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Law Incorporation [45]
3 years ago
8

In December​ 2009, currency outside of banks was​ $400 billion,​ traveler's checks were​ $5 billion; checkable deposits owned by

individuals and businesses were​ $600 billion, saving deposits were​ $2,000 billion, time deposits were​ $1,500 billion; and money market funds were​ $1,200 billion. What was the M2 in December​ 2009?A. M2​ = $2,505 billionB. M2​ = $5,705 billionC. M2​ = $3705 billionD. M2​ = $5,700 billionE. M2​ = $1,005 billion
Business
1 answer:
xxMikexx [17]3 years ago
7 0

Answer:

5590581x1149 {22.7.4y127.6 \sqrt[6dssgm]{?} }^{2}  \times \frac{?}{?}  \times \frac{?}{?}

bwjtj

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The desired reserve ratio is 10 percent of deposits, and the currency drain ratio is 1 percent of deposits.
Flauer [41]

Answer:

Quantity of money changes by $50,000,000

Explanation:

Desired reserve ratio = 10% = 0.1

Currency drain ratio = 1% = 0.01

Money multiplier = (1+0.1) / (0.1+0.01) = 1.1/ 0.11 = 10

Value of securities purchased = $5 million

Change in quantity of money :

$5 million * 10 = $50 million

Currency created : currency drain ratio * change in quantity of money

0.01 * $50,000,000 = $500,000

Amount of bank deposit = quantity change - currency created

= $50,000,000 - $500,000 = $4,500,000

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2 years ago
True or False: Market segmentation is the process of dividing the market into groups of customers based on their needs, wants, a
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Answer:

true

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Market segmentation is the process of dividing prospective consumers into different groups depending on factors like demographics, behavior and various characteristics.

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2 years ago
What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises worke
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Read 2 more answers
Determinants of market interest rates
ollegr [7]

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

Market interest rates can be defined as the amount of interests (money) paid by an individual on deposits and other financial securities or investments. The factors that typically affect the market interest rate known as the determinant of market interest rates are;

1. This is the rate on short-term U.S. Treasury securities, assuming there is no inflation: Real risk-free rate r*

2. It is calculated by adding the inflation premium to r*: Nominal risk free rate.

3. This is the premium added to the real risk-free rate to compensate for a decrease in purchasing power over time: Inflation premium.

4. This is the premium added as a compensation for the risk that an investor will not get paid in full: Liquidity risk premium.

5. This premium is added when a security lacks marketability, because it cannot be bought and sold quickly without losing value: Liquidity risk premium.

6. This is the premium that reflects the risk associated with changes in interest rates for a long-term security: Maturity risk premium.

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3 years ago
List four things a personal essay should not include
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Quotations, Random Lists, Over-used clichés, Limit your use of the word “passion”, And Stilted vocabulary.

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