All categories

4 years ago

When the Fed raises the required reserve ratio, the excess reserves available in the banking system: Group of answer choices

Business

1 answer:

deff fn [24]4 years ago

7 0

Answer:

are decreased

Explanation:

the reserve ratio is the reserve requirement on commercial banks to deposit a percentage of their deposit liabilities to the Central Bank so as not to lend or invest all of them. Therefore when reserve ratio is increased, excess reserves available to banks decrease as they are required to keep more funds with the Central Bank. In the US, the Federal Reserve is in charge of setting the reserve ratio which is specified in Regulation D

You might be interested in

All publicly traded companies must adhere to __________ accounting principles: a. IFRS b. SEC c. GAAP d. SOX

aev [14]

Answer:

Explanation:

Its c

4 0

3 years ago

From 2015 to 2016, the overall price level rose from 200 to 220. Over the same period, tuition rates at the local community coll

Nikolay [14]

Answer:

Explanation:

Inflation is a persistent rise in general price level

Rise in Inflation rate = 220 / 200 - 1 = 10%

Rise in tuition fees = 115 / 100 - 1 = 15%

From the calculations, the percentage change in tuition fees is higher than the percentage change in inflation rate

3 0

3 years ago

The Bijou Theater in Hermosa Beach, California, shows vintage movies. Customers arrive at the theater line at the rate of 100 pe

a_sh-v [17]

Answer:

Task a:

What is the average customer time in the system?

Answer: 30 seconds

Task b:

What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?

Answer: 33.34 minutes

Task c:

Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?

Answer: 16.67 minutes

Explanation:

Task a:

What is the average customer time in the system?

Solution:

Average customer time = 30 seconds per customer.

Total number of customers in an hour = 100.

Total time taken to attend customers = time per customer*total customers

= 30*100 = 3,000 seconds or 50 minutes.

So, 100 customers are attended in 50 minutes.

Average time = 50/100 = 0.5 minutes or 30 seconds

Task b:

Solution:

If the average service time is reduced to 20 seconds, the customer time will reduce in the system.

For 100 customers, total time taken = 20*100 = 2,000 seconds or 33.34 minutes

Thus waiting time for the 100th customer has fallen from 50 minutes to 33.34 minutes.

Task c:

Would system waiting time be less than you found in b if a second window was opened with each service doing all three tasks?

Solution:

In this case, 100 customers will be divided into 1/3rd each i.e. 100/3 in each line.

So, waiting time for the 100/3th customer = 100/3*original time = 100/3*30 seconds = 1,000 seconds or 16.67 minutes.

Thus, within 16.67 minutes the line would be serviced.

Therefore, System waiting time will be less than as calculated in b.

3 0

4 years ago

Identify her/his entrepreneurial qualities and support your answer based on what you observed

Masja [62]

The main qualities of real entrepreneur are:

1) spiritual freedom and energy;

2) willpower;

3) ability to effectively negotiate and convince partners and customers;

4) organizational skills;

5) determination and willingness to situations of risk.

5 0

4 years ago

A private accountant is an accountant whose services may be hired on a fee basis by individuals or business firms. Group of answ

koban [17]

Answer:

TRUE

Explanation:

A private accountant is an individual that provides a select and personalized set of accounting services on hire which may sometimes be exclusive to one client. Clients are usually individuals with high net worth or big corporations.

A private account may be an employee of the client or may operate as an independent accountant, with the later being the case most times.

8 0

3 years ago

Read 2 more answers