If the reserve ratio was 15% and someone deposited an additional $40,000, what would be the maximum increase in total deposits over time? $6000 $40,000 $60,000 $266,667 $600,000
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- If the reserve ratio was 15% and someone deposited an additional $40,000, what would be the maximum increase in total deposits over time? $6000 $40,000 $60,000 $266,667 $600,000Find the new deposit when the required reserve ratio is 20% and the initial change in the volume of deposit is 1000hi! may i know how to do this qns?
- Joey Espinoza has $1,000 in cash, he deposits the total amount in LegionBanc How much can LegionBanc lend from the money deposited? (The Central Bank has a reserve requirement of 1096.) Type your numeric nawer and swuhmitRound Deposits Required Reserves of 20% Excess Reserves New Loans 50% of loan proceeds are held as currency in circulation by people Loan proceeds redeposited 1 $500 $100.00 $400.00 $400.00 $200.00 $200.00 2 $200 $40 $160 $160 $80 $80 3 $80 $16 $64 $64 $32 $32 4 $32 $6.40 $25.60 $25.60 $12.80 $12.80 5 $12.80 $2.56 $10.24 $10.24 $5.12 $5.12 6 $5.12 $1.02 $4.10 $4.10 $2.05 $2.05 7 $2.05 $.41 $1.64 $1.64 $.82 $.82 8 $.82 $.16 $.66 $.66 $.33 $.33 9 $.33 $.07 $.26 $.26 $.13 $.13 10 $.13 $.03 $.10 $.10 $.05 $.05 Totals $833.25 $166.65 $666.60 $666.60 $333.30 $333.30 Calculate the new money supply. Calculate the money multiplier.one method to spend more money is to deduct an amount automatically from your salary in a direct deposit system true or false
- What would be the first loan in the table if the reserve ratio is 10%? A/Loans 800, total Deposit 800 B/ Loans 1000, total Deposit 1000 C/ Loans 900, total Deposit 1900 D/ Loans 1000, total Deposit 2000Find the required reserve if the excess reserve is $600 and the actual reserve is $100What are the different types of deposit accounts and loans offered to customers by any one commercial Bank in Oman? How will it benefit the account holders and borrowers?
- Only typed answer and please don't use chatgpt The maximum amount of dollars created by a deposit of $15,000 and assuming a reserve requirement of 10% would be: $_______ (include the original $10,000) in your answer and please do not include a $ sign in your answer.What are the characteristics (6)of money?Pls help with below homework State below statement is True or False If the desired reserve ratio in a country is equal to 5% and the cash drain ratio is 30%, a deposit of $10,000 will create $36,356 of money”.