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1 year ago

Look at the scenario money creation. how much of the $1,000 deposit is the bank required to keep in reserves?

Business

1 answer:

madam [21]1 year ago

3 0

The quantity of the $1,000 deposit is the bank required to keep in reserves is 20%.

<h3>What is a reserve deposit?</h3>

A reservable deposit would be any bank deposit subject to bank reserves established by the Federal Reserve Bank of the United States.

Some key features of reserve deposit are-

Through the mechanism of fractional reserve banking, such a deposit could be used in part as a loan.
The remaining portion, as established by the Fed's bank reserves, must be kept by bank & made available for prompt withdrawal upon request.
A reservable bank is a banks deposit that is subject to the reserve requirement guidelines of the Federal Reserve.
Transaction (checking) savings account, savings accounts, as well as non-personal time deposits are all examples of reservable deposits.
Sweep accounts, often known as money market funds, is non-reservable deposit account that generate a greater rate of interest than reservable deposit accounts.

To know more about the reservable deposit, here

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What are the consequences of not notifying your reference of their inclusion in your job

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Answer:

they probably wouldn't take you as seriously

Explanation:

I mean if you have references they know for sure that you are good.

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2 years ago

Suppose Rocky Brands has earnings per share of $2.33 and EBITDA of $29.3 million. The firm also has 5.3 million shares outstan

posledela

Answer:

enterprise value to EBITDA.

Explanation:

The computation of the value of the stock using P/E ratio is shown below:-

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Now, the computation of the value of the stock using EBITDA multiple is shown below:-

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3 years ago

This year, Company LI built a light industrial facility in County G. The assessed property tax value of the facility is $20 mill

const2013 [10]

Answer:

Net Revenue=$120,000

Explanation:

Given Data:

Tax abated=4%

Assessed property tax value of the facility=$20,000,000

New assessed property tax value of the facility=$23,000,000

Required:

Net effect on County G’s current year tax revenue from the abatement=?

Solution:

Decrease in revenue=(0.04*$20,000,000)

Decrease in revenue=$800,000

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Decrease Revenue due to economic boom=$920,000

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3 years ago

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Answer:

Stillman should register as an investment adviser representative in state P.

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Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.

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3 years ago

If you stare at a red patch and then look at a red apple, will your experience of the redness of the apple be stronger or weaker

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It will be weaker. According to Hering’s opponent-process model, our eyes will experience a certain level of fatigue after observing a certain object for a prolonged period of time. This level of fatigue usually happen only temporarily and you could experience the same level of color distinguish if you let your eyes rest for a while.

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3 years ago

Read 2 more answers