Answer:
The correct answer is $30 billions.
Explanation:
The checkable deposits are given as $140 billions.
The total reserves are $51 billions.
The required reserve rate is 30%.
The required reserves will be
=30% of $140 billions
=
=$42 billions
The excess reserves will be
=total reserves-required reserves
=$51-$42
=$9 billions
Maximum expansion by lending will be
=
=
=$30 billions
So, the money supply can be expanded by a maximum amount of $30 billions.
The actual purchase price, the term of the loan/monthly payment, and the dealer fees
Answer:
Henri Fayol Model (1841-1925)
Explanation:
Three models are explained below:
- Henri Fayol Model put forth an argument that management in their everyday routine carries our five major functions which are Planning, Organizing, Commanding, Coordinating, and controlling.
- Contemporary Model which involves planning, leading, organizing and controlling operations to achieve organizational goals.
- Systemic Model which relates the core management functions to different characteristics of a system
Products whose demand rises when another product's price increases are called: Substitute goods
Inflation is known to increase price levels, so therefore, the answer is True.