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]
3 years ago
12

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

Business
1 answer:
alex41 [277]3 years ago
3 0
I think that any bank or incorporated banking institutions involved can become members.
You might be interested in
Productivity is the
Lunna [17]

Answer:

The correct answer is option a.

Explanation:

Productivity can be defined as a measure of the efficiency of a person, factory, machine, system, etc, to convert inputs into outputs. In other words, it is the rate of output per unit of input.  

Productivity is an important determinant of living standards. A higher level of productivity means better living standards. This implies that growth in productivity is the key determinant of growth in living standards.

5 0
3 years ago
An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans
Blababa [14]

The percent change in real GDP is 17.65%

<h3>What is the GDP of an economy?</h3>

The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.

The percent change in real GDP can be calculated by using the formula:

\mathbf{=\dfrac{New \ GDP - Old \ GDP}{Old \ GDP } \times 100}

\mathbf{=\dfrac{40000 -34000}{34000 } \times 100}

= 17.65%

Learn more about gross domestic product (GDP) here:

brainly.com/question/1383956

6 0
2 years ago
The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
Artist 52 [7]

Answer:

Revenue Centre

Explanation:

Revenue Centre is that division or department of the firm which generate or create revenue through sale of the goods and the services. The district director who is managing the 5 mortgage origination offices that is staffed by the bank associates. So, most likely responsible for a revenue centre of the business. And who works for revenue centre is only responsible or accountable for the revenue only.

4 0
3 years ago
Big Dom’s Pawn Shop charges an interest rate of 27.5 percent per month on loans to its customers. Like all lenders, Big Dom must
lidiya [134]

Answer:

APR is 330% and EAR is 1745.53%

Explanation:

Given:

Monthly interest rate = 27.5%

APR or annual percentage rate = 27.5×12 = 330%

So, Big Dom should report an APR of 330% to customers.

EAR or effective annual rate = (1+\frac{APR}{m}) ^{m}-1

Here,

APR is 330% and m is 12

330÷12 = 27.5%

substituting the value in the above formula:

EAR = 1.275^{12}-1

        = 17.4553 or 1745.53%

3 0
3 years ago
The term ___________ is a popular way to describe the recession-expansion pattern followed by the economy.
UNO [17]
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy. 
5 0
3 years ago
Other questions:
  • The standards for direct labor for a product are 2.5 hours at $8 per hour. Last month, 9,000 units of the product were made and
    5·1 answer
  • While examining cash receipts information, the accounting department determined the following information: opening cash balance
    9·1 answer
  • Employees who experience ______ conflict and ______ facilitation between work and family roles are objectively healthier, less a
    6·1 answer
  • In a simple economy suppose that all income is either compensation of employees or profits. Suppose also that there are no indir
    11·1 answer
  • During the current year, East Corporation had 4 million shares of common stock outstanding. 2,200, 4% convertible bonds, each wi
    13·1 answer
  • How free maket economy operates
    9·1 answer
  • The idea of rational expectations suggests that :_________
    11·1 answer
  • Under the "Don't Put all you eggs in one basket" analogy, the eggs represent individual investments and the basket represents th
    13·1 answer
  • Which of the following is an example of investment in capital?
    13·1 answer
  • Amateurs who cash bad checks because of some financial crisis but have little identification with a criminal subculture are call
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!