If the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
Given that bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20%.
Required reserve ratio is basically a percentage of deposits to be kept by the bank with them.
We are required to find the find the bank's reserve position.
Bank's reserves=$1000000.
Checking deposits=$3000000
Required reserve ratio=20%
Reserves required according to the checking deposits=3000000*20%
=$600000
Actual reserves=$1000000
Excess reserves=Actual reserves -Reserves required
Excess reserves=1000000-600000
Excess reserves=$400000
Hence if the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
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Answer:
Quantity supplied will increase
Answer:
1.011
Explanation:
The two differentiation for the two parameters such as units of labor and units of capital can be represented as shown below:
If z (production) = f(x,y) = x^0.75y^0.25
Where: x represents the units of labor and y represents the units of capital.
Thus, using differential, the change in production will be:
= 0.75x^(0.75-1)y^0.25 + 0.25(x^0.75)y^(0.25-1) = 0.75x^(-0.25)y^0.25 + 0.25x^0.75y^(-0.75)
x = 25+1 = 26; y = 19
dz = 0.75*26^(-0.25)*(19^0.25) + 0.25*26^0.75*(19^(-0.75)) = 0.75*0.443*2.09 + 0.25*11.51*0.11 = 0.694+0.317 = 1.011
Federal income taxes are not included in the employer's payroll tax expense.
<u>Explanation:</u>
The monthly salary of the employees are calculated based on deducing some amount for various things. The net pay is only paid as the salary of the employer. Employer payroll can be calculated by deducting statutory and voluntary deductions from the total salary.
The statuary deductions are made by the employer on the compulsory basis whereas the voluntary deductions are based on wish of the employee. Some of the statutory deductions includes withholding of Federal income tax ,Social Security tax ,Medicare tax,Additional Medicare tax,State income tax and Various local tax.
Answer: c. diversity management
Explanation:
Diversity Management happens when a company strives to include people from different backgrounds and demographic groups into various roles and functions within the company to enable them become integral, valued and appreciated members of the company. It also involves catering for the needs of various demographics to ensure that the Employees get the best relevant treatment they can to enable them bring out their best.
By including women in the Design team for the new site so that female needs may be addressed, the Top Management are practicing Diversity Management.
