select the correct answer. which type of enterprise has ‘unlimited liability’? a. corporation b. public-limited company c. partnership d. private-limited company
Answers
The type of enterprise that has unlimited liability is a partnership Therefore the correct option is C.
Partnership is a business entity formed by two or more individuals who contribute money, property, or skills to operate and manage the business. In a partnership, each partner is personally liable for the debts and obligations of the partnership.
This means that in case the partnership cannot pay its debts, creditors can seek payment from each partner's personal assets, which could include personal savings, investments, or properties. It is important for individuals entering a partnership to fully understand and accept this risk before doing business as partners.
Hence the correct option is C
To know more about enterprise visit:
https://brainly.com/question/32634490
#SPJ4
Related Questions
When Deer Valley Resort Co. (DVRC) was developing its ski resort in the Wasatch Mountains near Park City, Utah, it sold parcels of land in the resort village to third parties. Each sales contract reserved the right of approval over the conduct of certain businesses on the property, including ski rentals. For fifteen years, DVRC permitted Christy Sports, LLC, to rent skis in competition with DVRC’s ski rental outlet. When DVRC opened a new midmountain ski rental outlet, it revoked Christy’s permission to rent skis. This meant that most skiers who flew into Salt Lake City and shuttled to Deer Valley had few choices: they could carry their ski equipment with them on their flights, take a shuttle into Park City and look for cheaper ski rentals there, or rent from DVRC. Christy filed a suit in a federal district court against DVRC. Was DVRC’s action an attempt to monopolize in violation of Section 2 of the Sherman Act? Why or why not? [Christy Sports, LLC v. Deer Valley Resort Co., 555 F.3d 1188 (10th Cir. 2009)] (See Monopolization.)
Answers
Answer:
Yes, In this case DRVC acted alone so Sherman Act may apply.
Explanation:
Sherman acts states that every person who shall monopolize or attempts to monopolize or conspire with other person to monopolize any part of trade among the several states with foreign nations shall be deemed guilty of a felony. This act can be violated by one or more persons.
Which of the following is true regarding emergency funds for a family?
A. short-term reserves should be placed in publicly-traded stocks and bonds
B. the more a family invests in stocks and bonds, the more liquid cash reserves are needed
C. the amount that a family would need is fixed, regardless of circumstances
D. families should have three to six months of income for emergencies
Answers
D. Families should have three to six months of income for emergencies, this statement is is true regarding emergency funds for a family.
This option is true regarding emergency funds for a family. It is generally recommended that families maintain an emergency fund with enough savings to cover three to six months' worth of living expenses. This fund serves as a financial safety net to help them cope with unexpected events or financial hardships, such as job loss, medical emergencies, or major home repairs.
Having an adequate emergency fund provides a buffer and allows families to cover essential expenses without relying on credit cards or taking on debt. The specific amount needed may vary based on individual circumstances, such as income stability, family size, and financial obligations. However, aiming for three to six months of income is a commonly recommended guideline to ensure sufficient protection during unforeseen circumstances.
Learn more about emergency funds here:
https://brainly.com/question/13420184
#SPJ11
an arm loan for 30 years at an annual interest rate of 4% and a balance of $50,000 was made. suppose the market index rises at the end of one year and the new interest rate on the arm is 6%. what is the new monthly payment on the outstanding loan balance for the remaining 29 years?
Answers
The new monthly payment for the remaining 29 years of the loan total is $298.16.
The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest on other fees, defaulted payments, interest on defaulted payments, unpaid principal, and interest on the unpaid principal.
The Initial Monthly Payment (PMT) is calculated using inputs in the first step.
PV = Original loan amount = $50,000
Nper = 30*12
Rate = 4%/12
The Balance after One Year (FV) is calculated utilizing
PV = Initial balance = $50,000
Nper = 1*12
PMT = Calculated in 1st step
Rate = 4%/12
Inputs are used to calculate The New Monthly Payment (PMT).
PV = Balance one year later (calculated in Step 2)
Nper = 29*12
Interest rate = 6%/12
Final Amount = $298.16
To know more about Loan Amount, refer to this link:
https://brainly.com/question/15728579
#SPJ4
As an entrepreneur, jill spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative
duties.
OA.
True
OB.
False
Answers
It is false that an enterprenuer, jill will spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative duties.
Who is an enterprenuer?An entrepreneur is an individual who Identifies a gap or problem and creates a new business around it.
The persons bears most of the risks attached to the business and is more dedicated to the activities, planning and administrative work of the business.
Therefore, It is false that an enterprenuer, jill will spends the majority of her time on the more 'glamorous' activities of running a business rather than the administrative duties.
For more information on entrepreneur kindly check https://brainly.com/question/1394707
Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answers
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
Learn more about the management here:
https://brainly.com/question/29023210
#SPJ5
a corporation paid cash dividends totaling $75,000 during its most recent fiscal year. how should this information be reported on their statement of cash flows?
Answers
a corporation paid cash dividends totaling $75,000 during its most recent fiscal year: In financing activities are a use of funds, should this information be reported on their statement of cash flows.
What is fiscal year?A firm utilizes a fiscal year, which is a 12-month accounting period, to report financial and tax information. Another name for a fiscal year is a financial year. A fiscal year does not have to begin on January 1 and conclude on December 31 like a calendar year; it can be otherwise.
Fiscal years are interchangeable with financial years. They refer to the twelve-month window for submitting accounting statements.
To know more about fiscal year refer to:
https://brainly.com/question/14504946
#SPJ4
The complete question is as follows:
A Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on their statement of cash flows?
In operating activities as a source of funds.
In investing activities as a source of funds.
In investing activities as a use of funds.
In financing activities as a source of funds.
In financing activities as a use of funds.
Profit is revenue minus expenses. If your profit is $3,000 and your revenue is $50,000, what are your expenses?
Answers
An account in which a customer deposits money for a set period of time in
return for a fixed rate is called a:
O A. money market account.
B. checking account.
C. certificate of deposit.
O D. debit card.
Answers
An account in which a customer deposits money for a set period of time in return for a fixed rate is called a: C. certificate of deposit.
What is a certificate of deposit (CD)?A certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account that is typically issued by a financial institution (bank) to its customers, wherein an amount of money (lump-sum) are left with the bank for a specific period of time, in exchange for a fixed interest rate premium.
This ultimately implies that, a certificate of deposit (CD) pays a higher interest rate to its holder (customer) than other regular savings account and money market account because banks usually invest this money (lump-sum) in a business, so as to make profit.
Additionally, a bank's certificate of deposit (CD) is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, which typically makes it somewhat safer than other investment options.
Read more on certificate of deposit here: brainly.com/question/28190396
#SPJ1
Given the following information, calculate the taxes due on sale for the following fully taxable sale. Net Sale Proceeds: $1,500,000, Adjustable Basis: $830,000, Depreciation Recapture: $150,000, Capital Gain Tax: 15%, Depreciation Recapture tax: 25%.
A. $37,500
B. $78,000
C. $100,500
D. $115,500
Answers
The taxes due on sale for the following fully taxable sale is $78,000. (B)
To calculate the taxes due on sale for the fully taxable sale, follow these steps:
1. Calculate the capital gain: Net Sale Proceeds - Adjustable Basis = $1,500,000 - $830,000 = $670,000
2. Subtract the Depreciation Recapture: $670,000 - $150,000 = $520,000
3. Calculate the tax on the capital gain: $520,000 * 15% = $78,000
4. Calculate the tax on the Depreciation Recapture: $150,000 * 25% = $37,500
5. Add the two taxes together: $78,000 + $37,500 = $115,500
However, since the main answer only asks for the taxes due on the capital gain, the correct answer is $78,000 (B).
To know more about taxable sale click on below link:
https://brainly.com/question/29768889#
#SPJ11
Match each term with the correct statement or level of management planning. 1.Tactical Planning 2.Vision Statement 3.Mission Statement 4.Operational Planning 5.Strategic Planning. Match each of the options above to the items below. --His company makes professional-quality products that are accessible to the recreational angler ___. --The company wants to provide a chance for every person to reach his or her highest fishing potential without sacrificing their retirement savings to do it ___. --To grow the company by 50% over the next five years ___. --Her department plans to introduce 10 revolutionary new lures to the company's already exciting lineup of products over the next two years ___. --Project managers have the designs complete now and are working to streamline the production tools to maximize efficiencies and thus bring costs down.
Answers
The match up are:
Operational Planning: Project managers have the designs complete now and are working to streamline the production tools to maximize efficiencies and thus bring costs down. Vision Statement: The company wants to provide a chance for every person to reach his or her highest fishing potential without sacrificing their retirement savings to do it. Mission Statement: His company makes professional-quality products that are accessible to the recreational angler. Tactical Planning: Her department plans to introduce 10 revolutionary new lures to the company's already exciting lineup of products over the next two years. Strategic Planning: To grow the company by 50% over the next five years.What is Tactical Planning?Tactical Planning: This level of planning involves determining the specific actions, steps, and resources needed to achieve the objectives set in the strategic plan. The statement "Her department plans to introduce 10 revolutionary new lures to the company's already exciting lineup of products over the next two years" is an example of tactical planning.
Therefore, in terms of Vision Statement: This is a statement that defines the long-term aspirations of an organization. The statement "The company wants to provide a chance for every person to reach his or her highest fishing potential without sacrificing their retirement savings to do it" is an example of a vision statement.
Learn more about Tactical Planning from
https://brainly.com/question/8613698
#SPJ1
Tina wants to create a project in QuickBooks Online for her company. Her company recently began a bathroom remodel for a customer named Tim Turner. From the company's QuickBooks Online homepage, arrange the steps Tina should take to create a new project in the correct order.
Answers
Answer:
Here are the steps Tina should take to create a new project in QuickBooks Online for her company:
1. From the QuickBooks Online homepage, click on the Projects tab.
2. Click on the New Project button.
3. Enter the project name as "Bathroom Remodel for Tim Turner" and add any other relevant information.
4. Save the project.
Who is the leader of EG
Answers
Answer:
The company, the U.S. unit of U.K.-based EG Group Ltd has named George Fournier as its new president.
the total tea is an american restaurant chain that specializes in herbal and bubble teas with locations in 20 countries. when the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. these master subsidiaries are joint ventures with local partners. specifically, these joint ventures are politically more acceptable and they multiple choice ensure a steady stream of royalty payments. tend to provide a higher control over technology. avoid high transport costs. help realize location and experience curve economies. bring a degree of local knowledge to the subsidiary.
Answers
When the company enters a new foreign market, it usually selects a combination of franchising are politically more acceptable and they help realize location and experience curve economies.
What is foreign market?A foreign market is a market outside of a company's domestic market, where the company can sell its products, services, and invest in assets. Companies that enter foreign markets have to consider the cultural, economic, and legal differences between their domestic market and the foreign market. Foreign markets can be attractive to businesses as they open up the potential for new markets, larger audiences, and increased profits. Companies must take the time to research the foreign market and its potential customers to ensure an appropriate marketing strategy and product offerings. Companies can use a variety of methods to enter foreign markets, including franchising, licensing, exporting, joint ventures, and direct investments.
To learn more about foreign market
https://brainly.com/question/28319654
#SPJ1
Which type of economy is used by the United States?
HELPPPPPPPPP
Answers
Answer:
mixed economy
Explanation:
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism.
mixed economy
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism
the website of wempower, an online women's magazine, has a book section sponsored by spellbound, an e-commerce website. spellbound has a similar arrangement with valdivia and a few other sites. in this scenario, spellbound is using a ( n )
Answers
In this scenario, Spellbound uses a form of affiliate marketing. This is a type of performance-based marketing where any business rewards one or more affiliates for every visitor or customer brought in by the affiliate's own marketing efforts.
Affiliate marketing uses Spellbound to build relationships between other websites that help them build their brand. Spellbound will provide other websites with a special link or code that they can include on their website. When a visitor clicks on a link or enters a code, it will track referrals and then reward the site with a commission amount if any visitor makes a purchase. This helps increase traffic to the Spellbound website and helps increase sales.
To know more about affiliate marketing click here
https://brainly.com/question/19427881
#SPJ4
The senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year. While reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted. What changes will have to be made to Carlton's income statement as a result of the omission of the earnings per share data
Answers
Answer: b. Carlton's income statement will have to be revised to include the earnings per share data
Explanation:
The options to the question are:
a. No changes will have to be made to Carlton's income statement. The income statement is complete without the earnings per share data.
b. Carlton's income statement will have to be revised to include the earnings per share data.
c. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's market capitalization is greater than $5,000,000.
d. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's net income for the past two years was greater than $5,000,000.
From the question, we are informed that the senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year and that while reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted.
The changes that will have to be made to Carlton's income statement as a result of the omission of the earnings per share data is that Carlton's income statement will have to be revised to include the earnings per share data.
PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Manuel wants to better manage his money and has started to seriously focus on financial planning. He has looked at his accounts and his other resources. What is the NEXT step Manuel should take in the financial planning process?
Identify his short-term and long-term financial goals.
Identify his potential goals.
Periodically review and revise his financial plan.
Answers
Answer: A. Identify his short-term and long-term financial goals.
Explanation:
You're welcome :)
After going over his accounts and resources, Manuel should reflect on his short-term and long-term financing.
What is short and long-term finance?Short period financing methods cast off a mortgage to make a purchase, commonly with a time period of much less than 365 days. Trade credit, commercial bank loans,commercial paper and secured loans.
Long period finance may be described as any economic device with an exceeding one year, consisting of financial institution loans, bonds, leasing, and different sorts of debt finance, public finance instruments.
So from the above declaration, it's clear that short and long-time period financing, is the ideal answer.
Learn more about short and long term financing, refer to:
https://brainly.com/question/13567636
Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answers
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
disulfide bonds account for about of the hair's overall strength
Answers
Disulfide bonds account for about one-third of the hair's overall strength. The human hair shaft is made up of three main layers; the medulla, the cortex, and the cuticle. Hair is made up of keratin, a protein that consists of amino acid chains held together by peptide bonds.
Disulfide bonds account for roughly one-third of the hair's overall strength, and they are the strongest type of chemical bond present in the hair. These bonds are established through oxidation reactions between two cysteine residues on different parts of the same protein chain, and they give hair its shape and strength.Therefore, disulfide bonds are a critical component of hair structure and its overall strength. When these bonds are damaged, hair can become weak and brittle, which can lead to breakage and other issues.
In conclusion, disulfide bonds account for about one-third of the hair's overall strength and are crucial to the structural integrity of the hair. When these bonds are damaged, hair can become weak and brittle, leading to breakage and other problems.
To know more about Disulfide bonds visit:
brainly.com/question/33442884
#SPJ11
''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?
Answers
Answer to the following question is TRUE.
The given statement "If average cost rises, marginal cost should rise" is correct.
This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.Learn more:
https://brainly.com/question/7781429?referrer=searchResults
what term describes conditions that precede a particular behavior that influence its future occurrence?
Answers
Antecedent conditions or antecedents refer to the factors or circumstances that precede a particular behavior and have an influence on its future occurrence.
Antecedent conditions, also known as antecedents, are the circumstances, events, or factors that occur prior to a specific behavior and contribute to its likelihood or occurrence.
These conditions can be internal or external and may include various environmental, social, or psychological factors. Antecedents set the stage or trigger for a particular behavior by influencing an individual's thoughts, emotions, or actions.
They can include cues, prompts, rewards, punishments, social norms, personal beliefs, or situational factors.
Understanding antecedent conditions is important in behavior analysis and psychology as it helps in identifying the factors that influence and shape human behavior, allowing for targeted interventions and modifications.
Learn more about Antecedent conditions here:
https://brainly.com/question/30835413
#SPJ4
Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.
Answers
Answer:
B
Explanation:
Edge
Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.
What are Careers?Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.
A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.
The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.
Learn more about Careers, Here:
https://brainly.com/question/8825832
#SPJ6
U.S. state versus federal law makes this issue particularly complex. What are other examples of industries where U.S. state and federal law are seemingly at odds
Answers
Industries where U.S. state and federal law can conflict or seem at odds are Marijuana, Gun control, Healthcare, Environmental regulations, Internet privacy.
There are several examples of industries where U.S. state and federal law can conflict or seem at odds:
Marijuana: While some states have legalized marijuana for both medical and recreational purposes, it remains illegal under federal law. This creates legal and financial challenges for businesses operating in the marijuana industry, as they cannot access traditional banking services or deduct business expenses from their federal taxes.
Gun control: States have varying laws on gun ownership and regulations, but federal law sets some minimum standards. The conflict between state and federal law on gun control can lead to confusion and controversy, especially after mass shootings.
Healthcare: The Affordable Care Act (ACA) is a federal law, but states have some flexibility in implementing its provisions. Some states have refused to expand Medicaid or have implemented other changes that conflict with federal guidelines.
Environmental regulations: States have their own environmental regulations, but federal regulations can be stricter. This can create challenges for businesses operating in multiple states and trying to comply with different standards.
Internet privacy: Some states have passed laws regulating internet privacy and data protection, but there is no federal law on the matter. This can create confusion for businesses operating across state lines and trying to comply with different regulations.
These are just a few examples of industries where U.S. state and federal law can conflict or seem at odds.
Learn more about Healthcare here:
https://brainly.com/question/12881855
#SPJ11
Which of the following is not an additional tax a taxpayer may have to pay? Multiple Choice Alternative minimum tax. Self-employment tax Net investment income tax Excess wage tax.
Answers
Excess wage tax. Excess wage tax is not an additional tax that a taxpayer may have to pay. The alternative minimum tax (AMT) is a separate tax system that imposes a minimum level of tax liability on certain taxpayers.
Self-employment tax is a tax that individuals who work for themselves must pay to fund Social Security and Medicare. Net investment income tax is a tax imposed on certain types of investment income for high-income individuals. However, there is no specific tax called "excess wage tax." It is important for taxpayers to be aware of these potential additional taxes and understand their applicability based on their income sources and circumstances.
Learn more about Excess wage tax here;
https://brainly.com/question/32683894
#SPJ11
Can anyone help me?
Saving money allows u to set more aside in a(n) ____ fund
Emergency
Bond
Exchange
Answers
Answer:
Saving money allows you to set more aside in an Emergency fund.
Look up the following words. Give the etymology of each. State what kind of term, such as mathematical, scientific, political science, history, etc. Include the name of the dictionary consulted as well as the publisher and publishing date.
ideological:
constructivist:
Marxist:
Vector:
axiomatic:
azimuth:
matrix:
hypothesis:
theory:
phenomena:
Answers
Answer:
1). Ideological: Greek origin, meaning a form. It is largely employed in historical context.
2). Constructivist: Russian, derived from the word 'konstruktivizm' meaning to reference to an abstract art movement. It is used in both political and historical disciplines.
3). Marxist: The word Marxist is used to denote a firm follower of the principles and teachings of Karl Marx. The word is commonly employed in social sciences.
4). Vector: Latin origin, the word gives the meaning convey. It is used in mathematics.
5). Axiomatic: Greek origin, meaning of 'self-evident' or 'thought to be fitting.' The word is used in mathematics.
6). Azimuth: Arabic origin using the word 'meaning , and samt, direction.' It is employed in science and geography for describing the celestial or heavenly bodies.
7). Matrix: Latin origin, meaning 'a breeding mother.' The term is commonly employed in both science and mathematics.
8). Hypothesis: Greek origin, formed with words 'Hupo'(means under) and 'thesis'(means placing). This is used in science to check the validity of a truth.
9). Theory: It comes from Greek word Theoria, stands for 'speculation or contemplation' It is used in science, mathematics, and other disciplines as well.
10). Phenomena: Derived from 'Phasinomenon', a Greek word , which stands for 'things appearing to view.' The word is most likely used in science to detail natural occurrences.
Douglas Harper's 'Online Etymological dictionary', 2000.
Drag each tile to the correct box.
Sequence the correct steps that an accountant needs to follow for recording transactions.
record the transaction as an entry in the
journal
obtain the source document and verify its authenticity
prepare the trial balance
make adjustment entries
post the entry into a ledger
Answers
The correct steps that an accountant needs to follow for recording transactions: obtain the source document and verify its authenticity, record the transaction as an entry in the journal, post the entry into a ledger, prepare the trial balance, and make adjustment entries.
What is accounting procedure?Accounting procedures are standardized processes that are used within the accounting department to perform a function.
An accounting procedure is intended to perform a function efficiently while incorporating adequate controls to reduce the risk of loss. A procedure can also be created as a training tool for employees, who can read the document to learn about a new job.
The accountant must first obtain the source document and verify its authenticity, and then post into journal and ledger. Then the trial balance is prepared and the accounts are closed with the necessary adjustment entries.
Therefore, the correct steps that an accountant needs to follow for recording transactions is given above.
To learn more about accounting procedure, click here:
https://brainly.com/question/20847758
#SPJ1
When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help do what to the economy?
Answers
Answer:
Lower reserves increase the money supply in the economy.
Banks can either keep deposits in reserves or give them out as loans.
the lower the reserve ratio, the higher the money multiplier and the higher the money supply.
Lowering the reserves can be a form of expansionary monetary policy
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Increase in the total value of checkable deposit is determined by the money multiplier
Money multiplier = 1 / reserve requirement
Increase in value of total deposit = amount deposited / reserve requirement
Assume 100 is deposited in a bank and the reserve requirement is 10%
Increase in value of total deposit = 100 / 0.1 = 1000
Imagine that the reserve is reduced to 5%
Increase in value of total deposit = 100 / 0.05 = 2000
reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
Select all of the benefits to buying a home.
Answers
Answer:
The value of the home generally increases over time
The quality of your home increases
Once the mortgage is paid in full you own the home
You can make improvements in the place