The burden of a 10 percent tax on suppliers would be greatest on consumers within what price range of $2 and $4.
Elasticity rises as price rises along a straight-line demand curve. Thus, the lowest range is the most likely candidate.
Doing the calculations, we find that elasticity between $2 and $4 is [(26 - 22)/24]/[(4 - 2)/3] = (4/24)/(2/3) = (1/6)/(2/3) = 3/12 = .25 and is lower than in all the other ranges.
The Correct Option is a) i.e., $2 and $4
Each point on a demand curve that is straight will have a different elasticity. Any location along the demand curve may be used to determine the price elasticity of demand.
The midpoint of the demand curve has a unitary elasticity if the demand curve is linear (straight). At this moment, the overall income is at its highest. Elasticity is more than one at any position above the middle
(Ed > 1).
In this case, price decrease boosts overall income (expenditure). Elasticity falls below the middle to less than 1. (Ed < 1). Price reduction causes a decrease in the company's overall revenue. The reason why a straight line demand curve has different elasticity at each point is now under doubt. PED's worth decreases when prices falls.
The complete question is:
Given the same supply elasticity, the burden of a 10 percent tax on suppliers would be greatest on consumers within what price range?
A. $2 and $4
B. $4 and $6
C. $6 and $8
D. $8 and $10
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the difference between a profit center and an investment center is an investment center incurs costs, but does not directly generate revenues.
Answer:
An investment center is a classification used for business units within an enterprise. ... The Investment Center takes care of Revenues, Cost and Assets, while a Profit Center deals with revenues and costs and Cost Centers with costs only.
Explanation:
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Which of the assets has the greatest liquidity?
Answer:
You have a choice of B. or D.
I will go with D.
Explanation:
hope it's correct
company+a's+common+stock+has+a+beta+of+1.3.+the+market+expected+return+is+8%+and+the+risk-free+rate+is+3%.+what+is+the+company+a’s+cost+of+equity+capital+in+percent?
The cost of equity capital for Company A can be calculated using the Capital Asset Pricing Model (CAPM) formula. The formula is as follows:
Cost of Equity = Risk-Free Rate + Beta * (Market Expected Return - Risk-Free Rate)
Given the information provided:
Risk-Free Rate = 3%
Beta = 1.3
Market Expected Return = 8%
Plugging these values into the formula:
Cost of Equity = 3% + 1.3 * (8% - 3%)
Cost of Equity = 3% + 1.3 * 5%
Cost of Equity = 3% + 6.5%
Cost of Equity = 9.5%
Therefore, Company A's cost of equity capital is 9.5%.
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The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.
The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.
The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.
The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.
In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.
Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.
what is the importance of knowing how to compute the market share in a business
Answer:
Simply put, market share is a key indicator of a company's competitiveness. When a company increases its market share, this can improve its profitability. This is because as companies increase in size, they too can scale, therefore offering lower prices and limiting their competitors' growth.
You can determine a company's market share by dividing its total sales or revenues by the industry's total sales over a fiscal period.
It's important to calculate and understand market size for several reasons. First, entrepreneurs and organizations can use market sizing to estimate how much profit they could potentially earn from a new business, product or service. This helps decision-makers to decide whether they should invest in it.
with an upward-sloping shirt-run aggregate supply curve, an increase in government expenditure will most likely
An increase in government expenditure will most likely shift the short-run aggregate supply curve to the right.
A short-run aggregate supply curve that slopes upwards depicts a relationship between the price level and the total amount of goods and services that firms in an economy are willing to provide, taking into account the price of labor and raw materials. Supply curves are used to express the relationship between the price of a product and the quantity of that product that firms are willing to offer for sale. This is a graphical representation of the supply relationship.
Therefore, an increase in government expenditure would raise the prices of goods and services, and the demand for these goods and services would increase as well. As a result, businesses would increase their output to meet the new demand, and the short-run aggregate supply curve would shift to the right. As a result, the economy would experience both an increase in the price level and an increase in real GDP.
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The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
In 2016 based on people ages 15-74 the Swedish adult non-institutionalized population was about 7. 3 million, the labor force was 5. 2 million, and the number of people employed was 4. 8 million. According to these numbers, the Swedish labor force participation rate and unemployment rate were about
a. 71. 2% and 7. 7%
b. 71. 2% and 5. 5%
c. 65. 8% and 7. 7%
d. 65. 8% and 5. 5%
According to these numbers, the Swedish labor force participation rate and unemployment rate were about option a: 71.2% and 7.7%.
To calculate the labor force participation rate and unemployment rate, we need to use the following formulas:
Labor Force Participation Rate = (Labor Force / Adult Non-Institutionalized Population) * 100
Unemployment Rate = (Unemployed / Labor Force) * 100
Given the information provided:
Adult Non-Institutionalized Population = 7.3 million
Labor Force = 5.2 million
Number of People Employed = 4.8 million
Using the formulas above, we can calculate the rates:
Labor Force Participation Rate = (5.2 million / 7.3 million) * 100 = 71.23%
To calculate the number of unemployed people, we subtract the number of employed people from the labor force:
Unemployed = Labor Force - Number of People Employed
Unemployed = 5.2 million - 4.8 million = 0.4 million
Unemployment Rate = (0.4 million / 5.2 million) * 100 = 7.69%
Rounding these values to one decimal place, we find that the labor force participation rate is approximately 71.2% and the unemployment rate is approximately 7.7%.
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I rlly need answers quick guys! This isnt Business tho!
Subtracting money.
$ c. $ c.
395.12 - 275.64
Answer:
$119.48
Explanation:
hope this helped :)
the price of spaghetti goes up, and you know that you could buy other pasta, or other kinds of food entirely, but you really love pasta. therefore you keep buying the same quantity of pasta, regardless of the price change. how would an economist describe your demand for pasta?
An economist would define your pasta demand as inelastic. This means that even if the price of spaghetti has increased, you are still purchasing the same amount of it.
This shows that your desire for spaghetti is not very sensitive to price fluctuations, and that you are prepared to pay more for it even if the price rises. In other words, your passion for pasta trumps the impact of price fluctuations on your purchase habits. the price of spaghetti goes up, and you know that you could buy other pasta, or other kinds of food entirely, but you really love pasta. therefore you keep buying the same quantity of pasta. your passion for pasta trumps the impact of price fluctuations on your purchase habits.
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ConAgra and Cargill imitated the meat packing company, Iowa Beef Processors by automating their plants. This reduced the IBP competitive advantage because its capabilities were easily imitated.
True
False
false. The fact that ConAgra and Cargill mimicked Iowa Beef Processors by automating their factories does not necessarily imply that IBP's competitive edge has been diminished.
IBP may have maintained a competitive edge through other ways, such as greater quality, cost efficiency, or distribution networks. Furthermore, ConAgra and Cargill's mimicry of IBP's automation may have led in increased rivalry and innovation in the market, which may have benefitted consumers in the end. The fact that ConAgra and Cargill mimicked Iowa Beef Processors by automating their factories does not necessarily imply that IBP's competitive edge has been diminished. ConAgra and Cargill imitated the meat packing company, Iowa Beef Processors by automating their plants. This reduced the IBP competitive advantage because its capabilities were easily imitated.
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What are some alternatives to Bankruptcy? (Select All that Apply)
Group of answer choices
Using your Credit Card for a cash advance
Obtaining help from consumer credit counseling
Having a friend or family member Co-sign for an auto loan
Reduction of payments
Payment of debts by selling or borrowing on property
Out of court settlement
Securing a Payday Loan
Answer:
obtain help from consumer credit counseling, reduction of payments
Why does the demand curve facing a monopolistically competitive firm slope downward in the long run, even after the entry of new firms?
Answer:Firms will face perfectly elastic demand curves only if their products are perfect substitutes for the products of other firms.
Explanation:
Answer:Why does the demand curve facing a monopolistically competitive firm slope downward in the long run, even after the entry of new firms?
Explanation:
An example of a fixed cost is
A) rent
B) materials
C) labor
D) supplies
Answer:
A) Rent
Explanation:
This is a fixed cost because rent generally does not change.
A teacher purchased a bedroom set for $1,752, after a $125 down payment, using a 12-month deferred payment plan with an APR of 17.50% compounded monthly. Determine the total amount paid if, after the deferment period, the teacher pays $103.56 per month, for 24 months, until the balance is paid off.
$1,958.07
$2,485.44
$2,610.44
$2,089.06
The total amount paid by the teacher for the loan is $2,610.44. The correct answer is option C.
What is loan?A loan is a financial transaction in which a lender gives money to a borrower, who is then obligated to repay the money with interest over a set period of time. Loans can be secured or unsecured, with secured loans requiring collateral such as a house or car to be put up as security, while unsecured loans do not require collateral but often come with higher interest rates. Loans can be used for a variety of purposes, such as buying a home, financing a business, or paying for education. The terms of a loan, including the interest rate, repayment schedule, and any fees, are outlined in a loan agreement, which both the borrower and lender must sign. Defaulting on a loan can have serious consequences, such as damage to credit scores and legal action by the lender.
Balance after 12 months = $1,752 - $125 = $1,627
Monthly interest rate = APR / 12 = 17.50% / 12 = 0.01458
Total amount paid = \(103.56 x [(1 - (1 + 0.01458)^-^2^4) / 0.01458] + ($1,627 * (1 + 0.01458)^1^2)\)
Total amount paid = $2,610.44 (rounded to the nearest cent)
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the elements of consideration, in a bilateral contract for a sale of goods, are the sale and the goods. group of answer choices false true
In a bilateral contract for the sale of goods, consideration refers to the exchange of something of value between the parties involved.
Sale: The first element of consideration is the sale itself. This refers to the agreement between the buyer and the seller to transfer ownership of goods in exchange for some form of consideration. The sale establishes the intention of the parties to enter into a contractual relationship.
Goods: The second element of consideration is the goods that are the subject of the contract. Goods typically refer to tangible, movable items that are bought or sold, such as merchandise, equipment, or commodities. The specific nature and description of the goods should be clearly defined in the contract to avoid any ambiguity or misunderstanding.
Consideration is a fundamental requirement for the formation of a valid and enforceable contract. It ensures that each party is giving something of value and creates a mutual obligation to perform their respective duties under the contract. Without consideration, a contract may be considered gratuitous and lacking the necessary elements for enforceability.
It's important to note that these elements of consideration can vary depending on the jurisdiction and specific contractual terms. Legal advice from a qualified professional should always be sought for specific contract-related matters.
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Ceramic creations sells pots for $25. The variable cost per pot is $12 and 15,000 pots must be sold to break-even. If ceramic creations sells 25,000 pots, net operating income will be: multiple choice question. $250,000. $0. $325,000. $130,000
Ceramic creations sells pots for $25. The variable cost per pot is $12 and 15,000 pots must be sold to break-even. If ceramic creations sells 25,000 pots, net operating income will be $145,000.
To calculate net operating profit, we need to determine the total contribution from the sale of 25,000 vials and then subtract the fixed costs.
The contribution margin per pot is the selling price minus variable costs, which is:
$25 - $12 = $13
Thus, the total profit from the sale of 25,000 jars is:
25,000 x 13 USD = 325,000 USD
Since fixed costs are $12 x 15,000 = $180,000, we can now calculate net operating profit as follows:
$325,000 - $180,000 = $145,000
Therefore, net operating income will be $145,000.
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Complete question
Ceramic creations sells pots for $25. The variable cost per pot is $12 and 15,000 pots must be sold to break-even. If ceramic creations sells 25,000 pots, net operating income will be
1.$250,000
2.$0
3. $145,000
4. $130,000
The Finley Company plans to produce 25,000 units during July. It plans to sell 26,000 units in July. Each unit of finished product requires 2 pounds of direct material X. This direct material costs $4 per pound. The July 1 inventory of X is 2,000 pounds, and the desired July 31 inventory of X is 1,000 pounds. The cost of material X purchases in July is planned to be: Group of answer choices
The cost of the material X purchased in July should be $196,000.
The cost of material X purchased be:Material required for production (25,000 units × 2 pound per unit) 50,000 pounds
Add: Desired closing inventory 1,000 pounds
Total requirement 51,000 pounds
Less: Opening inventory - 2,000 pounds
Material to be purchased 49,000 pounds
Multiply with Cost of material $4 per pound
Total cost of purchases $196,000
Therefore we can conclude that the cost of the material X purchased in July should be $196,000.
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Marcy has just gotten a promotion at work and she wants to buy a house. She currently pays $350 a
month for a car payment and $200 a month on her credit cards. She has a gross monthly income of
$4,000. Using the Debt Ratio Formula, calculate her potential maximum monthly house payment.
Answer:
$890
Explanation:
As per the 28/36 rule, Marcy can have debts not exceeding 36% of her gross income. If her gross income is $4000, her maximum debts should be 36% of $4000
=36/100 x $4000
=0.36 x $4000
=$1,440
Marcy has a $350 car payment and 200 credit payments every month.
current monthly payments
= $350 + $200
=$550
Marcy's loan limit is at $1440; current repayments total $550.
The maximum amount that can go to a housing loan is
=$1440 - $550
=$890
If left uncontrolled the high blood pressure can cause 1. Kidney disease 2. Heart failure 3. Stroke 4. All of above
If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.
What is high blood pressure?High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.
Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.
If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.
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16. While company policy determines how often an employee performance review is conducted,
standard times for reviews typically range from once every
to
Standard time for employee performance reviews typically range from once every six months to once a year, and they are important for evaluating employee performance and providing feedback
While company policies can vary, the standard times for employee performance reviews typically range from once every six months to once a year.
These reviews are an important tool for employers to evaluate employee performance, provide feedback and identify areas for improvement.
Conducting regular performance reviews helps to establish clear expectations, set goals and provide opportunities for professional development.
The frequency of reviews can depend on factors such as the size of the company, the nature of the job, and the level of experience of the employee.
Some companies may conduct performance reviews more frequently for new employees or those in more critical roles, while others may opt for annual reviews for all employees.
Regardless of the frequency, regular performance reviews are essential for fostering employee growth and development, and for maintaining a productive and motivated workforce.
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The complete question is :
16. While company policy determines how often an employee performance review is conducted, standard times for reviews typically range from once every six months to once a year?
4 On 1 July 20-6 Mumtaz started a business. The following are her transactions for the first two weeks of trading:
Mumtaz started a commercial enterprise. the following are her transactions for the primary weeks of trading: can do economic transactions thru cellular banking using a smartphone.
Definition of transaction: something transacted specially: a trade or switch of goods, services, or funds digital transactions. b transactions plural: the often posted record of the meeting of a society or affiliation: an act, system, or example of transacting.
Examples of transactions are as follows: Paying a provider for offerings rendered or items added. Paying a seller with coins and notice so that you can attain ownership of belongings previously owned by means of the seller. Paying an employee for hours worked.
In accounting, a transaction in any financial commercial enterprise event impacts a commercial enterprise's monetary statements. because transactions include any occasion that has an economic effect on your monetary data, there are a whole lot of items that are transactions.
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Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
Sales (6,700 units) $ 469,000
Variable expenses 335,000
Contribution margin 134,000
Fixed expenses 103,500
Net operating income $ 30,500If the company sells 6,600 units, its net operating income should be closest to:
Rovinsky Corporation sells a single product and provides the contribution format income statement for November. If the company sells 6,600 units, its net operating income should be closest to $28,560.
Let's verify the claim from the given information. What is a Corporation? A corporation is a business entity that has been established by filing articles of incorporation with the government in the country where it operates. Corporations are owned by shareholders and are legally recognized as distinct entities from their owners. What is a contribution?Contribution is defined as the difference between the selling price per unit and the variable cost per unit. The contribution margin is the amount of profit that is generated by the company. It represents the amount of money that can be used to cover fixed expenses and generate a profit for the company. It is calculated by subtracting variable expenses from sales.What is Net Operating Income?Net operating income is the amount of money that a company has left over after paying all of its operating expenses. It is calculated by subtracting all of the company's expenses from its total revenue. The formula for calculating net operating income inlet operating income = Gross profit - Operating expenses Given data: Sales (6,700 units) = $469,000Variable expenses = $335,000Contribution margin = $134,000Fixed expenses = $103,500Net operating income = $30,500We can use the formula for calculating net operating income to find the answer to this question .NET operating income = Gross profit - Operating expenses The gross profit is the difference between the sales and the variable expenses.
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In a bank reconciliation, deposits outstanding are: a. subtracted from the bank balance. b. added to the book balance. c. added to the bank balance. d. subtracted from the book balance.
In a bank reconciliation, deposits outstanding are b. added to the book balance.
What is book balance?The book balance is the balance of cash in a company's general tally, while the bank balance is the balance of cash in the company's bank account. Deposits outstanding are deposits made by the company that haven't yet been recorded by the bank.
To attune the book balance with the bank balance, outstanding deposits are added to the book balance. This is because the book balance formerly includes the deposits made by the company, while the bank balance doesn't yet reflect those deposits until they're recorded by the bank.
Thus, the correct answer is b. added to the book balance.
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analyze the merits and drawbacks of operating in a mass market.
Answer:
merits1. Cost efficiency
1. Cost efficiencyMass marketing is a cost-effective option when companies use it to advertise products that consumers consider necessities. Customized advertisements are often expensive compared to mass marketing campaigns. With mass marketing, companies might avoid using resources to contact customers individually.
2. Large scope
2. Large scopeMass marketing campaigns often reach wider audiences when compared to niche marketing techniques. Whereas niche marketing appeals to one specific type of customer, mass marketing targets all consumers in a market. When a company uses mass marketing, it sends each of its advertisements across several channels and has the potential to reach a variety of customers.
3. Brand awareness
. Brand awarenessMass marketing can increase a company's brand awareness. Customers that view a company's mass marketing campaign several times or in a variety of places may have an easier time recognizing the brand and its products. A solid brand image might discourage competition from other companies that use mass marketing and have similar products.
4. Time efficient
Time efficientMarketing teams can save time when using mass marketing techniques. Niche marketing requires professionals to create different advertisement strategies for each marketing segment. Mass marketing reduces the time spent on advertisement creation by using the same campaign for each type of customer.
drawbacks1. Customer experience
1. Customer experienceA customer's experience with a mass marketing campaign may vary depending on factors like their interests, demographics, needs and geographical location. Consumers have different needs and desires, and a single marketing campaign may not fulfill the wishes of each customer. For example, mass marketing may be successful in one geographic area but customers in other regions might not respond positively to it.
2. Inefficient for small businesses
2. Inefficient for small businessesMass marketing may be an inefficient strategy for small businesses. While it's a cost-effective option for large companies, mass marketing can be expensive for small businesses. Small businesses that sell unique products or services may find more success with customized advertisements that appeal to specific audiences.
3. Competition
3. CompetitionCompanies that rely on mass marketing may face competition from businesses that use targeted advertisements. Customers might prefer customized marketing campaigns and specific products rather than a single good or service that tries to appeal to an entire market. Consumers may specialize their searches when looking for a product to purchase and avoid interacting with mass advertisements. Additionally, new companies that try to enter the market may face competition from established businesses that rely on mass marketing to attract a consistent customer base.
yoinkers my dude, take some and pass on.
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
What is his middle name??(ps it's not answered).
Answer: um I don’t know who you want for a middle name but are you talking about “Jonathan Charles Peters Johnson” I guess that what you want
Explanation: Hope this help ;)
Answer:
juan
Explanation:
which type of premium can build sales volume in stores that put up displays and participate fully? question 20 options: a) near-pack premium b) self-liquidating offer c) mail-in offer d) add-on premium e) continuity premium
The premium that can build sales volume in stores that put up displays and participate fully is the near-pack premium. The Correct option is A
This type of premium is typically offered with the purchase of a product and is located near the product, such as on the shelf or at the cash register. The near-pack premium encourages customers to make a purchase and can also help to build brand loyalty. This type of premium is often used in conjunction with in-store displays and promotions to increase sales volume and drive traffic to the store.
Overall, the near-pack premium can be an effective marketing tool for companies looking to increase sales and build customer loyalty.
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Competition-baed pricing i alway etting price that i oppoite on the price offered by competitor. I it true or fale ?
False. Competitor-based pricing is just one of the many pricing strategies used by companies.
It involves analyzing the prices of similar products or services offered by competitors and setting prices accordingly. The goal is to stay competitive in the market and remain attractive to customers.
However, blindly setting prices based solely on what competitors are offering may not always be the best approach. Companies should consider various factors such as production costs, target customer segments, brand image, and so on, before setting their prices.
A sustainable pricing strategy should balance the need to remain competitive with the need to generate sufficient revenue to cover costs and achieve profitability.
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let's say we decide to transact with typical bank again, and remember that the required reserve ratio is 0.2. g
The Federal Reserve establishes the Required Reserve Ratio (RR) as a percentage. (b) Banks often desire greater savings when interest rates are higher.
How do you determine the necessary reserve ratio?Simply dividing the amount of money a bank must keep in reserve by the amount of money it has on deposit yields the required reserve ratio. For instance, if a bank had to hold $500,000 in reserves along with its $10 million in deposits, the minimum reserve ratio would be 1/20, or 5%.
How much bank reserves are there?Key Learnings. The percentage of a commercial bank's deposits that it is required to retain in cash as a reserve in the event of a large number of client withdrawals is known as the reserve ratio and is determined by the central bank. The reserve ratio is a crucial monetary policy tool used by the Fed in the United States to enhance or lower the money supply in the economy.
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