The basic reason why the commercial banking system can increase its checkable deposits by a multiple of its excess reserves is that
a) the central banks follow policies that prevent reserves from falling below the level required by law.
b) reserves lost by any particular bank will be gained by some other bank.
c) the mpc of borrowers is greater than zero but less than 1.
d) the banking system must keep reserves equal to 100 percent of its checkable-deposit liabilities

Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.

Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.

What so u want to be when u grow up?