Suppose that a bank’s customer deposits $4,000 in her checking account. the required reserve ratio is 0.25. what are the required reserves on this deposit? what is the largest loan that the bank can make on the basis of the new deposit? if the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit?

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.