Consider the following situations: a. Bank reserves are $250, the public holds $200 in currency, and the desired reserve-deposit ratio is 0.25. Find deposits and the money supply. Instructions: Enter your responses as whole numbers. Deposits: $ . Money supply: $ . b. The money supply is $600 and currency held by the public equals bank reserves. The desired reserve-deposit ratio is 0.25. Find currency held by the public and bank reserves. Instructions: Enter your responses as whole numbers. Currency held by the public: $ . Bank reserves: $ . c. The money supply is $1,400, of which $500 is currency held by the public. Bank reserves are $90. Find the desired reserve-deposit ratio. Instructions: Enter your response rounded to two decimal places. Desired reserve-deposit ratio: .

Solution:

a) Deposits= Bank Reserves/ (Reserve-deposit ratio)

                 = $250 / 0.25 = $1,000

Money supply =Currency held by the public+ Deposits

                        = $200 + $1,000 = $1,200

b) The savings and currency of the country are equivalent in this case. Its worth should be equal to x and deposits should have money supply less currency.

r = reserves/total deposits

0.25 = x / ($600 - x)

x = 150 - 0.25x

1.25 x =150

x =120

So, the currency held by public is $120

Bank reserves are $120  

c) As the money supply is $1,400 and the public holds $500 in currency, bank deposits must equal $900  

If bank reserves are $90,

the desired reserve/deposit ratio equals $90/$900 = 0.1

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.