Answer:
What is the Value of Bank Deposits?
bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000
What is the Money Supply?
money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000
Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?
if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250
total money supply = $2,000 - $250 = $1,750
Relevant information is information you can’t trust-This statement is False because Relevant means that is something that makes sense or is important -So the statement holds False
Explanation:
Relevant information is the information that an individual require to perform a given task.
For example in order to write a program the person needs all the relevant information related to the program that is to written like the value of the variable,the format of the output required.
The term Relevant means "of Importance"
If a information required is very important then it can be obtained only through proper research work and hence it can be trusted
so we can say that-the statement that relevant information is information you can’t trust-is False
Answer: PRIVACY. 100% postive
Explanation:
Answer: See explanation
Explanation:
a. Determine the net income for July using the cash basis of accounting.
Revenue = $3800 + $1100 + $5100 = $10000
Less: Expense = $1200
Net Income = $10000 - $1200 = $8800
b. Determine the net income for July using the accrual basis of accounting.
Revenue = $8600 + $3800 = $12400
Less: Expense = $1300
Net income = $12400 - $1300 = $11100
Metacognition is often referred to ask "knowing about knowing." Metacognition is the awareness or understanding of one's own thought process.