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ruslelena [56]
3 years ago
10

Required reserves are defined as_________-. A. currency plus travelers checks plus demand deposits. B. the difference between le

gal reserves and vault cash C. deposits held at Federal Reserve district banks plus vault cash. D. the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed..
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

D. the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed.

Explanation:

Required reserves is the value of reserves that a depository institution must hold in the form of vault cash or deposits at the Fed.

Excess reserve are deposits held at Federal Reserve district banks plus vault cash.

M1 is currency plus travelers checks plus demand deposits.

I hope my answer helps you.

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The productivity gains achieved by specialization are due to A. comparative advantage. B. lower opportunity costs from switching
Ronch [10]

Answer:

Comparative advantage.

Explanation:

Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .

Specialization is about concentrating on producing a few products in order to

build brands , expertise and gain maximum productivity leading to a reduction in selling price and  a comparative advantage.

4 0
3 years ago
Read 2 more answers
What are the roles of international trade?
nordsb [41]
Increased trade<span> creation as a result of the resulting expanded market, the possibility of EOS that may lead to more exports outside the bloc, greater political and bargaining power in negotiations with developed economies, and. a decreased level of dependence on developing countries' markets.</span>
7 0
3 years ago
7.Which of the following customers are the most valued by a business? A. Average B. Major C. Below-average D. Loyal
alisha [4.7K]

7. a) Loyal customers are most valued because they continue to bring business over time

9. b) quality costs are all the costs that results from defects and that are incurred to prevent defects.

14. b) inseparability

16. a) fluctuating demand (fluctuation means change/going up and down)

19. a) one seller and many buyers.

6 0
3 years ago
Read 2 more answers
HUD, Co. had a beginning retained earnings of $29,825. For the year, the company had net income of $6,540 and paid dividends of
marissa [1.9K]

Answer:

$38,265

Explanation:

Beg RE = $29,825

Plus Net Income = $6,540

Minus Dividends = ($2550)

Plus New Stock = $4450

Ending RE = $38,265

6 0
2 years ago
At the end of the year, the deferred tax asset account had a balance of $4 million attributable to a temporary difference of $16
Alex

Answer:

1 . Dr ncome tax expense 7

Dr Deferred tax asset 4

Cr Income tax payable 11

2. Dr Income tax expense3

Cr Valuation allowance-Deferred tax asset3

Explanation:

Preparation of Journal entries

JournalDebitCredit

(In million)

1 . Dr ncome tax expense 7

($11-$4=7)

Dr Deferred tax asset 4

($16× 25% = $4)

Cr Income tax payable 11

($44 × 25% = $11 )

2. Dr Income tax expense3

Cr Valuation allowance-Deferred tax asset3

(3/4 × $4) = $3 million

Deferred tax asset= ($16× 25%)

Deferred tax asset= $4 million

Income tax payable= ($44 × 25%)

Income tax payable= $11 million

5 0
3 years ago
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