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
blsea [12.9K]
3 years ago
13

ngus Bank holds no excess reserves but complies with the reserve requirement. The required reserves ratio is 99​%, and reserves

are currently ​$2727 million. The amount of deposits is ​$300300 million. ​(Round your response to one decimal​ place.) The reserve shortage created by a deposit outflow of ​$55 million is ​$negative 4.55−4.55 million. ​(Round your response to two decimal​ places.) The cost of the reserve shortage if Angus Bank borrows in the federal funds market​ (assume the federal funds rate is 0.250.25​%) is ​$
Business
1 answer:
stira [4]3 years ago
7 0

Answer:

312.5 million

-3.68 million

11040

Explanation:

The amount of deposits is ​ ​$312.5 million

The reserve shortage created by deposit outflow of 4 million is - ​$3.68 million

The cost of the reserve shortage if Angus Bank borrows in the federal funds market is (federal funds rate is 0.3%) is  ​$11040

You might be interested in
A project portfolio is a useful storage medium that enables the project manager to consolidate all project information in a sing
Luda [366]

Answer:

The statement is: False.

Explanation:

The project portfolio comprehends the group of projects the company has and how they strategically select one over another to meet the company goals. The project management allows the company plan according to the current situation the organization faces and allocates its resources as needed.

The project portfolio is not a storage medium.

5 0
3 years ago
20. (EFM12c) How are market prices set?
vodka [1.7K]

D) By the interaction of producers and consumers

7 0
3 years ago
Explain briefly why professional certification and membership in professional organizations are important.
Kobotan [32]
The roles of these professional associations have been variously defined: "A group of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;"[1]also a body acting "to safeguard the public interest;"[2]<span> organizations which "represent the interest of the professional practitioners," and so "act to maintain their own privileged and powerful position as a controlling body."</span><span>[2]</span>
5 0
3 years ago
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) 50 POINTS!
ahrayia [7]
A because B only happens when lottery winners show the faces and stuff but most of them don’t and also C is wrong because if they thought about it thoroughly they wouldn’t be having financial problems
5 0
3 years ago
Demand for workers in some industry declines. These workers are reluctant to have a cut in their nominal wage. However, a. infla
djverab [1.8K]

Answer:

d. inflation will reduce their real wage and so decrease the number of available workers.

Explanation:

In the case when the demand for workers in some industries declines and they have to cut in nominal wages, so there would be increase in the wage bill of the industry because of this the price of the products will increased that also increase the inflation.

In the case when the inflation is rise, the real wage would fall as there would be declining in the purchasing power of money

So, the option d is correct

4 0
3 years ago
Other questions:
  • How fast does the Ringling brothers human rocket travel
    12·2 answers
  • Short Corp. reported net income of $63,000 for the year and had a tax rate of 30%. Net sales were $300,000 and Operating expense
    6·1 answer
  • A good way to remind agitated drivers that nobody's out to get them is to:
    14·2 answers
  • Indicate whether the following accounts generally will have (a) debit entries only, (b) credit entries only, or (c) both debit a
    12·1 answer
  • The Super Ball lottery was won by Joan; her winnings were $500,000.00 to be paid in quarterly payments of $12,500.00 each over t
    9·1 answer
  • if you are planning to become an entrepreneur out of the four types of entrepreneur which one would you like to take up and why?
    7·1 answer
  • A real estate agent is considering changing her land line phone plan. There are three plans to choose from, all of which involve
    7·1 answer
  • If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
    9·2 answers
  • Which kind of enterprise is usually governed by a board of directors?
    10·1 answer
  • How did jimmy carter respond to the economic crises of the late 1970s?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!