In Macroland,currency Held by the Public Is 2000 Econs,bank Reserves

question 119

Multiple Choice

In Macroland,currency held by the public is 2000 econs,bank reserves are 300 econs,and the desired reserve-deposit ratio is 15%.If the central bank prints an additional 300 econs and uses this new currency to buy government bonds from the public,the money supply in Macroland will increase from _________ econs to ________ econs,assuming that the public does not wish to change the amount of currency it holds.

• A) 2,000;2,300
• B) 2,300;2,600
• C) 2,645;2,990
• D) 4,000;4,300
• E) 4,000;6,000

Recognize the use of diagnostic tools in the examination of the gastrointestinal tract.

Understand and calculate outstanding checks and their impact on cash flow and bank reconciliation.

Correctly treat common discrepancies in bank reconciliations.

Identify and classify items as cash, cash equivalents, and non-cash items according to accounting standards.

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Definitions:

Goodwill

An intangible asset that represents the excess value paid for a company over its net assets at the time of acquisition, reflecting attributes like brand reputation, customer relations, and intellectual property.

Voting Shares

Shares that give the shareholder the right to vote on company matters, such as electing directors or approving acquisitions, indicating a degree of control in the company.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Carrying Amount

The book value of assets and liabilities as reported in the financial statements, factoring in depreciation, amortization, and impairment.