The key to understanding the money creation process is the fact that:.a. since the money supply excludes cash but includes checking account deposits, money is created whenever individuals deposit cash into a checking account. b. whenever banks create financial liabilities for themselves, they create financial assets for individuals, and those financial assets are considered money. c. whenever banks create financial assets for themselves, they create financial liabilities for individuals, and those financial liabilities are considered money. d. banks are able to print dollar bills and add these to circulation whenever they extend loans.

Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

You wants to open a saving account.which account will grow his money the most

Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%