The reserve requirement is 40%.
<h3>What is the reserve requirement?</h3>
Reserve requirement is the percentage of deposits that is required of commercial banks to keep as reserves with the Central Bank. The reserve requirement is a told that is used by the Central Bank of a country to control the level of money supply in the economy.
The first step is to determine the reserves of the bank.
Reserves = checkable deposits - excess reserves
$5 million - $3million = $2 million
Reserve requirement : (reserves / checkable deposits) x 100
($2 million / $5 million ) x 100 = 40%
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Answer:
151.05 euro
Explanation:
The computation is shown below:
Data provided in the question
€1 = $1.1364
$1 = $1.2408
And the new coat cost is $213 in Singapore
So, by considering the above information
The 1 euro = $1.1364 × $1.2408 = $1.4100512
So,
$1 = 1 ÷ $1.4100512 euro = 0.709194
So, the identical coat cost is
= $213 × 0.709194
= 151.05 euro
Answer:
Beta of a security is the covariance of the security return with the return on the market portfolio divided by variance of the market return.
The correct answer is C
Explanation:
Beta of a security is calculated as covariance (Ri,Rm) divided by Variance of the market return. Beta is used for measuring the systematic risk of a security.
Answer: When the switch is closed.
Explanation: The current is the flow of charges, the current can only flow when the switch is closed
An example of an institutional COI would be <span>one of the organization's deans is the vice-chair of the organization's irb
The organization's irb (institutional review board) is established to make sure that the institution protect the rights and welfare of every people that involved in the Organization. If the Dean is a member of the IRB, he can basically pass every misconduct that would tainted the organization</span>
