Imagine that you deposit $25,000 in currency (which you had been storing in your closet), into your checking account at the bank. assume that this institution has a required reserve ratio of 25%.

as a result of this deposit, what is the theoretical maximum amount in loans that can be made by all the banks (combined) in the commercial banking system?

a. $75,000
b. $18,750
c. $25,000
d. $100,000
e. $0

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation