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
Aleks [24]
4 years ago
12

State chartered banks are required to become members of the federal reserve system.

Business
1 answer:
alex41 [277]4 years ago
3 0
I think that any bank or incorporated banking institutions involved can become members.
You might be interested in
Dawn's credit card company charges 2.5% per month, for any unpaid amount. For the month, Dawn purchased $650.00 worth of goods a
kodGreya [7K]

Answer:

$615  

Explanation:

The interest rate on Dawn's credit card is 2.5%

Purchases for the month are $650.

Payments made in the month is $50.

Balance will be

Purchases balance and the interest on the credit card

Purchase balance : $650-$50 = $600

Interest for the month

=2.5% x 600

=0.025 x 600

=$15

Balance will be $600 + $15= $615  

5 0
3 years ago
The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbi
aliya0001 [1]

Answer:

The answer is yes, it will function as a medium of exchange.

Explanation:

Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged

In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.

Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.

3 0
3 years ago
g Mad Mex just paid a dividend of $4.00. Next year they anticipate paying a dividend of $6 and then a dividend of $7 in the subs
zalisa [80]

Answer:

The market value of the stock is $132.73.

Explanation:

D0 = Dividend just paid = $4

D1 = Anticipated next year dividend or Year 1 dividend = $6

D2 = Dividend of in the subsequent year or Year 2 = $7

D3 = Year 3 dividend = D2 * (100% + Dividend growth rate forever) = $7 * (100% + 5%) = $7.35

Sum of present values of D1 and D2 = (D1 / (100% + required rate of return)^1) + (D2 / (100% + required rate of return)^2) = ($6 / (100% + 10%)^1) + ($7 / (100% + 10%)^2) = $11.2396694214876

Stock price in year 2 = D3 / (Required rate of return - Dividend growth rate forever) = $7.35 / (10% - 5%) = $147

Present value of Stock price in year 2 = Stock price in year 2 / (100% + required rate of return)^2 = $147 / (100% + 10%)^2 = $121.487603305785

Market value of the stock = Present value of Stock price in year 2 + Sum of present values of D1 and D2 = $121.487603305785 + $11.2396694214876 = $132.73

Therefore, the market value of the stock is $132.73.

5 0
3 years ago
Caroline's Jewelry and Gifts is located between a hardware store and a sports bar. While her target market is adult women of med
zhannawk [14.2K]
I would say A: Men who want to buy gifts. 
5 0
3 years ago
Read 2 more answers
Natalie operates on a pretty tight budget. she is a price-conscious shopper and usually buys store or generic brands to save mon
ollegr [7]

Answer:

The income effect

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • An economy is experiencing a recessionary gap. The government can​ ______.
    11·1 answer
  • The Akron Slugger Company produces various types of wooden baseball bats. It has calculated the average cost per unit of a produ
    13·1 answer
  • Explain the changes in the allowance for doubtful accounts from 2013 through 2015. Does it appear that Hewlett-Packard increased
    5·1 answer
  • Identify and demonstrate processes for making long-term goals and short-term goals
    11·1 answer
  • Which of the following is not true of a budget
    8·2 answers
  • Data were collected from a random sample of 230 home sales from a community in 2003. Let Price denote the selling price​ (in $1,
    13·1 answer
  • Getting a loan you have to repay is known as
    10·1 answer
  • Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr
    15·1 answer
  • Ask your teacher, "What are two behaviors or traits that have helped you find success in your job and in life?"
    5·1 answer
  • Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil f
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!