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
kifflom [539]
1 year ago
14

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

brainly.com/question/13758092

#SPJ4

You might be interested in
Lawyers, accountants, and other professionals typically price by adding a standard markup for profit. This exemplifies ________.
Korvikt [17]

Answer:

B) cost-plus pricing

Explanation:

hope this helps :)

3 0
2 years ago
Which of the following would be considered retail businesses? (Select all that apply.)
Lesechka [4]
These:

department stores AND

online sellers




I hope it helped you!
4 0
3 years ago
Testing is used by many companies during the recruitment process. Tests could include aptitude, psychological, personality, inte
zmey [24]

Personality test is an assessment that provides insight into important but intangible information about candidates such as personality, values, and work preferences.

Explanation:Pros of Personality Testing :

1, Knowing the unique information personality tests provide can help hiring managers to assess a candidate’s fit into the computer any culture.

2. Personality tests allow hiring managers to better understand how to keep individual employees engaged and motivated at work.

3. Well-designed, standardized assessments allow an organization to improve its legal defensibility by providing a fairer method of candidate comparison.

4.Personality tests can reduce the chance of putting the wrong person in the wrong role (a mistake that can be costly)

The cons of personality test:

1.Time: Personality tests can be time-consuming, which may lead to job candidate frustration or even loss to other companies.

2.Money: Personality tests can be costly to administer.

3.Accuracy: While useful for gaining behavioral insight, personality tests are not always the best indicators of how successful an individual will be in a job

4.Reliability: Candidates often answer personality tests by choosing answers they believe employers want to hear. This can make test results difficult to interpret or even invalid.

4 0
3 years ago
The minimum possible value of the "Frequency of Championships" Herfindahl-Hirschman Index is:__________.
Virty [35]

Answer:

1/N

Explanation:

Herfindahl-Hirschman Index is used to measure the market concentration and market competitiveness of firm(s).

A major advantage of this index is that it is easy to calculate while using  small amount of data required for calculation.

It been used by government agencies such as the U.S. Department of Justice for cases involving mergers and acquisition.

Since we are concerned with the minimum possible value we divide \frac{1}{N}.

7 0
3 years ago
A convenience store chain attempts to be responsive and
lidiya [134]

Answer:

Explanation:

Store should become a responsive one in a way, that customers can see their all products online, add in their shipping cart and come and have a look on retail store and be able to buy buy or vice versa as well. Plus a responsive customer service team empanelled with Sales team should be present to assist customers in case of service/ sales enquiries, thus delivery high service level satisfaction.

4 0
3 years ago
Other questions:
  • Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each o
    15·1 answer
  • Google's mission statement is "to organize the world's information and make it universally accessible and useful."
    6·1 answer
  • At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During the
    12·1 answer
  • Grizzly Company had Retained Earnings at December 31, 2018 of $210,000. During 2019, the company had revenues of $410,000 and ba
    15·1 answer
  • What is the current value of a future sum of money called?
    8·1 answer
  • O’Hara Associates sells golf clubs, and with each sale of a full set of clubs provides complementary club-fitting services. A fu
    11·1 answer
  • 1. Often the most difficult part of computing accurate unit costs is determining the proper amount of _________ to assign to eac
    6·1 answer
  • Which of the following strategies is best to avoid groupthink
    12·1 answer
  • When a company issue 27,000 shares of $5 per value common stock,the journal entry for this issuance would include:
    13·1 answer
  • Which of the following is mostly associated with the federal reserves role as the governments bank
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!