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
- Find the required reserve if the excess reserve is $600 and the actual reserve is $100What 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 2000What 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?Round Deposits Required Reserves of 20% Excess Reserves New Loans None of loan proceeds are held as currency in circulation by people Loan proceeds redeposited 1 $500 $100 $400 $400 0 $400 2 $400 $80 $320 $320 0 $320 3 $320 $64 $256 $256 0 $256 4 $256 $51.20 $204.80 $204.80 0 $204.80 5 $204.80 $40.96 $163.84 $163.84 0 $163.84 6 $163.84 $32.77 $131.07 $131.07 0 $131.07 7 $131.07 $26.21 $104.86 $104.86 0 $104.86 8 $104.86 $20.97 $83.89 $83.89 0 $83.89 9 $83.89 $16.78 $67.11 $67.11 0 $67.11 10 $67.11 $13.42 $53.69 $53.69 0 $53.69 Totals $2231.57 $417.31 $1785.26 $1785.26 0 $1785.26 Calculate the new money supply. (Enter response here.) Calculate the money multiplier.