Deposits of commercial banks at the federal reserve bank are called federal funds.
A bank is a financial institution that accepts deposits from the public and makes loans while depositing demand deposits. Loans can be made directly by banks or indirectly through the capital markets.
Banks do many things, but their main job is to take money, called deposits, from people who have money, pool it, and lend it to people who need it. A bank is an intermediary between depositors (who lend money to the bank) and borrowers (who the bank lends money to).
Banks, institutions dealing in money and its substitutes and providing other money-related services. In their function as financial intermediaries, banks accept deposits and authorize loans.
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Answer:
(B) What action should the receiver take?
(C) What does the receiver need to know about this topic?
(E) Where should I begin my research?
Explanation:
These are all important questions in this case because it is crucial to understand the audience of the message before the actual message is rolled out. Hence among other things the above questions are vital.
- What will happen if I don't conduct research? Not important because the researcher already realizes the consequences of not doing research
- How is the receiver to take action? This is covered in B
Answer:
The answer is below
Explanation:
According to Article 17 of the Texas Constitution which is otherwise known as "Mode of Amending the Constitution of This State"
The first step in amending the Texas Constitution is that the Texas State Legislature must make a proposition of the amendment in a joint resolution, involving both the Texas State Senate and the Texas House of Representatives. This joint resolution, however, can emerge in either the House or the Senate.
The answer is exclusive dealing.
In terms of economics and law, exclusive dealing happens when a supplier binds the customer by restricting their ability to choose what, with whom, and where they do business.
When this significantly lessens competition in an industry, it is illegal in the majority of nations, including the USA, Australia, and Europe.
Exclusive dealing is permissible (in the US) according to the Restrictive Trade Practices Act when the sales outlets are owned by the supplier; but, if it is registered and approved, it is permitted when the outlets are independent.
Hence, an agreement between a manufacturer and a distributor stipulating that a dealer will only distribute that manufacturer's products would be classified as a form of exclusive dealing.
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Answer:
The expected 1-year interest rate 2 years from now should be 8.11%
Explanation:
The Zero-coupon rate bond is a bond that does not offer the coupon payment. This coupon is issued at a deep discount value. The only cash flow associated with this bond is the face value at the maturity date.
Use following equation to calculate the The expected 1-year interest rate 2 years from now
( 1 + 1 years maturity rate)^1 x ( 1 + 2 years maturity rate)^2 = ( 1 + 3 years maturity rate)^3
( 1 + 1 years maturity rate) x ( 1 + 6.60%)^2 = ( 1 + 7.10%)^3
( 1 + 1 years maturity rate) x ( 1.0660)^2 = ( 1.0710)^3
( 1 + 1 years maturity rate) = ( 1.0710)^3 / ( 1.0660)^2
( 1 + 1 years maturity rate) = 1.228481 / 1.136356
1 + 1 years maturity rate = 1.081071
1 years maturity rate = 1.081071 - 1
1 years maturity rate = 0.081071
1 years maturity rate = 8.1071%
1 years maturity rate = <u>8.11%</u>