1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phantasy [73]
1 year ago
11

The share of deposits that banks must have in reserves is the . The interest rate banks charge each other for very short-term lo

ans is the . The interest rate the Federal Reserve charges commercial banks for loans is the
Business
1 answer:
frutty [35]1 year ago
3 0

The deposits that banks must have in reserve <u>Required reserve ratio</u><u>.</u> The interest rate banks charge each other is the <u>Federal Funds Rate.</u> The rate the Fed charges commercial banks is the <u>Discount rate.</u>

<h3>What are some banking rates?</h3>

The Federal Funds Rate is an interest rate on loans that bank loan each other in the short term.

The discount rate is on loans from the Fed to commercial banks. And the ratio that banks keep at the Fed is the Required Reserve Ratio.

Find out more on the federal fund rate at brainly.com/question/14968110

#SPJ1

You might be interested in
Jeff deposits $3,000 into an account which pays 5 percent interest, compounded annually. At the same time, Kurt deposits $3,000
VashaNatasha [74]

Answer:

Kurt will have a smaller account value than Jeff will

Explanation:

The formula for calculating future value = A (B / r)

B = [(1 + r)^n] - 1

Jeff : $3000 x [(1.05^3 - 1 ) / 0.05] = $9457.50

Kurt :$3000 x [(1.03^3 - 1 ) / 0.03] = $9272.70

Jeff would have a higher account value than Kurt

8 0
3 years ago
Which of the following is true about a "credit"? I. It is part of the double-entry procedure that keeps the accounting equation
kipiarov [429]

Answer:

III. I, II, III, and IV.

  • I. It is part of the double-entry procedure that keeps the accounting equation in balance.
  • II. It represents a decrease to assets.
  • III. It represents an increase to liabilities.
  • IV. It is on the right side of a T-account.

Explanation:

The debit-credit balance is necessary for maintaining the accounting equation in balance, i.e. all the debits must have a corresponding credit.

Asset accounts increase when they are debited and decrease when they are credited.

Liabilities accounts decrease when they are debited and increase when they are credited.

Debits are on the left side of a t-account and credits are on the right side.

3 0
3 years ago
Real GDPa.is the current dollar value of all goods produced by the citizens of an economy within a given time. b.measures econom
Gre4nikov [31]

Answer:all of the above are Correct (D)

Explanation:

Real GDP is a macro economic statistics that measure the value of the goods and services produced by an economy in a specific period , adjusted for inflation. Government use both minimal and real GDP as metrics for analyzing economic growth and purchasing power over time.

3 0
2 years ago
you make a clay pot for $10 and sell it to a customer for $40. what is your economic surplus associated with the transaction?
Bess [88]

The transaction's surplus in terms of the economy $30

<h3>Which principle states that the next-best choice you must forego in order to have something is its true cost?</h3>

The idea of opportunity cost, which states that the opportunity lost as a result of a decision, determines the true cost of an economic decision, is closely tied to the principle of substitution.

<h3>What is a sunk cost, give an example, and explain why it doesn't matter when deciding what to do in the future?</h3>

Sunk costs are viewed as bygone in economic decision-making and are not taken into account when determining whether to continue an investment project. Spending $5 million to establish a plant that is expected to cost $10 million is an example of a sunk cost.

To Know more about sunk cost

brainly.com/question/20438089

#SPJ9

3 0
9 months ago
Name the four areas in which standards of ethical conduct exist for management accountants in the united states. What organizati
GaryK [48]

​The four areas in which standards of ethical conduct exist for management accountants in the united states are.

(1) Competence,​ (2) Confidentiality,​ (3) Integrity, and​ (4) Credibility. These standards are set by the Institute of Management Accountants​ (IMA).

<h3>What is Institute of Management Accountants?</h3>
  • The National Association of Cost Accountants, which eventually became Institute of Management Accountants, was established in Buffalo, New York in 1919. Its main office is in Montvale, New Jersey, in the United States, and it also has regional offices there as well as in Europe, the Middle East, and India.
  • It established the management accounting practices committee in 1969 with the mandate of advancing management accounting as a primary field of study consistent with Institute of Management Accountants viewpoints.
  • Twelve people from different accounting bodies, including the FASB and other well-known regulatory bodies, made up the group.
  • The Institute of Management Accountants representatives were commended for their knowledge of accounting. Later, the committee combined with the Foundation for Applied Research to establish the MAC/FAR committee.

To learn more about Institute of Management Accountants​ with the given link

brainly.com/question/8339611

#SPJ4

5 0
1 year ago
Other questions:
  • A customer paying $100 for a service with a credit card would be a debit to which account?
    13·2 answers
  • Aneal is a very successful employee in the IT department. His supervisor wishes to recognize him with a promotion to give him mo
    6·2 answers
  • why do you think many people are in jobs that are not satisfying? do organization help people craft satisfying and motivating jo
    14·1 answer
  • Exercise 15-7 Crawford Corporation incurred the following transactions. 1. Purchased raw materials on account $53,000. 2. Raw Ma
    7·1 answer
  • In what IT pathway would you most likely need to be familiar with the system development life cycle?
    10·2 answers
  • A human service worker has to get a plan of action for a juvenile offender she discovers you skipped a couple of counseling sess
    12·1 answer
  • "Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he shoul
    6·1 answer
  • The ultimate goal of contract damages is: Multiple Choice Put the nonbreaching party where it was before the contract was formed
    13·1 answer
  • Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $57,000, and the
    8·1 answer
  • Suppose Mike wants to pay efficiency wages to help in the construction of his beach home. If the prevailing wage rate for electr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!