No, there should be no fees. Some scam jobs will want more money for fees.
That would be a mandatory expense.
When purchasing an item, if it cost a large amount of money, you would be required to pay part of the cost up front. Such as when renting an apartment, you need to put down a deposit. Same idea.
It would be pretty hard. Why should they trust you? There has to be some record of history or credit before they will bill later. Most places are going to want the money up front before they risk sending out goods.
We actually wuld not be saving money. They would be required to raise prices so that prices are all divisible by fives.
A bank draft would be required to purchase a home because it guarantees that you have the money to pay for your purchase and that you have sufficient funds to make your payments.
I would return it promptly. That may be all the money that person has and anyway, it is their money and not mine. If I just found it and didn't know where it came from that would be different.
That would be decrease
the initial deposit is $6500 and the required reserve ratio is 20 percent
It would NOT shrink the money supply, it would just cause the supply of money to grow at a slower pace. So it would decrease the rate of growth of the money supply.
Non-monetary cost is the amount of time and resources required outside of actual money. An example would be the man hours required to build a bridge.
An decrease in the required reserve ratio leads to an increase in the money supply
An decrease in the required reserve ratio leads to an increase in the money supply