In the case of the simple checkable-deposit expansion model, a decrease in checkable deposits of $1,000 when the required-reserve ratio is equal to 10 percent implies that the Federal Reserve Group of answer choices purchased $1,000 of government securities from corporations sold $100 of government securities to commercial banks sold $1,000 of government securities to households purchased $100 of securities from mutual savings banks or credit unions

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explanation:

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

answer(d) all of the choices are correct;