1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
igor_vitrenko [27]
3 years ago
11

A bank is legally required to hold a fraction of its ________ as ________. deposits; required reserves deposits; excess reserves

loans; excess reserves loans; required reserves
Business
1 answer:
GaryK [48]3 years ago
5 0
<span>A bank is legally required to hold a fraction of its deposits as required reserves. These regulations are a requirement and set by most banks around the world. They set minimum amounts that must be held all the type to serve as a reserve in case of an </span>emergency. 
You might be interested in
The nations of western europe, israel, japan, and australia fall into which category of countries
Marina86 [1]
Hot countries so they will be warm
4 0
3 years ago
Beginning inventory, purchases, and sales for Item Widget are as follows: Mar. 1 Inventory 200 units at $8 9 Sale 175 units 13 P
Rzqust [24]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Mar. 1 Inventory 200 units at $8

Mar. 9 Sale 175 units

Mar. 13 Purchase 160 units at $9

Mar. 25 Sale 150 units

Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method

Cost of goods sold= 25 units*$8 + 125units*9= $1325

Ending inventory= 35units* 9= $315

5 0
3 years ago
What is the economic term used for sustained increase in the price of goods and services
Shkiper50 [21]

Answer:

Inflation

Explanation:

Inflation refers to a situation of a general increase in the prices of goods and services in the economy. As prices of goods and services rise, the cost of living goes up. Inflation results in the purchasing power of currency to diminish.    

Economist uses the consumer prices index to determine the rate of inflation. Inflation means a basket of goods and services will cost more today than it did in the prior period. Rapid economic growth that results in too much money in circulation causes inflation.

3 0
2 years ago
Babe Ruth was a famous baseball player in the 1920s. He made a salary of $80,000 in 1930, which was considered outrageous becaus
ArbitrLikvidat [17]

Answer:

In real dollars, Babe Ruth's salary = $80,000 / 0.0645 (CPI 1930) = $1,240,000

Since Babe Ruth was the highest paid baseball player back then, if we compare his updated salary to Kershaw's salary, it represents only = $1,240,000 / $33,000,000 = 3.76%.

That means that most of the players' salary raise was due to other factors, not just inflation.

4 0
3 years ago
A microeconomist might study which of the following? how inflation changes over time for several countries how money supply aggr
Anastaziya [24]

Answer:

why wages for females are lower than for males in a particular labor market

Explanation:

Economics is the study of how people decide and how these decisions affect the world around them. Microeconomics focuses on particular markets, individuals and organizations, whereas macroeconomics focuses on the entire economy.  

Response is “ why wages for females are lower than for males in a particular labor market” because there the micro-economist would focus on a particular market: the labor market, and tries to understand the wage gap between female and male workers.

The remaining options focus on large scale factors on a “macro” level and thus do not pertain to the study of “micro”economics .

8 0
3 years ago
Other questions:
  • For nonprofit organizations, strategy is long-term thinking related to
    14·1 answer
  • The most important factor in helping children to build a strong sense of self-efficacy is to
    10·2 answers
  • If a culture is described as valuing harmony, interdependence, fitting in, and social responsibility, it is likely:
    5·2 answers
  • _______ is part of the new social contract for employees.
    6·1 answer
  • Nico bought 500 shares of a stock for $24.00 per share on january 1, 2013. he received a dividend of $2.50 per share at the end
    14·1 answer
  • The increased ability to communicate and travel around the world has led to a phenomenon known as _________, where companies exp
    5·2 answers
  • Select the correct answer.
    5·1 answer
  • Some say, "Pollution is the price of progress? 1. Who in fact pays the price? 2. Explain the moral and the economic issues raise
    14·1 answer
  • Consider a no-load mutual fund with $390 million in assets and 15 million shares at the start of the year and with $440 million
    8·1 answer
  • You expect KT industries​ (KTI) will have earnings per share of $ 6 this year and expect that they will pay out $ 2.25 of these
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!