0.1 = 35000

If the banks keep excess reserves, the amount of money available to be loaned out would reduce and this would reduce the increase in money supply.

Also, if individuals keep the money at home, it would reduce the amount of money that can be loaned out by banks

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Sophie [7]

Answer:

The correct answer would be A, Onions.

Explanation:

Meat, vegetables, herbs, etc are simmered with water on a low to medium flame to make a broth. Broths are usually thin and after some time, due to simmering, it starts to get body. The nutrients in the meat or vegetables or herbs start to mix in the water and give it a delicious taste. But the broth is still thin and needs to be thickened. So in order to make the broth thick, we need to add onions into the broth. Now when it will cook on a slow flame, the broth will get a hearty body and all the nutrients of the broth will make an appetizing dish.

4 0
3 years ago
Curtis williams is 69 years old. His wife, mary williams, is 67 years old. Curtis and mary plan to file a joint return. Mary is
kirill115 [55]

Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.

IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.

$25,900 + $1,400 + $1,400 + $1,400 = $30,100

Hence, Curtis and Mary's standard deduction is $30,100.

Read more about standard deduction on brainly:-

brainly.com/question/3158031

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3 0
2 years ago
Studies of new product launches indicate that about __________ percent of the products fail.
mamaluj [8]
<span>Past studies have found that new products fail in the market around 35-40 percent of the time. Here are some remarkable examples:

</span><span>Iridium Satellite Telephone - -$7 bil
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3 years ago
Red Industries began operations on April 11th, 2022. Red purchased $2,100 of supplies, and a physical count showed that $400 of
schepotkina [342]

Answer:

Explanation:

The journal entry is shown below:

Supplies expense A/c Dr $1,700

                  To Supplies A/c $1,700

(Being supplies account is adjusted)  

The supplies expense is computed below  

= Purchase value of supplies - supplies on hand  at year end

= $2,100 - $400

= $1,700        

For recording, this given transaction we debited the supplies expense account as the remaining balance is transferred to supplies expense and credited the supplies account

8 0
3 years ago
The United States produces computers and sells them to Mexico. At the same time, Mexico produces cars and sells them to the Unit
iren [92.7K]

Answer: B .An increase in imports into the United States and a decrease in exports to Mexico, which will cause a decrease in aggregate demand and real GDP

Explanation: Both the United state and Mexico are involved in international trade between the two countries in this scenario. So if there is a an appreciation in the Dollars there will be increased in importation into the United States, since fewer dollars will be required to import items. This will caused decrease in export to Mexico which will decreased aggregate demand and real GDP.

6 0
3 years ago
Read 2 more answers
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