Assume that the banking system has total reserves of $100 billion. assume also that required reserves are 10 percent of checking deposits, and that banks hold no excess reserves and households hold no currency. a. what is the money multiplier? what is the money supply? b. if the fed now raises required reserves to 20 percent of deposits, what is the change in reserves and the change in the money supply?

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.