D a is the correct answer I’m pretty sure
Answer:
The amount of money created will be $1,250,000
Explanation:
In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.
Multiplier = 1/reserve ration = 1/0.2 = 5
The amount of money created = Multiplier *Initial deposit
Amount of money created = 5* 250,000
= 1,250,000
Answer:
profit.
Explanation: its just right
The effective interest rate is given by
Given that the <span>bond yeilds an annual yield of 6.7 percent and pays coupons twice a year.
The effective interest rate is given by:
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Answer:
The US District Court ruled that this case must be served by a court in Tennessee because:
- Allison was injured while working in Tennessee
- The place where Allison got involved with the defendant is Tennessee, so their relationship took place there.
If the lawsuit had been for a higher amount (at least $75,000), then the case could have been tried by a federal court.
