Business, 19.08.2019 23:10, Corykids6080
Assume the commercial banking system has checkable deposits of $20 billion and excess reserves of $2 billion when the reserve ratio is 25 percent. if the reserve ratio is then lowered to 20 percent, we can conclude that the:
a. banking system now has excess reserves of $3 billion
b. monetary multiplier has decreased
c. maximum money-creating potential of the banking system has been increased by $7 billion
d. fed has decided that money supply needed to be reduced
Answers: 3
Business, 21.06.2019 16:40, anthonylemus36
Dollywood corporation accumulates the following data concerning a mixed cost, using miles as the activity level. miles driven total cost january 10,000 $16,500 february 8,000 $14,500 march 9,000 $12,500 april 7,000 $12,000 compute the variable and fixed cost elements using the high-low method
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Business, 21.06.2019 22:30, lejeanjamespete1
What is the connection between digital transformation and customer experience
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Business, 22.06.2019 10:50, dbhuggybearow6jng
Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?
Answers: 2
Assume the commercial banking system has checkable deposits of $20 billion and excess reserves of $2...
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