Answer:
the money multiplier = 1/ reserve ratio in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5 %
What is the immediate impact of this transaction on the money supply? None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes. The maximum amount by which this bank will increase its loans from the transaction in part (a) • the bank will be able to loan = total deposit x (1 - reserve ratio) = $9,000
x (1 - 20%) = $7,200
The maximum increase in the money supply that will be generated from the transaction in part
• since the banks started to "create" money by lending the money, the money supply will increase by total deposit x ( money multiplier - 1) = $9,000 x 4 = $36,000 Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.
• The money supply will increase.
Explain what will happen to the money demand. • The money demand will also increase because aggregate demand and income will increase. Aggregate demand will increase by $9,000 x government multiplier. The government multiplier = 1/ MPS.
Answer:
Poor people lived in just one, two, or three rooms. Rich Greeks lived in large houses with several rooms. Usually, they were arranged around a courtyard and often an upper story. Downstairs was the kitchen and the dining room
Explanation:
from g oogle
Back in 1981, for those of you who remember, August 5 was the day that then-president Ronald Reagan fired more than 11,000 striking air traffic controllers. The air traffic controllers were fired two days after their union, PATCO, declared a strike. They were demanding a pay raise, a shorter workweek, and better working conditions. It was a move that some historians say laid the groundwork for today's assault on labor. Hope that helps, but if not visit this ∨
http://www.truth-out.org/news/item/25393-the-consequences-of-reagan-breaking-the-1981-air-traffic-co...
<u>Answer:</u>
The latin term used for leader in early Roman christians is <u>PAPA</u> (which means father)
<u>Explanation:</u>
Pope, the word comes from the latin word 'Papa' which means father. Pope is the head of vatican city. The catholic church considers him as the true successor of "Apostle Peter".
<u>Additional Information:</u>
Pope Mobile: Car of Pope
Mitre: His tall hat
Pallium: The cloth that he wears around the neck
Mode of election: The cardinal electors chooses the new Pope in a meeting called conclave (a room which may be locked). It needs the support of two third majority to elect the new Pope.
Thomas Jefferson served as an ambassador to France before serving in Washingtons cabinet. (Hope this helps!)
